The latest IMF World Economic Outlook update found that recession concerns have gained prominence, while worries about stubbornly high inflation persist
The authority applies the latest and most important global standards in innovation and creativity strategy
The programme’s goals will be supported by an international network of fellows known for their achievements in government, technology and future sectors
The tax relief seeks to support startups and other small businesses by reducing their corporate tax burden and compliance costs
The kingdom has one of the highest reserve coverage ratios among Fitch-rated sovereigns at 18 months of current external payments
The Unemployment Insurance Scheme covers employees in the federal government and the private sectors
The new licence is part of an economic recovery plan launched by the Gulf state in October 2021 to boost investment and job creation
The GCC countries were high in the emerging markets ranking with Qatar ranking fourth and Saudi Arabia ranking sixth globally
The pre-event phase contributed around one-quarter of gross value and the legacy phase will add 62 per cent
The country’s non-oil sector grew by 6.2 per cent in 2022, the highest growth rate recorded over the past ten years
Additionally, the UAE cabinet meeting reviewed more than 19 initiatives to attract talent to the country
The CEPA programme was launched in September 2021 to expand UAE’s trade and investment partnership with several strategic global markets
In 2023, inflation is projected to decelerate to 3.2 per cent, on the back of softer price increases in all categories
Fitch Ratings, one of the big three rating agencies, assigns Saudi Arabia the same score as S&P Global while Moody’s has it one level higher
The two countries agreed to enhance joint efforts to implement the MoU that was signed recently
The strategy aligns with the fund’s aim to support the private sector in increasing its contribution to GDP by up to 65 per cent by 2030
The country’s GDP crossed the $1tn mark for the first time in 2022 as higher oil prices boosted government revenues
The new identity incorporates an abstracted Arabic letter and the English S to symbolise a beacon for investment and transformation
How women are treated at work depends on the tone set by the executive office
Spot gold was little changed at $1,845.34 an ounce as of 8:52 a.m. in Singapore, after falling 0.5 per cent on Monday
The first mining agreement is Oman’s first with a foreign investor
The platform features a comprehensive set of specialised services to enhance communication between the chamber and private sector
A total of 34 deals, worth $5.02bn, have been announced thus far
A total of 12 deals were signed with local and international companies on the second day of the exhibitions
… 347,600, with 56,000 new members joining the chamber last year
A total of 11 deals with signed, of which six contracts were awarded to local companies
The new government excellence model aligns with recent developments in government work mechanisms, including the ‘Services 360’ policy and the Dubai Future Readiness Index
Investors today are increasingly scrupulous in their due diligence and less prepared to take bets on companies they find difficult to understand
The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues
Non-oil sectors contributed 50.3 per cent to the GDP, with an increase of Dhs39bn compared to the same period in 2021 to reach Dhs417.3bn in total by the end of Q3 2022