Overall, local entrepreneurs received over Dhs630m worth of incentives and support from Dubai SME since its inception in 2002
The stimulus package aims to support small and medium enterprises and a number of strategic sectors
In light of the Covid-19 crisis, it would be prudent to consider businesses that are immune to recessions and/or economic crises
UAE citizens, GCC nationals and residents inside the country have a grace period of three months to renew their documents
Abu Dhabi is the 39th most expensive place for expatriates, according to New York-based consultant Mercer, more costly than Boston or Milan
The new route will provide direct metro connectivity to the Expo 2020 Dubai site
The International Monetary Fund is predicting a 6.8 per cent contraction for Saudi Arabia this year
The package is valued at Dhs200m and expected to benefit over 1,500 businesses
Waleed Al Mokarrab Al Muhairi replaces Mohamed Thani Al Rumaithi who recently tendered his resignation
DFM had announced the temporary closure of the premises on March 16 in the wake of the Covid-19 pandemic
The economy of the world’s biggest crude exporter is expected to contract 6.8 per cent overall this year
If approved, the law would require some 800,000 Indians to leave the country
The number of DED trader licences issued in June reached 577, an increase of 163 per cent compared to 219 in June 2019
Innoway, dubbed China’s Silicon Valley, has incubated over 3,400 startups and raised approximately Dhs4.7bn
Public and private sectors can resume work with a maximum of 30 per cent capacity
In the wake of the Covid-19 pandemic and plummeting oil prices, GCC governments must reconsider their approaches to build diversified economies
There is a total of $71.09bn sukuk now listed on the exchange
The project will see the addition of “tens of thousands” of hotel and residential units in Makkah in later phases
The stockpile climbed by about SAR3bn ($800m) to reach $445bn
The report cites Sharjah’s commitment to research and innovation, presence of strengths such as education technology and the creative economy, and access to talent as its primary assets
The combined bank would have total assets of about $210bn, making it the third largest in the region behind Qatar National Bank and First Abu Dhabi Bank
Regional governments are stepping up efforts to transition to sustainable building practices
The UAE announced on Wednesday that it had completed the National Sterilisation Programme
The programme will support and train 1,300 women entrepreneurs through a series of virtual training sessions
There are a total of 44,000 small and medium establishments in Oman
SMEs will be paired with large companies who will offer professional advice and resources tailored to its specific needs
This year, Oman trimmed its budget expenditure and announced liquidity support in an effort to provide some relief from the Covid-19 shock
China, Brazil and the UAE were the only three emerging economies that ranked on the index
Several economic and tourism activities in Sharjah are allowed to reopen at 50 per cent capacity on June 24
Foreign nationals possessing residency visas issued in Dubai can return to the emirate starting Monday, June 22