Job creation remains subdued and pricing power is limited, finds monthly Emirates NBD survey
Prince Mohammed first described his reform plans to the public almost exactly a year ago
Saudi restored financial allowances for civil servants and military personnel on Saturday
The licences are expected to be awarded to companies in technology, pharmaceutical and other sectors
The new authority will oversee Ras Al Khaimah Free Trade Zone and RAK Investment Authority
Many of the projects are relics of a decade-long boom of high oil prices and lavish state spending
The growth was driven by an expansion in output and new orders
Business activity was led by new projects, a further general improvement in economic conditions and market demand
Saudi Arabia, UAE, Kuwait and Bahrain raise rates in a bid to protect their currencies
The growth will be aided by the UAE’s increasing attractiveness as an investment destination
The UAE is anticipated to see new hires in areas including consultancy, advisory, legal, strategy and tax this year
The king is expected to visit Malaysia, Indonesia, Japan and China
The company will enable new businesses in the region to access capital
The cities were ranked on business activity, human capital, information exchange, cultural exchange, and political engagement
Rising output and new orders led to an improvement in business conditions
Qatar’s economy is expected to grow 3.4 or 3.5 per cent this year
The initiative will focus on the tourism, health, and education sectors
The kingdom’s non-oil firms noted sharp increases in output and new business
Costa Rica has announced the launch of a new embassy in Dubai
A Dhs114m contract for develop infrastructure for the system has been approved
Both countries are significant producers of oil and gas
Oman businesses are far more optimistic than their global counterparts
Up to 45 per cent of surveyed firms in Saudi expect headcount reductions in 2017
The forecast assumes an average oil price during the year of $45 a barrel
Those SMEs interested in joining the system will have to pay Dhs5,000 and register online
The increase in oil prices is expected to help the country narrow its budget deficit this year
The IMF slashed its prediction for Saudi’s economic growth in 2017 to 0.4 per cent
Round-the-clock entertainment could open the door to “atheistic or rotten” foreign films and encourage the mixing of the sexes
The number of licences renewed in 2016 stood at 107,043
The monthly Emirates NBD survey indicated a rise in business activity on the back of new export orders