The government’s total expenditures for the 2023 fiscal year are estimated at Dhs67.5bn
Non-oil foreign trade crossed Dhs583bn during the third quarter of the year
The agreements covered sectors like green energy, green hydrogen, photovoltaic energy, information technology, cloud services, transportation, logistics, medical industries, housing and construction factories
Revenues are now set to reach SAR1.13tn, slightly more than projected earlier
In 2021, non-oil trade between the UAE and Ukraine reached $904.4m, increasing 28.4 per cent over the previous year
Gold tends to have a negative correlation with the dollar and rates as it does not bear interest and is priced in the US currency
The formation of the council is aimed at developing joint projects and exchange expertise
Qatar’s tourism, hospitality, and real estate sectors show the most promise to drive growth
Byrne, who has nearly 30 years’ experience in the finance industry, joined QIA this month
The plan would create new channels of economic cooperation between business communities in Dubai and worldwide markets
Among the policies welcomed by the agency were expenditure cuts and a doubling of value-added taxes in January
Israel exported $188m in rough diamonds to the UAE in 2021, and that number is set to grow after the nations signed a free trade deal in June
Americana will be the first company to have its shares traded in both Riyadh and Abu Dhabi
Abu Dhabi’s non-oil GDP grew to Dhs273bn, contributing more than 50 per cent to the emirate’s real GDP
Anwar’s swearing in will be at 5pm local time
The fund expects the country’s non-hydrocarbon growth to be around 4 per cent in 2023
The OPEC member recorded the highest non-oil revenue in seven years, up 38.5 per cent to KD2.4bn
Domestically, real non-oil GDP growth expanded by 5.9 per cent, following six consecutive quarters of growth
Dubai witnessed FDI inflows of Dhs13.72bn in H1 2022, reflecting a growth of 14.6 per cent compared to the same period last year
The kingdom is looking to leverage an estimated $1.3tn worth of vastly underexplored metals and minerals to support its sustainable development goals and the clean energy transition
The agreements will support the efforts and objectives of the Ministry of Investment to attract investments, enable sectors to grow and facilitate access to investment opportunities
Spot gold was little changed at $1,674.62 an ounce as of 7.48am in Singapore
Social development and benefits represent the largest proportion of the country’s federal budget 2023 at 39.3 per cent
Since peaking in March, gold prices have tumbled 18 per cent as the Federal Reserve’s rate hikes caused mass liquidation by financial investors
The precious metal crossed the $1,700 mark this week
The premier has been assigned to nominate members of the new cabinet
The new board will have a mandate to help female entrepreneurs refine their skills, introduce them to laws and policies and help them leverage initiatives
The agreement aims to drive economic growth in the two countries
The directive comes as part of a cabinet reshuffle
Mohammad Ali bin Rashed Lootah will lead Dubai Chambers in overseeing the implementation of its initiatives and strategic plans