Exhibition City Completes About 80% of Preparations for the Damascus International Fair Launch
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The Syrian Ministry of Finance has announced measures to facilitate retirees' salary payments, including scheduling transfers, raising daily ATM withdrawal limits, and accelerating network integration between banks, money transfer companies, and Sham Cash to ensure timely payment.
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TerraPay and OMT announced a strategic partnership to launch a cross-border financial solution supporting Lebanese businesses, enabling instant money transfers and transaction tracking through a secure online portal, compliant with international standards.
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The Exchange Office announced that the United Arab Emirates became the top investor in Morocco in 2024, holding 18.9% of net foreign direct investment inflows, with UAE investment flows rising 57.8% to 3.1 billion dirhams.
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The General Authority for Statistics signed a Memorandum of Understanding with Oman's National Center for Statistics and Information to enhance cooperation and develop statistical work, attended by officials from both sides and the Saudi Ambassador to Oman.
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A recent report shows that implementing white land fees in Riyadh will increase the supply of large lands and reduce prices of undeveloped lands by up to 10%, with a notable rise in real estate transactions and development partnerships over the coming years.
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Mohammed bin Rashid approved housing allocations for 2,971 citizens worth over two billion dirhams, with 1,099 beneficiaries during the third quarter of this year, as part of the UAE's efforts to develop its housing system.
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The Riyad Bank Purchasing Managers' Index reported slight growth in Saudi Arabia's non-oil private sector in August, with increased new orders and improved demand and employment conditions.
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Middle East Airlines was affected by a global crisis involving Pratt & Whitney engines on Airbus A320neo planes, causing 3 planes in its fleet to be grounded. The company leased 3 planes to cover flights and offered additional miles to affected business class passengers.
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Tariffs imposed by Trump during his second term face a critical legal challenge that could force the US to return over $200 billion to American companies if he loses the case.
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Egypt's non-oil private sector contracted for the sixth consecutive month in August due to weak demand, while easing cost pressures offered some relief to businesses, according to Standard & Poor's Global.
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