Saudi Arabia’s private firms employed 11.1 million in February, up 0.9% from the previous month, according to newly released figures.
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Titled ‘Digitalization as an Enabler for the Private Sector’, the initiative was launched by Egypt’s Ministry of International Cooperation. Its aim is supporting the technological progress via private investment.
Last Friday (25) saw the entry into force of a law designed to ensure equal private sector wages for men and women in the United Arab Emirates.
Country will pay 60% of wages of private sector for three months. Plan aims at mitigating COVID-19 effects.
Brazilian Agricultural Research Corporation president Celso Moretti visited the Arab country and discussed partnerships in several fronts, including Africa. The institution could open an office in Abu Dhabi. “We’ve identified four big pillars of cooperation,” he told ANBA.
Brazil’s Ministry of Environment joined the Brazilian pavilion at energy industry show Wetex. Concessions for six parks are expected to be awarded by the end of next year.
The secretary-general of the Council of Arab Chambers believes companies in Brazil and Saudi Arabia must work in closer connection as their governments build tighter relations.
Emirates NBD survey shows that private activity increased in both countries in May. In Egypt, however, it weakened in the same month.