The project will include four landmarks – an opera House, museum, sports stadium and oceanarium, as well as 17,000 residential units
Prudential relief measures regarding banks’ capital buffers and liquidity and stable funding requirements will be extended by six months
The new alert level will be in place from Sunday, December 19, 2021, until Monday, January 31, 2022
Up to 74 per cent of the respondents also confirmed that they intend to pay out bonuses in 2022, with 46 per cent looking at offering one- two months’ gross salary
Under the new law, employees in both sectors will get similar leaves and end-of-service benefits
The UAE’s economy has received a strong boost from Expo 2020 Dubai and is on its way back to growth, states Danube Group founder and chairman Rizwan Sajan
Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares
Officials expect the economy to expand 2.9 per cent this year and grow by a further 7.4 per cent in 2022
The trip marks the first official visit by an Israeli PM after the two countries established diplomatic ties last year
She will replace Faisal Al Ayyar, who will retire as the CEO after more than 30 years with the company
The UAE on Tuesday announced a new four-and-a-half-day working week for federal government entities
On the sidelines of the visit, Saudi Arabia and Oman signed 13 memoranda of understanding across different sectors
The figure marks a 69 per cent increase over the same period in 2020 when 32,626 licenses were issued
It has partnered with the UAE’s Ministry of Climate Change and Environment for the initiative
Under the new service, investors can complete the process of authenticating the agency and attesting the establishment contract in three steps
There are currently eight Salik toll gates in the city, with three million vehicles registered in the system
The two entities will introduce products and services including exchange-traded funds, smart order routing and cross-border direct trading
Gross domestic product expanded by 6.8 per cent compared to the same quarter of 2020
The strategy seeks to increase the contribution of tourism to Bahrain’s GDP to reach 11.4 per cent in 2026
Obligatory registration of information will no longer be required for non-vaccinated individuals when entering a facility, with waiting areas to be re-opened
The licenses were issued at the 5th edition of the Future Investment Initiative
Worshippers in mosques can also now pray in “stacked rows” without distancing
The bank reported a nine-month total income of Dhs17.3bn as compared to Dhs18.3bn in the previous year
The kingdom sold $4bn in US government debt, the most in over a year
The fund raised its economic growth projection for MENA to 4.1 per cent this year from an earlier estimate of 4 per cent
The UAE has been ranked among the top five places worldwide for expats in HSBC’s annual survey
Tunisia is battling long-running economic troubles and has been mired in fresh political upheaval since late-July
The value of non-oil exports alone amounted to Dhs170bn during this period
It includes a budget of Dhs58.931bn for 2022, of which 41.2 per cent will be allocated for the development and social benefits sector
Nearly half of the young Arabs said they wanted to live in the UAE