The lifting of sanctions against Iran in January is yet to have the impact many had hoped for
Saudi aims to reduce electricity and water subsidies by SAR200bn by 2020
The kingdom has some $5bn-equivalent in debt maturing in 2017
The non-oil sector is expected to expand 2.5 per cent
Oman’s fiscal consolidation could take longer than expected, says rating agency
Dubai’s private sector economy registered an improvement in business conditions in October
The documentation will be used instead of drafting a new PPP law
The move will further empower women in the country, she said
The non-oil sector’s contribution to the UAE’s GDP now stands at 77 per cent
Expatriates now have to earn at least KD450 per month to sponsor their families
Expats registered as investors, academicians and doctors will be exempt from the ruling
Orders slowed in September due to weaker demand from external markets
The decree will impose hefty fines on companies that fail to pay their workers on time
A growing number of Muslim-centric businesses are helping to diversify the halal economy
One of the reasons for the declining visitor numbers is the absence of Iranian pilgrims
The monthly Emirates NBD business tracker found Dubai’s private sector growth on track in August
Under existing legislation, unpaid debt or a bounced cheque can land businessmen in jail
Saudi officials will also discuss energy cooperation agreements with the two countries
Help is also being provided for workers to switch companies in the kingdom
A multiple exit and re-entry visa costing SAR500 will only be valid for three months, compared to six months earlier.
Monthly Emirates NBD index says growth in the sector hit a 10-month high in July
Financing of the current five-year development plan is being shared by the public and private sectors
The workers are unable to afford meals after being laid off from their jobs
Violating companies can face fines of up to Dhs 50,000 and a ban on new work permits
The emirate ranked high on ease of doing business and political safety and security
The emirate saw the fastest rise in new work since March 2015, finds Emirates NBD index
The rate of hiring was among the weakest recorded by the monthly Emirates NBD survey
The kingdom’s non-oil GDP growth stood at from 3.4 per cent in 2015
The strategy will focus on six sub sectors such as aerospace, maritime and aluminum, among others