JEDDAH: A Dubai-based firm specializing in company formations is planning to expand to Saudi Arabia in the coming weeks. It believes that, given the opportunities in the Kingdom, its Saudi office will eventually outperform its existing operations in the UAE and Qatar.
Pro Partner Group was established in 2014 and has offices in Abu Dhabi, Dubai, Oman and Qatar. The company helps new entrants into the market to manage the legal requirements, arrange employment visas and other paperwork.
The company aims to take advantage of the Riyadh Strategy 2030 announced by Crown Prince Mohammed bin Salman in January and is expanding its operations into Saudi Arabia within the next six weeks. Under the ambitious plan, the government wants to attract up to 500 international companies to set up their regional bases in the city, creating around 35,000 new jobs for Saudi locals and doubling the capital’s population. The strategy aims to invest up to SR70 billion ($18.67 billion) in the national e
The US Energy Information Administration (EIA) revised up its forecast for global crude oil prices for 2021, which was announced late Tuesday in its June Short-Term Energy Outlook (STEO), according to Anadolu Agency
WASHINGTON: The United States on Wednesday urged Israelis and Palestinians to avoid provocations and preserve a ceasefire after Israel approved a controversial nationalist march in Jerusalem. We believe it s essential to refrain from steps that exacerbate tensions, State Department spokesman Ned Price said when asked about the march.
He said the United States was engaged in diplomacy and wanted to do everything we can to try to prevent escalations or provocations that might provide a spark to renew violence.
Asked if the United States was opposed to the march, Price declined to respond directly but said: We all saw what precipitated the last flare-up of violence and we know just how delicate the situation is.
TC Energy abandons plans for Keystone XL Pipeline
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and last updated 2021-06-09 18:07:49-04
The plan to build the Keystone XL pipeline has been terminated. Developer TC Energy Corporation confirmed Wednesday that after a comprehensive review of its options, the pipeline project is history.
Keystone XL would have carried oil through pipelines from Canada to Nebraska, including a large section of eastern Montana.
The proposed pipeline would have gone through 27 counties, including six in Montana. The total estimated property tax that would have been generated from the pipelineâs first full year in operation was approximately $55.6 million spread across the 27 counties.