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In H1 2024, the Salalah Free Zone added 13 projects in frankincense, packaging, air conditioning, and textiles
The MPC noted that domestic real GDP growth had moderated to 2.2 percent in the first quarter of 2024
The number of residents employed in the private sector stood at 9,202,580, with 8,812,758 men and 389,822 women
The UAE is the top Arab investor in Egypt and the third largest globally
Changes introduced to streamline trade processes and support business operations
Real GDP grows 3.4 percent during the period, touching AED430 billion
Bank credit to the private sector rose by 3.4 percent to OMR26.3 billion
In 2023, tourism accounted for 11.7 percent of the UAE’s GDP, amounting to $59.9 billion
The two leaders will hold discussions on all aspects of their comprehensive strategic partnership
Currently, the metro serves around 730,000 passengers daily, making it the preferred transportation choice for many
Brent crude futures rose by 99 cents, or 1.39 percent, to $72.05 per barrel
Agreement enhances the ability of companies operating in Dubai to enter the Chinese market and build promising business partnerships in Tianjin
As many as seven CEOs have been appointed by the Crown Prince
The company aims to address utility demands amid population growth
In Q2, demand for trade credit remained strong, with a greater appetite for lending
The new route starts from June, 2 2025, from AED429
This change, effective September 4, aims to position the Kingdom as a global tourism leader
Nearly 40 percent of the reduction in the labor income share occurred during the pandemic years of 2020-2022
This initiative helps employees balance work and family, supporting vulnerable groups like working mothers and those with disabilities
In August, GCC equity markets saw strong net foreign inflows of $892 million
The report stated that high interest rates kept profit margins at 2.7 percent, with strong bank profitability in H1
The event will address economic challenges through collaborative investment strategies
Loutraki International is investing in Dubai’s real estate market through the Santorini Residences project
The central banks will share expertise and resources to address challenges and boost economic development
