Saudi Arabia was hit hard last year as a drop in crude prices decimated government revenue while measures to stop the spread of the coronavirus limited economic activity
Cinemas and entertainment centres as well as gyms and fitness centres are permitted to operate at 50 per cent of their total capacity
Four new judges have been sworn in at the Dubai International Financial Centre (DIFC) Courts
Covid-19 remains the top concern for UAE investors, followed by climate change
Health clubs, salons and barbershops have been closed for a month, while malls and shops need to stay shut from 8pm until 5am
The value of securities traded on the exchange increased 28 per cent to Dhs72.8bn in 2020 from Dhs56.8bn in 2019
To generate liquidity, the government began last year swapping its best assets for cash with the $600bn Future Generations Fund
It included Dhs4.42bn of imports, Dhs600m of exports, and Dhs380m of re-exports
The centralised portal offers services such as commercial licensing in which government permits and approvals can be obtained without the need to physically visit any service centre
Al Tameemi has over 30 years of experience in various entities including being a board member in the Central Bank
The company will operate international and domestic flights
Israel is looking into the potential of trailers and lorries carrying goods from the UAE reaching Israel in three days, and vice versa
The new measures are effective from February 2 until the end of the month
Utico is the UAE’s only private water and power company
Trade between Israel and Dubai is estimated to grow to Dhs15bn in the next few years and generate over 15,000 jobs
The extension from the scheduled date of March 31 is due to vaccine delivery delays, officials said
Global trade trend activity rises sharply as recovery builds momentum
Those arrested were allegedly involved in a scheme that transferred more than SAR11.5bn outside the country
The most significant increases will apply to top/senior level, middle level and technical and specialised roles
All federal bodies are to submit a weekly report on the status of their employees
The relations between Israel and the UAE will have omnipresent long-term benefits through their similarities
Budgeted capital expenditure is up 20 per cent on the current year’s estimate
PIF aims to grow its assets under management to over $1.07 trillion by the end of 2025
At launch, CoinMENA’s platform will be available to residents of Bahrain, the UAE, Saudi Arabia, Kuwait and Oman
Bahrain exports surge 12 per cent in Q4 of 2020 buoyed by manufacturing sector
There was a 60 per cent increase in the number of FDI projects between Q3 and Q4 in 2020
The structured note which matures in 12 months provides 95 per cent capital protection
The state-run Dubai Media Office issued a clarification on Tuesday, January 19
The step is part of efforts to bolster the tourism sector of the sultanate
The number of expats in the country’s workforce has now dropped to 1.5 million