The new Governance Policy for Government Construction Projects introduces a tiered system for project evaluation and financial planning
The goal of the law is to align with evolving HR practices and enhance the overall work environment, ultimately benefiting society
Sheikh Mohammed praised the work of The Executive Office in setting a benchmark for leadership and innovation over the past quarter century
Since 2015, annual FDI inflows into the UAE have grown from Dhs31.6bn ($8.6bn) to Dhs167.6bn, representing a compound annual growth rate of 10.5 per cent
Google said 30,000 jobs were created by the Google Play and Android app ecosystem in the UAE
Spot gold was up 0.1 per cent at $3,371.15 an ounce, as of 0526 GMT. US gold futures fell 0.6 per cent to $3,388.60
Oil revenues remain the largest component of government income in the region, making fiscal positions highly sensitive to global oil price fluctuations
The UAE has reported consistent record-breaking non-oil trade performance for several years, underpinning its efforts to position itself as a global hub
Non-oil sectors accounted for 75.5 per cent of the UAE’s GDP by the end of 2024—an outcome the minister attributes to strong leadership
The report warns that sluggish growth will hinder developing economies in their efforts to create jobs, reduce extreme poverty, and close per capita income gaps with advanced economies
Binance, which holds 21 regulatory licenses worldwide, will enable Syrian users to access a full suite of crypto services
The dollar index rose 0.3 per cent against its rivals, making gold more expensive for other currency holders
The growth was primarily driven by a 4.9 per cent increase in non-oil activities and a 3.2 per cent rise in government activities
Nasdaq Dubai welcomed Mashreq’s (“Mashreq” or “the Bank”) debut listing on the exchange with the…
The survey signals that the UAE economy is performing well, but the softer increases in output and new orders hint at momentum easing
The head of Macroeconomic Analysis at EFG Hermes shares an opportunity-driven view of how the Middle East is responding to inflation, diversification, and capital markets development
The International Monetary Fund and economists estimate Riyadh needs oil prices of over $90 a barrel to balance its budget
These companies are also expected to achieve a growth of at least 1 per cent in the number of UAE citizens employed in skilled jobs
Trump said he aims to meet Russian President Vladimir Putin “as soon as we can set it up”.
Among the agreements was a memorandum of understanding for energy cooperation between Saudi Arabia’s Ministry of Energy and the US Department of Energy
The steps are part of a broader ministerial initiative to bring order to market dynamics and prevent price manipulation or supply disruptions
Oman’s investment sector has recently undergone several reforms, allowing foreign investors to own 100 per cent of their businesses
Trump’s second-term “America First” agenda has alienated friends and emboldened adversaries
As of the end of 2024, 85 per cent of the 1,502 active initiatives under Vision 2030 are either completed or on track, with 674 completed and 596 progressing as planned
The tightening of global financial conditions is putting downside pressure on economic activity, said IMF’s Tobias Adrian
The hike comes after the White House kept the pressure on the world’s No.2 economy by singling it out for an additional tariff increase
Challenge for governments that rely on high oil prices
Google had cut employees in its cloud division, adding that the round of cuts impacted only a few teams
The talks will focus on trade in goods, services, investment and deepening cooperation in strategic sectors
US and China are stuck in an unprecedented, and expensive, game of chicken, and it seems that both sides are unwilling to back down