The UAE this year became the first Middle Eastern nation to host the World Expo event
The licenses were issued at the 5th edition of the Future Investment Initiative
Worshippers in mosques can also now pray in “stacked rows” without distancing
The bank reported a nine-month total income of Dhs17.3bn as compared to Dhs18.3bn in the previous year
The kingdom sold $4bn in US government debt, the most in over a year
The fund raised its economic growth projection for MENA to 4.1 per cent this year from an earlier estimate of 4 per cent
More than 150 new companies joined in5 since 2020, bringing the total number of startups supported by the incubator to 500
The claims are reportedly related to a dispute over how to calculate value-added tax
Tunisia is battling long-running economic troubles and has been mired in fresh political upheaval since late-July
The value of non-oil exports alone amounted to Dhs170bn during this period
At the outset Saudi Arabia plans to build four or five zones
It includes a budget of Dhs58.931bn for 2022, of which 41.2 per cent will be allocated for the development and social benefits sector
Nearly half of the young Arabs said they wanted to live in the UAE
The strategy will contribute to the growth and diversification of the kingdom’s economy
Spot gold steadied at $1,755.18 an ounce at 9.40am in Singapore, after retreating 0.2 per cent on Monday
The regulations address the needs of family-run entities
A Purchasing Managers’ Index compiled by IHS Markit rose to 58.6 in September
The UAE has seen a steady decline in the number of Covid-19 cases in recent weeks
H1 trade in the freezone grew 34 per cent over the corresponding period last year to reach Dhs77bn
The Shura Council comprises a total of 45 members
The initiative follows years of political tensions that have stymied efforts to diversify the country’s economy and promote foreign investment
These new contracts are worth a combined $1bn
The transaction is in line with Public Investment Fund’s Strategy 2021-2025, which focuses on building strategic economic partnerships
China remained Dubai’s biggest trading partner with Dhs86.7bn worth of trade, up 30.7 per cent over H1 2020
The loan deferral component of the Targeted Economic Support Scheme will expire by the end of 2021
Businesses in Dubai’s travel and tourism industry in August saw the sharpest increases in activity and new work in over two years
With a young leadership at the helm, the GCC’s largest economy has embarked on a journey of growth, diversification and alliances
The Supreme Committee has also warned that authorities will shut down any establishments found in breach of the precautionary measures
The total cost of the five stimulus packages announced by the emirate’s government since the start of the pandemic amounted to Dhs7.1bn, or 1.6 per cent of Dubai’s GDP
The Public Authority for Manpower urged for restricting work permit issuance for one year to ‘utilise skilled labour already in the country’