The decision was made to “decrease the burden of living costs on citizens and residents”
Dubai’s US-dollar denominated debt listings are now valued at $98.5bn
The average Saudi life expectancy is 75 years, and the official retirement age is about 60 for men and women
Employment rose for the first time since January and at the quickest pace in more than two years
Sheikh Abdullah and Yair Lapid signed an agreement for economic and commercial cooperation between the two countries
The UAE will also host a new Investopia Investment Summit in March 2022
A person will need to show their vaccination status on the My Identity or Immunity mobile application
The UAE is seeking to grow its national exports by 50 per cent over the coming years
SMEs across the country have identified easier access to funding, acceptance of digital payments and training and upskilling staff as the top three drivers for growth
At the forefront of Vision 2030, SMEs are diversifying the economy as the kingdom competes in a global arena
The board will work to create a comprehensive unified strategy for Dubai Chambers
The first board meeting is obviously when the learning curve is steepest
There are increasing hopes that the reopening of economies will generate a powerful consumer-led recovery
Countries will not be clustered by their geography, but under Expo 2020’s three subthemes of Opportunity, Mobility and Sustainability
The $134bn pension fund recorded 20.9 per cent growth in assets in the year ended March 31
Starting September 2021, the Investment Residency Programme will offer renewable five and ten-year visas subject to applicants meeting specific criteria
In 2020, the apparel and footwear category had the highest share of 33 per cent ($1.3bn) in the UAE retail e-commerce market
The 10-year note, under the Euro Medium Term Note Programme, reached maturity on June 22, 2021
Gross domestic product is seen rising 2.4 per cent this year
The total value of all sukuk listed by the Indonesian government on the exchange now stands at $19.75bn
In the first quarter, Saudi Arabia’s non-oil economy grew at its fastest pace since 2019
The new coalition will govern with the slimmest majorities – commanding 61 of parliament’s 120 seats
Here’s how the platform can help champion innovation and reduce the failure rate among startups within the region
China remained Dubai’s largest trading partner in Q1 2021, with Dhs44bn worth of trade
This was the second USD transaction issued under EDB’s $3bn Euro Medium Term Note programme
Emirates NBD the largest financial services bond issuer on Nasdaq Dubai through seven listings with a total value of $5.1bn
The kingdom’s Purchasing Managers’ Index survey compiled by IHS Markit rose to the highest since January
The exchange’s market capitalisation increased 27 per cent during the first quarter of 2021 to Dhs940bn
In a historic first, an Arab faction is to become part of an Israeli governing alliance
CBD can offer up to Dhs10m financing to an SME, and 50 per cent of the facility amount will be either guaranteed or co-lent by EDB