The trade pact will encompass the five members of the EAEU bloc, made up of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia
Ramy Jallad, the Group CEO of RAKEZ says Ras Al Khaimah offers businesses unmatched access to diverse and lucrative markets
The emirate unveiled a centralised business registry authority – the Abu Dhabi Registration Authority – that will be the single point for business registration
The 2025 budget estimates total expenditures of SAR1.3tn and total revenues of SAR1.2tn
The rating agency revised the country’s outlook to stable from positive, citing uncertainty regarding global economic conditions
With the financial gap to meet the SDGs continuing to grow, the report calls on institutional investors to rethink their strategies and seize the opportunity for transition investment in the MEASA region
By combining advanced digital tools, data analytics and automation, regtech streamlines processes, alerts against violations, creates reassurance, and can enhance operations
The trade pact would remove tariffs for 51 per cent of New Zealand’s exports to the region from day one
Spot premiums for Middle East crude fell last month as the Asia market was well supplied
McLoughlin’s impact on Dubai Duty Free spanned 41 years, where he steered its growth from modest beginnings to a business generating over $2bn.
The expenditure for fiscal year 2025 alone is estimated at Dhs86.26bn, with revenues projected at Dhs97.66bn
As Dubai and Abu Dhabi continue to lead in attracting global talent, their focus on innovation and sustainability positions them as vital players in an evolving economic landscape
Growth in the UAE is broad based and driven by solid domestic activity in sectors such as tourism, construction and financial services
The IMF’s latest report showed global public debt will reach 93 per cent of global gross domestic product by the end of 2024
The report, launched at GITEX Global 2024, found that Microsoft, its ecosystem and IT departments in customer companies will add 41,800 new skilled IT jobs into the UAE economy between 2024-28
The road to business growth and sustainability for women entrepreneurs is often fraught with obstacles, writes the author
Non-oil trade between the UAE and Malaysia reached $2.5bn in the first half of 2024, a 7 per cent increase compared to the same period in 2023
The deal builds on robust UAE-Jordan economic ties, with non-oil trade reaching over $4.2bn in 2023
This agreement is poised to deepen trade ties and investment opportunities, focusing on priority industries, creating jobs, and bolstering supply chains
Building on its legacy as the site of the 2020 World Expo and COP28, the development will be a catalyst for Dubai’s progress in various fields
The finance and insurance sector registered a record 13.4 per cent growth in Q2 2024, contributing 7.4 per cent to the GDP
The Gulf state expects to post a fiscal deficit of SAR118bn, wider than the SAR79bn projected in the 2024 budget statement last December
Ahmed Obaid Al Qaseer says Shurooq is harnessing Sharjah’s cultural heritage, while implementing initiatives that boost tourism and investment
The platform addresses common challenges in the M&A process, such as high costs and fragmented service models, streamlined, and cost-effective alternative
The UAE-US relationship, which spans more than five decades, is marked by robust economic ties, with bilateral trade reaching $31.4bn in 2023
The GCC’s non-energy sectors, including tourism, trade, and finance, are pivotal in driving this growth, with expectations of a 4.2 per cent expansion in 2024 and 4.4 per cent in 2025
The two countries agreed last year to cooperate on technology and climate change, including investments in the chip and battery sectors
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Chinese Premier Li Qiang met this week to discuss economic, political, and cultural cooperation between the nations
The city benefits from a thriving, diversified economy, fueled by strategic vision, structural reforms and prudent economic policies
Almost 15,000 companies closed down in the first seven months of the year, up 28 per cent from 2023