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Saudi government to pay companies' late fees for visa renewal

Saudi government to pay companies' late fees for visa renewal

In January, the kingdom set up an electronic platform to allow contractors to check on the status of payments

Some contractors in Saudi Arabia – across a wide variety of sectors - are still struggling to receive payment on time, despite assurances from the government that the situation is being rectified.

The Saudi government will pay fines levied

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Dubai stock exchange to launch REITs platform in 'next few months'

Dubai stock exchange to launch REITs platform in 'next few months'

Dubai Financial Market (DFM) has said it will launch a new real estate investment trusts (REITs) platform in the coming months after publishing new regulation.

The emirate's stock exchange said the new regulation for REITs and investment trusts was in line with international best practices and had received approval from the UAE’s Securities and C

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London house prices post biggest drop since 2009 in July

London house prices post biggest drop since 2009 in July

The average property in the capital cost 485,000 pounds ($640,000)

Home prices fell 0.7 percent from a year earlier, the biggest decline since September 2009, the Office for National Statistics said Wednesday. The average property in the capital cost 485,000 pounds ($640,000).

London house prices posted their biggest drop in almost a

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Operations contracts awarded for two lines of $22.5bn Riyadh Metro

Operations contracts awarded for two lines of $22.5bn Riyadh Metro

A metro operations and maintenance (O&M) contract has been awarded for the first two lines of the $22.5 billion Riyadh Metro project by the Arriyadh Development Authority (ADA) over a period of 12 years, it was announced on Thursday.

The contract has been awarded to Capital Metro Company (CAMCO), a joint venture between RATP group subsidiary

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Expat remittances from UAE increase 13% to $23.96bn

Expat remittances from UAE increase 13% to $23.96bn

India received nearly 40 percent of the total remittances sent from the UAE in the first half of the year

Expat remittances from the UAE totalled AED 88 billion ($23.96 billion) in the first half of 2018, a 13.1 percent growth from the AED 77.8 billion ($21.18 billion) recorded during the same period in 2017, according to figures from the Central

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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