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
Employers polled say they’re prepared to offer flexible scheduling, with 60 per cent saying they would offer hybrid options to employees disinclined to return to in-person work
The aim of the MoU is to enhance technical collaboration and knowledge exchanges in standardisation to facilitate bilateral trade
For the 11th year running, UAE is the country most young Arabs want their own nation to emulate
The programme aims to transform 200 family business projects into major companies by 2030 with a market value exceeding Dhs150bn and annual revenue of Dhs18bn
A total of 29,299 licences were renewed during the first half of the year
Bullion had been hovering above $1,700 an ounce for most of September
Besides the UAE foreign minister’s latest visit, we take stock of the key developments and events since the signing of the historic accords
DMCC is home to 703 Chinese companies, constituting nearly 12 per cent of the total number across the UAE
Bullion ended 1.3 per cent lower on Tuesday after the consumer-price index figures were released
It’s the highest monthly production level the kingdom has reported to OPEC since April 2020
Deliberations about a potential listing are in the early stages and no final decisions have been made