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Among Saudi nationals, the labor force participation grew by 0.7 percentage points in Q3 2024, reaching 51.5 percent
CBK said that the issuance period is three months with a return rate of 4.125 percent
The sector has boosted sustainable growth, competitiveness, and contribution to the nation's GDP
Net FDI inflows declined 24 percent year-on-year from SAR21.1 billion during the third quarter of 2023
The contribution of non-oil sectors to the country's GDP reached 75 percent
A 25 percent increase in international arrivals compared to 2023
In 2024, the company reinvested AED55 billion into the UAE’s economy and created 5,500 jobs for UAE Nationals
Training sessions impart knowledge on simplifying complex data to create compelling narratives
The government allocated 39 percent of the budget for quality of life and 20 percent for economic development
Developing economies will be the most vulnerable to the challenges shaping the global economy in 2025
This certification caters specifically to tax professionals employed by Dubai government entities
H.H. assessed progress of 65 Hatta development initiatives, 41 of which have been completed
National non-oil exports, excluding re-exports, saw a rise of 5.1 percent
Over $20 billion in projects are underway in Riyadh
One of the most notable programs the UAE launched in 2024 is the Unified UAE Numbers project
Organizations with 50 or more employees must achieve a 2 percent increase in Emiratization of skilled roles by year-end
The committee will be entrusted with approving timelines and streamlining operations for enhanced efficiency
The new changes to the pricing policy are scheduled to take effect on January 2, 2025
The modifications introduce various administrative reliefs and clarifications for businesses that establish Tax Groups.
UAE non-oil trade with Croatia reaches $110.7 million in 2023
Pakistan ranked second on the list with 6,061 new companies joining the chamber in the first nine months of 2024
Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries
The budget empowers agencies to fund initiatives, provide housing for citizens, and upgrade tourism infrastructure
Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025
