#companies

Saudi Arabia e-visas now available to residents of 63 countries photo-courtesy-WAM

New business registrations surged in Saudi Arabia in 2023

In its latest bulletin, Saudi Arabia’s Ministry of Commerce announced a 23 per cent rise in company registrations for the final quarter of 2023

Shareek programme to suppport Saudi Arabia's private sector

Aramco, ACWA Power, SABIC to receive support from Saudi’s Shareek programme

The first wave of supported projects, which will have strategic impact on several economic sectors, will benefit from investments worth SAR192.4bn

Deals worth $1.579bn signed on day three of IDEX and NAVDEX 2023

Deals worth $1.579bn signed on day three of IDEX and NAVDEX 2023

A total of 34 deals, worth $5.02bn, have been announced thus far

Saudi Arabia launches supply chain initiative to beckon $10.6bn of investments

The initiative will contribute to overcoming challenges faced by global supply chains

Dubai’s DIFC records 11% increase in new company registrations in H1 2022

A total of 537 new companies joined the centre in the first half of the year

Dubai Chambers

Dubai Chambers welcomes over 1,600 new African companies since October 2021

Dubai International Chamber operates four representative offices in Kenya, Ethiopia, Mozambique and Ghana

Dubai Chambers

Dubai Chambers, Citi sign MoU to boost business competitiveness

Both entities will collaborate on events and initiatives that support common goals and attract companies to the UAE

Solar Plant

UAE invites companies to bid for 40% stake in 1.5 GW solar plant

Abu Dhabi already has two solar parks that will have a capacity of 3.2 GW when fully operational

Oman

Oman to allow full foreign ownership in listed companies

Muscat Clearing and Depository finalised measures to open up the market

Green cold war or climate anarchy? Together we can decide

Climate change is going to reshape the world

The UAE is set to levy corporate tax: Here’s what analysts say

The country plans to introduce a 9 per cent federal tax on corporate earnings for the first time next year

HSBC reclaims bond crown in Mideast

Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year

Five-year visas announced for employees of global companies based in Dubai

The directive was announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on Tuesday

Revealed: Gulf Business Awards 2021 judges

With the 2021 edition of the Gulf Business Awards set to be held later this month, we introduce you to our esteemed judging panel for this year

Dubai Chamber welcomes 16,000 new companies during Jan-Aug 2021

The chamber’s total membership count has scaled past 275,000

UAE’s midday work ban ends on September 15

The ban prohibits outdoor labour work between 12.30pm and 3pm

Dubai Financial Market

Dubai Financial Market plans to introduce new equity futures contracts

New contracts will include stocks of Dubai Investments, DFM Company and Shuaa Capital

Dubai’s DIFC records 59% increase in new company registrations in H1 2021

A total of 492 new companies joined the financial centre in the first half of the year

UAE’s NMC Healthcare group companies to secure release from administration

A total of 34 NMC group companies will exit administration and transfer to a new NMC group

The hybrid work revolution is already transforming economies

Hybrid working also has the potential to encourage a more diverse range of people into the workforce

Dubai’s DAFZA records 8.3% increase in sales revenues for H1 2021

DAFZA also posted an 88.4 per cent rise in the number of registered companies in the first half of the year

How board compliance need not be so painful

The costs associated with compliance are definitely much lower than that of the risks that might emerge in the absence of it

UAE-Japan

UAE, Japan to launch business council

Japan is ranked tenth globally among the list of countries investing in the UAE

How Dubai Commercity is spurring the e-commerce ecosystem

Dubai CommerCity can create an e-commerce solution based on the varying needs of each one of its clients, says its COO, deVere Forster

Sheikh Mohammed launches Dhs30bn strategic programme to stimulate vital sectors

The programme will contribute to financing more than 13,500 SMEs and creating 25,000 jobs

Outlook for the year 2021 is ‘positive’, despite Covid-19 fallout, says Al Habtoor chairman

The real estate sector in Dubai recorded a strong sales growth of 17 per cent in January 2021

Dubai’s DIFC Investments full-year profit declines 74%

Full-year profit net income fell to $31m

Boardroom connection: How aspiring directors can establish the initial contact

Here are some tested and proven tips for board aspirants

Why company structure affects customer service

Rethinking the ownership model might pave the way for improved customer service