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
The company proposed a dividend amount of Dhs425m for the second half of 2022
The office will promote trade from Hong Kong to Dubai and attract more businesses to the emirate
The new mechanism does not amend the annual targets, which require companies with 50 employees or more to achieve a 2 per cent increase in Emiratisation by end of the year
The chamber has focused on six strategic objectives, in its 2023-2025 strategy
The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh
The kingdom’s real GDP grew by 5.4 per cent during the fourth quarter of 2022
The chamber’s plans include attracting 300 digital startups and 100 tech experts to Dubai by 2024
Cardholders who wish to enter the country must have a passport validity of at least three months upon arrival
An employee’s total working hours should not cross 144 every three weeks
The destination will feature an e-karting and a 10-lane futuristic bowling experience, a 12-hole indoor adventure golf course, and a 10-screen cinema
The two sides reviewed several regional and global issues of mutual concern and exchanged views
The chamber plans to increase the number of sector-specific business support groups to 100 by March 2023