Saturday 21 September 2024
 
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Sico Q3 net soars 62pc to $1.4m but 9M net drops 23pc

Sico, licensed as a conventional wholesale bank by the Central Bank of Bahrain, has seen its third-quarter (Q3) net profit attributable to shareholders soar 62% year-on-year, to record BD545,000 ($1.4 million). Increased Q3 profitability was u

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Dubai developers get 6o days to pay DLD registration fees

Dubai Land Department (DLD) has called upon all real estate developers in the emirate to pay their property registration services fees within 60 days, stressing that the property registration process is carried out by the real estate developer

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No fee increase in Dubai private schools in 2021-22

The Knowledge and Human Development Authority (KHDA) has announced that private schools in Dubai will not be increasing tuition fees for the 2021-22 academic year.    This is the second consecutive year that

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RAK waives fees for firms in events sector

Ras Al Khaimah Department of Economic Development (RAK DED) has announced that exhibition organisers, wedding halls and event venues will be exempt from 100% of their licensing fees, violation charges and late payment penalties for 202

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Licence fee waiver for SMEs in Oman

Oman's Authority for Small and Medium Enterprises Development (Riyada) has issued details on incentives offered to owners of small and medium enterprises (SMEs) with a view to waiving of SME licence fees.   T

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UK tuition cost is the highest

Data calculated by Learnbonds.com shows that the United Kingdom has the highest tuition fees among the top ten world’s most influential countries at $13,900 per year.     Among the top cou

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Oman to implement new tourism tax for restaurants

Restaurants and cafés in Oman that are managed through franchise contracts and located in designated tourist areas must now pay a fee to the ministry, a report said. The fee will be calculated on the basis of the amount spe

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Saudi fee waiver 'to stimulate manufacturing sector'

The Saudi government's decision to bear the cost of fees for expatriate workers on behalf of industrial institutions is set to benefit over 700,000 expats working in the manufacturing and mining sectors, said experts. Accordin

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Bahrain Hajj operators concerned over 'pilgrimage fee hike'

Hajj operators in Bahrain have raised concerns over the unexpected hike in fees for pilgrimage services issued by the authorities in Saudi Arabia, which will impact the overall travel cost and could result in financial losses, said a report.

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Saudi Arabia allocates $3.1bn aid to private firms

Saudi Arabia has approved an allocation of SR11.5 billion ($3.07 billion) to support enterprises committed to indigenisation.    The allocation is aimed at reimbursing firms the fees for expatriate work perm

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