The office will provide advisory and consulting services in a common language
Some sectors may face a bigger impact than others, although it will not be significant, opines UAE-based entrepreneur Oweis Zahran
It will continue to invest in Japanese equities but only through its external managers
Changes in law allows small enterprises to fundraise via convertible notes and employee shares schemes
UAE President Sheikh Khalifa bin Zayed Al Nahyan approved the federal law decrees which have now come into effect
The kingdom hiked its value added tax (VAT) from 5 per cent to 15 per cent in July
Credit downgrades and double-digit deficits poses challenges for regional countries that are not diversifying their economies
The six-year bond with a 6 per cent interest rate was 2.1 times subscribed
Inspections found that 748 shops and commercial establishments fully complied with the precautionary measures
New reforms will come into effect in March 2021
Markets have been volatile during the final weeks of the campaign as investors fretted over the potential for a contested outcome
The package was approved by the Crown Prince of Sharjah, Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, on Tuesday
However, employment numbers dropped at the fastest rate since June
The International Monetary Fund sees Oman’s economy shrinking 10 per cent this year
The five-year sukuk was oversubscribed nearly three times
He was formerly appointed as CEO of Abu Dhabi National Energy (TAQA)
The new federal budget is 5.2 per cent lower than the 2020 figure of Dhs61.35bn
It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year
Oman REIT Fund is planning an initial public offering that could raise about $100m
The ministry is set to hold a press conference next week to outline reforms to increase the competitiveness of the Saudi labour market
The Nasdaq Dubai Growth Market will be operational by early 2021
The offer includes a free six-month trial period allowing businesses to test the Dubai market with no initial investment
According to the agreement, new and existing IFZA companies can work from the integrated free zone technology park
Responsibilities of the Securities and Commodities Authority will be limited to regulating and overseeing local financial markets
The overall value of economic support provided by the emirate in 2020 has risen to Dhs6.8bn
The law does not include the previously proposed quota system for expat nationalities
The UAE, US and Israel also established a $3bn Abraham Fund to help stimulate private sector-led investments across the region
The dual shock of lower Brent prices and the coronavirus pandemic this year has taken an especially heavy toll on the region
Violations were spotted in gyms located in Hor Al Anz, Al Qusais, Al Muhaisnah, and Al Murar areas
Event halls can accommodate a maximum of 200 people while the duration cannot exceed four hours