The insurance refund requests were valued at Dhs3.2bn
In H1 2020, 4,536 women investors completed 5,112 investments worth Dhs6.6bn
An official within the government added that the “issue is fundamentally not for discussion”
The two-week lockdown will commence from July 25
Kuwait raised $8bn in March 2017 in its first sale of international bonds
The emirate’s food imports reached Dhs22bn, while exports were recorded at Dhs5.5bn and re-exports amounted to Dhs4.5bn
All member countries have started implementing the Debt Service Suspension Initiative that currently is set to only run through December
Saudi Arabia was the emirate’s top trading partner during the period, accounting for Dhs17.91bn worth of trade
The task force will explore the causes of late payments, raise awareness and encourage the adoption of best payments practices
The exchange in the capital of the United Arab Emirates is close to setting up a central clearing house
The capital raised by the sukuk will be used for general corporate and growth purposes including refinancing debt
As the world recovers from the aftermath of the Covid-19 pandemic, sustainable policies and investments will help build a better future for generations to come
It covers the payment of instalments and interests over the period from January 1 to December 31, 2020
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