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ADNOC is targeting the procurement of locally manufacturable products worth up to AED90 billion by 2030
The MPC has adjusted the overnight deposit rate to 24 percent and lending rate to 25 percent
ADNOC L&S has commissioned the construction of 31 vessels within the country, a move that has created over 300 jobs
Key areas of cooperation include economic modeling, support for SMEs, and joint project facilitation
The program offers financial support covering up to 40 percent of eligible local investment expenses over five years
Agreement lays the groundwork for knowledge exchange between key R&D institutions
Establishment aims to raise the total number of supported enterprises to 27,000, up from 19,000 at the end of 2024
Investors must adapt to policy uncertainty and consider alternative reserves for long-term stability
e&'s brand value surged 701 percent to $15.3 billion, ascending nine positions to become the second most valuable UAE brand
In 2024, the group allocated more than AED3.5 billion to local procurement
Decision to safeguard the employment status of whistleblowers who submit reports or provide testimony during investigations
Exemptions aim to ensure equal tax treatment between local and foreign entities owned by certain exempt entities
The Central Bank lowered one-year loan prime rate to 3.0 percent amid economic challenges
Event will witness the launch of the Emirates Growth Fund under Emirates Development Bank as an AED1 billion investment platform
Partnership will enable SVG to invest over AED120 million into developing a 100,000 m2 Agritech powerhouse in Al Ain
Almost 179 million carats of rough and polished diamonds were traded in the UAE in 2024 alone
The October event will feature 36 councils with experts from over 580 organizations worldwide
Housing prices increased by 5.9 percent, significantly impacting the overall inflation rate in the region
Trump secured over $2 trillion in investment agreements with key Middle Eastern partners during his visit
The bank noted that the U.S. eonomy showed resilience as recession fears subsided
GASTAT measures prices through a fixed basket of 490 goods and services paid by consumers
This abrupt shift has created what the IMF terms “epistemic uncertainty” – a fundamental unpredictability about the rules governing global trade
The office is helping build an economy that empowers communities, drives innovation and supports long-term prosperity
Boeing and GE Aerospace secured a $14.5 billion commitment from Etihad Airways
