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Petrol prices have reduced for the first time in June after rising month-on-month since February
The non-oil GDP stood at $340.3 billion, up 6.2 percent compared to 2022
The UAE has signed 146 double taxation avoidance agreements to date
Oil production remains crucial in shaping the GCC region's fiscal and external balances
Xport Xponential offers beneficiaries comprehensive credit facilities, innovative financial solutions
Bahrain tops region with real-time payments making up nearly 50 percent of the total payment volume
Oman's e-commerce market is expected to grow to $3.327 billion by 2027
Over two-thirds of chief economists predict a sustained rebound of global economic growth
National ICV Program witnessed remarkable growth, redirecting AED67 billion into the national economy in 2023
The forum was held on Day 2 the Arab Media Summit 2024
DMCC has intensified its outreach to South Korea, hosting three roadshows in different cities
EDB’s targeted financing includes AED1 billion allocated for co-lending with commercial banks
Land occupancy at Dubai Industrial City grew by 12 percent to reach 97 percent in Q1 this year
Global demand for green methanol is expected to increase to four million tonnes per year in the next five years
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
The program aims to create opportunities for local and global technology developers and startups
There will be investments worth AED20 billion in new industrial projects, Dr Al Jaber says
Oman's North Al Sharqiyah Governorate recorded the largest increase of 1.4 percent
The rating reflects the government's significant progress in implementing a broad-based reform agenda since 2016
The report forecasts an upgrade for Bahrain if the government substantially lowers net debt-to-GDP via improved budgets
The previous two editions generated AED121 billion ($33 billion) worth of local procurement opportunities
The CBE's overnight deposit rate, overnight lending rate, and main operation rate will remain unchanged
In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan
The largest share of spending (15 percent) was on beverages and food, amounted to $471.94 million
