Entities who withhold information or violate regulations will face fines of up to SAR50,000
Policy reforms and strong growth prospects led to the ratings change
The emirate’s gross domestic product is expected to grow 3 per cent this year
The new platform aims to “remove bureaucratic barriers associated with growing a business in Saudi Arabia”
The discounts will range from 50 to 75 per cent and be available at 600 outlets across the country
The planned sale is expected to raise around $2bn
New businesses launched in Dubai during Q1 reached 308, compared to 136 in Q1 2016
S&P lowered Oman’s sovereign rating by one notch to BB+ from BBB- with a negative outlook
Improving business conditions in the construction sector aided overall growth
The government slashed the allowances last September, but announced last month that it would restore them
Job creation remains subdued and pricing power is limited, finds monthly Emirates NBD survey
Prince Mohammed first described his reform plans to the public almost exactly a year ago
Saudi restored financial allowances for civil servants and military personnel on Saturday
The licences are expected to be awarded to companies in technology, pharmaceutical and other sectors
The new authority will oversee Ras Al Khaimah Free Trade Zone and RAK Investment Authority
Many of the projects are relics of a decade-long boom of high oil prices and lavish state spending
The growth was driven by an expansion in output and new orders
Business activity was led by new projects, a further general improvement in economic conditions and market demand
Saudi Arabia, UAE, Kuwait and Bahrain raise rates in a bid to protect their currencies
The growth will be aided by the UAE’s increasing attractiveness as an investment destination
The UAE is anticipated to see new hires in areas including consultancy, advisory, legal, strategy and tax this year
The king is expected to visit Malaysia, Indonesia, Japan and China
The company will enable new businesses in the region to access capital
The cities were ranked on business activity, human capital, information exchange, cultural exchange, and political engagement
Rising output and new orders led to an improvement in business conditions
Qatar’s economy is expected to grow 3.4 or 3.5 per cent this year
The initiative will focus on the tourism, health, and education sectors
The kingdom’s non-oil firms noted sharp increases in output and new business
Costa Rica has announced the launch of a new embassy in Dubai
A Dhs114m contract for develop infrastructure for the system has been approved