The India and Middle East region is of strategic importance to the Air France-KLM Group, Gumuseli said
Saudi Arabia
Abha International Airport
Saudi Arabia issues RFP for New Abha International Airport expansion project
Project will be completed in 2 or 3 phases; Four pre-qualified bidders in the fray; Capacity to reach 13 million by 2054
Employee engagement
UAE, Saudi banks push for enhanced employee experience in GCC: Report
The report highlighted the direct impact on profitability through prioritising employee experience on engagement, retention, and innovation
Gaming
NEOM boosts Saudi gaming sector with publishing network
Saudi Arabia’s developing gaming industry will be supported by investments from NEOM Media’s Gaming Publishing Partner Network
Corporate tax
UAE salaries to fall; Corporate Tax changes; Top Dubai real estate areas; Drone deliveries launched – 10 things you missed this week
UAE and Saudi salary updates, Dubai real estate analysis, Corporate Tax changes, major health insurance update and more top stories this week
Capital Markets
GCC debt capital markets to hit $1tn
Fitch Ratings expects debt capital markets in the GCC to grow in 2025
ACWA Power
Saudi Arabia’s ACWA Power proposes $1.9bn rights issue
Saudi Tadawul authority said the company has applied for the issue to increase in its paid-up capital
E-commerce
MENA online gifting market sees 62% jump in festive season sales: Report
The festive season fuels growth in MENA e-commerce platforms and gifting marketplaces, driven by special promotions, convenience, and rising interest in mobile shopping
Flynas
Flynas announces Dammam to Red Sea International Airport
Saudi Arabia’s flynas introduces new domestic flights from Dammam to Red Sea International Airport
saudi tax
Saudi Arabia urges businesses to submit VAT returns or face fines
Saudi Arabia’s Zakat, Tax and Customs Authority warns businesses to submit Value Added Tax before end of the year
Best places to work
Revealed: 50 best places to work in the Middle East
Top 50 Best Places to Work in the Middle East for 2024 revealed as companies champion employee wellbeing
Saudi Ministry of Human Resources and Social Development
Over half the workforce fear their job skills will be obsolete this decade
Lack of time, financial constraints, and current educational system are three main barriers that hinder upskilling of workforce
Saudi Arabia
Saudi Arabia is shaping future of global sport: Report
The market value of the sports industry is projected to grow from $8 billion to $22.4 billion by 2030, according to the report
Dammam
Saudi Arabia’s King Fahd International Airport in Damam welcomes record 12m passengers
Dammam Airports Company sees 15 per cent increase in passengers at King Fahd International Airport in Saudi Arabia
engineering
Saudi Arabia approves new pay scale for engineers
Saudi Ministry of Human Resources announces new career route and pay scale for engineers in the Kingdom
digital banking
Saudi Arabia approves licence for D360 digital bank
D360 Bank given approval to launch operations in Saudi Arabia
GaStat
Saudi tourism growth continues with over 959,000 employed in the sector
Saudi statistics authority identifies increase in employment in Kingdom’s tourism sector