Middle East
Middle East | 7 Jun 16
Saudi Arabia details plan to transform economy by 2020
Saudi Arabia has formally unveiled its National Transformation Plan, which sets out how it will more than triple its non-oil revenue, cut state handouts and create more than 450,000 new jobs in the private sector, all by 2020.
Middle East | 6 Jun 16
Saudi Arabia set to approve economic transformation plan
Saudi Arabia’s National Transformation Plan, the major part of the “Vision 2030” reform agenda announced by deputy crown prince Mohammed bin Salman in April, is expected to be approved by the government on Monday, according to media reports.
Dubai announces grace period to meet health cover rule
The Dubai Health Authority has decided to delay imposing any penalties on individuals and their dependents if they fail to meet a 30 June deadline to sign up for mandatory health insurance cover.
Middle East | 2 Jun 16
Saudi Arabia invests $3.5bn in Uber
The Saudi Arabian Public Investment Fund (PIF), the kingdom’s long-term sovereign investment arm has invested $3.5bn (£2.4bn, €3.1bn) in the US-based online taxi service Uber, the Saudi press agency announced.
Middle East | 26 May 16
AES picks Xplan software to automate its business
AES International has decided to implement the advice and wealth management platform Xplan, developed by Australian technology company IRESS, to help remove time-consuming manual processes across its business.