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
New projects worth over Dhs80bn are either ongoing or envisaged for completion over the next five years
The post-pandemic job market is going to be different, so one must adapt to the changes
No date or venue was given for the leaders’ meeting
China remained Dubai’s largest trading partner with Dhs66.4bn worth of trade
Essential food items, medical care, education and financial services will be exempt from the planned levy
The new equity futures platform is slated to launch on October 18
Police officers remain “on the highest alert” to deal with any violation on the ban on gatherings
Saudi Arabia published an overview of its spending for the next three years that envisages annual cuts to help contain its fiscal deficit
Its Purchasing Managers’ Index rose to 51.5 in September from 50.9 in August
Construction and glass industries account for the largest share of industrial licences in Abu Dhabi with 20.1 per cent
The three projects were selected from among over 150 projects participating in a special programme launched by District 2071
A central-bank digital currency would allow euro-area residents to place deposits with the ECB directly