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The problem has been identified, and a fix has been issued. But why isn't everything back on track yet?
The country's total revenue in fiscal year 2023-2024 was KWD23.645 billion
DMCC has become home to 15 percent of the estimated 6,000 Chinese businesses and companies in the UAE
The two countries enjoy thriving bilateral trade, with $4 billion in volume in 2023
Dubai’s economic growth in the first quarter of the year mirrors the success story of 2023
Chamber's members saw a significant 6.7 percent annual increase in the value of exports and re-exports to AED145.9 billion
Price rises in the food & beverages sub-component eased to a still-elevated 5.6 percent down from 6.1 percent in May
The new deal builds on growing UAE-Mauritius economic relations, which from January to April 2024 saw non-oil trade reach $76 million
The Central Bank wants more evidence that inflation is still on track to reach the 2 percent target by the end of 2024
The bank noted that "the current monetary stance is appropriate to support the sustained moderation of inflation."
The MoU outlines a pledge for mutual cooperation on investment promotion exchanges and support
Jewellery demand is anticipated to primarily revolve around the festival season beginning from August
The launch of this comprehensive guide is part of the centre's efforts to provide practical support to family businesses
Non-oil trade between the UAE and Indonesia rose from $2.7 billion in 2014 to $4.4 billion in 2023
For the Middle East and Central Asia, oil production and regional conflicts continue to weigh on prospects
Crude petroleum activities declined by 3.3 percent, recording OMR2.55 billion
The workshop covered key taxes for UAE businesses, including Excise Tax and VAT, and the processes for tax returns
Fee revisions will be applicable from January 1, 2025
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
