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Zayed International airport's air traffic controllers have guided planes carrying at total of 6.8 million passengers in the first three months of the year

London and India dominate airport traffic in Abu Dhabi

London and Indian cities dominated traffic at Abu Dhabi’s airports during the first quarter with year-on-year visitor numbers up by more than a third. Close to 7 million passengers passed through the emirate’s five airports in the first three months of the year. Zayed International airport, formerly known as Abu Dhabi International airport, welcomed 6.8 […]

The loan will be used to improve public services, and create jobs throughout Morocco

Morocco signs $109m loan deal with African bank

Morocco has received a loan worth €100 million ($109 million) from the African Development Bank to fund new investment and sustainable infrastructure projects across the country. The loan agreement was signed with Fonds d’Equipement Communal, a bank dedicated to financing investment projects and development programmes in Morocco. Funds will be used to improve public services, […]

Public sector jobs have traditionally been preferred by Emiratis, but the Nafis programme seeks to change those perceptions

UAE to invest $1.7bn to place more Emiratis in private sector jobs

The UAE is aiming to add 36,000 Emiratis to the private sector workforce this year and has approved a $1.7 billion budget to support Emiratisation. The number of UAE nationals working in the private sector was about 92,000 by the end of 2023, according to the Emirati Talent Competitiveness Council. Nearly 42,000 joined private businesses […]

Workers in Bangladesh wait to travel to Saudi Arabia. Migrant workers have been sending remittances in smaller amounts.

Saudi remittances fall as expats invest domestically

Expatriate remittances from Saudi Arabia have fallen over the past two years, despite a rise in the number of overseas workers needed to develop the kingdom’s slate of huge giga-projects. Some experts have predicted the slump in funds sent back home could be as a result of improved investment opportunities inside the kingdom.  Yearly remittances […]

Hive Coliv co-living

Millennial ‘co-living’ concept gains momentum in Gulf

The appetite for “co-living”, a form of communal housing that offers private rooms and shared spaces, is on the rise in the GCC, and more investors are entering the sector.  Co-living as a sub-segment of residential property has gained in popularity in markets such as the UK and the US, as developers seek to provide […]

These workers at a factory in Manama, Bahrain, could soon be enjoying a three-day weekend if the government goes ahead with proposed changes

Kuwait and Bahrain propose changes to working week

Lawmakers in Kuwait and Bahrain are pushing for major amendments to the working week, aiming to improve workers’ rights and boost the work-life balance in the two Gulf states. In Bahrain, the focus is on extending the weekend to three days: Friday, Saturday and Sunday.  “There is an urgent need to keep pace with global […]

Retired people in the UAE will be encouraged to use the skills developed across their careers to develop small businesses in Dubai

Dubai launches small business plan to support Emirati retirees 

Retired emiratis are being incentivised to run their own companies after the launch of the Dubai Retiree Projects Support programme this week. The scheme is part of the Dubai Social Agenda 33, which aims to create a more proactive social system. Benefits include priority for government contracts, financing of future projects, exemption from service fees […]

The Avenues – Khobar will feature two shopping malls and hotels

The Avenues – Khobar to be built by Kuwait developer

Kuwaiti developer Shomoul Holding this week launched a retail and residential project in the eastern Saudi city of Khobar worth SAR7.2 billion ($1.92 billion), securing a SAR4.35 billion loan for the first stage of construction.  The government’s Tourism Development Fund, set up in 2020, provided the loan along with a consortium led by National Arab […]