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Boosting Kuwait's Economy: China's Rising Influence

Kuwait, a Gulf state renowned for its vast oil reserves, has been strategically diversifying its economy. A key player in this transformation has been China, whose growing investme...

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3 min read863 Views14 Aug 2024

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Oman to Pioneer EV Charging Equipment Manufacturing in the Middle East

In a significant stride towards sustainable transportation and clean energy, Oman is set to become the Middle East’s first country to manufacture electric vehicle (EV) charging equ...

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2 min read573 Views13 Aug 2024

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UAE Youth are nation's sustainable wealth, says Al Neyadi on International Youth Day

Dr. Sultan bin Saif Al Neyadi, Minister of State for Youth Affairs, said that the UAE, led by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, views youth as a sustainabl...

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3 min read411 Views12 Aug 2024

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Saudi Arabia's Labor Law Overhaul: A Deeper Look

The Saudi Council of Minister's recent amendments to its Labor Law are a significant step towards modernizing its workforce and economy. The primary goal is to create a more attrac...

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1,317 Views09 Aug 2024

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Arab Monetary Fund forecasts 6.2% growth for UAE economy in 2025

The UAE's economy is expected to grow by 3.9 percent in the current year, 2024, rising to 6.2 percent in 2025, according to the Arab Monetary Fund (AMF).In its Arab Economic Outloo...

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918 Views26 Jul 2024

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Saudi Arabia Implements New Gradual Retirement Age Increase

The General Organization for Social Insurance (GOSI) announced a significant change to the country's retirement system. Effective as of July 3, 2024, a new Social Insurance Law int...

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2 min read14,560 Views08 Jul 2024

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Bahrain Ascends to ICT Powerhouse, Maintains Fifth Place in 2024 Global ICT Development Index

Bahrain has solidified its status as a frontrunner in the information and communications technology (ICT) sector, according to the latest rankings. For the second consecutive year,...

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2 min read9,667 Views02 Jul 2024

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UAE a destination for promising investment opportunities and sustainable growth

The UAE has strengthened its position as a leading global destination for promising investment opportunities and a key player in the global economy by capturing 45.4 percent of the...

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3,101 Views27 Jun 2024

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UAE Ministry of Finance launches new transformational projects

The UAE Ministry of Finance announced the implementation of transformational projects that support the country’s efforts to transition towards the future and enhance its competitiv...

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4 min read2,164 Views24 Jun 2024

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