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Food and beverage prices increased by 1.1 percent, driven by a 6.5 percent rise in vegetable prices
Reserves increased on a monthly basis by 3.5 percent from AED19.615 billion in March 2024
Small business relief rules require small businesses to register under corporate tax and use simpler tax filing procedures
The Small Claims Tribunal (SCT) also saw strong operational capacity, with 265 claims filed, totaling AED27.2 million
The total value of the emirate’s economy (oil and non-oil sectors) reached AED286 billion during this period
SASC aims to devise a comprehensive strategy for the operation and use of smart and autonomous systems
Egypt accounted for 18.6 percent of Africa's total investments, which amounted to $52.6 billion in 2023
Kuwait maintained crude oil production at 2.55 million barrels per day in line with its OPEC+ production cut obligations
Entities within the centre will implement arrangements to support effective whistleblowing by May 31, 2025
The outlook on the Issuer Default Rating is stable, the report noted
The dialogue seeks to boost bilateral trade and economic diversification initiatives
This downward trend extends from a record high of 38 percent reached in September 2023
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
The remittances in May 2023 amounted to around $1.6 billion, as reported by CBE
Riyadh topped the regions in Saudi Arabia for issuing e-commerce records, with 16,535 commercial records
The new process eliminates the previous requirement of two documents
Egypt's new government aims to increase exports by more than 15 percent annually and attract 30 million tourists by 2028
If a natural person's turnover does not exceed AED1 million, they are not required to register for corporate tax
This growth was driven by a surge in non-oil activities, which recorded a value of OMR7.18 billion
The amount shrank by 0.3 percent compared to the previous month
Global price pressures remained high as cost pressures in the manufacturing sector countered the decline in the service sectors
The beach will cover an area of 330 hectares
Abu Dhabi's industrial sector soared 21.7 percent since 2022 from AED83 billion to AED101 billion in 2023
E-commerce saw a 17.47 percent yearly increase, reaching 40,697 registrations
