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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

10/12/2023

	Qatar Airways launches NEOM Bay flight Qatar Airways expanded services to Saudi Arabia with the launch of the Doha-NEOM Bay flight on Saturday.
	Saudi FDI reforms poised to deliver transformative impact Saudi Arabia continues to vigorously pursue its reform agenda, with a focus on bolstering foreign direct investment inflows and diversifying investment strategies despite a recent deceleration in its financial account as reported by the Saudi Central Bank and the Ministry of Finance.
	Dubai: Tenants increasingly entering multiple-year contracts as rents continue to rise in 2024 Anticipating rentals staying high in the coming years, tenants in Dubai are increasingly entering into multiple-year contracts with landlords to protect themselves from the rise in rents.
	Dubai: Rents to continue rising in 2024, but at a slower pace Rents in Dubai will continue to rise in 2024 but at a more modest pace, due to undersupply in the market and the migration of foreign professionals and investors into the city.
	Dubai: Can employee file case against firm for unpaid extra fuel cost? I am employed by a mainland Dubai company. My job involves a lot of travel, for which the company has given me a car with fuel allowance. However, I end up paying much more on fuel than what's allotted to me. I have raised this with the company many times but to no avail. Do I have a recourse legally?
	UAE: Can banks deduct loan amounts from end-of-service gratuity? I have an outstanding loan in the UAE. Does the bank have the right to recover the amount from my end-of-service gratuity?
	NBK partners with Qatar Airways, British Airways to launch NBK Avios Visa Card With its commitment to providing exceptional banking experiences through outstanding products and services, National Bank of Kuwait (NBK) has unveiled the NBK Avios Visa Signature Prepaid Card in partnership with Qatar Airways Privilege Club and British Airways Executive Club. This Visa prepaid card, the first of its kind in the MENA region, reflects NBK’s commitment to innovation.
	Mideast airlines post 24% jump in Oct traffic: IATA Middle Eastern airlines posted a 24.1 percent rise in October 2023 traffic compared to a year ago. Capacity rose 22.2 percent and load factor climbed 1.2 percentage points to 80.6 percent.

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