Economy
Inflation rates jumped to 24.4% at end December
Despite concerns about the macro-economic environment
Operations of foreign companies should not exceed SAR 1 million
Estimated to have grown nearly 8 percent in 2022
Fell 6.6% to about 26.5 pounds per dollar
with total economic targets of AED 32 trillion over the next 10 years
This year also witnessed a major shift in UAE work practices
Tesla lost about half of its market value over the past year
Opportunity to embark on, accelerate savings journey
$75 million per year contract with Al Nassr football club.
IMF expects global growth to slow to 2.7% in 2023
For businesses these days, keeping the lights on is challenging
Its economy grew by 8.4 percent in 2021
The Egyptian Central Bank monitors illegal dollar practices
Water, electricity and gas costs more than quadruple
UAE keen to legally support business environment
Global investors find the region increasingly attractive
Over six designated non-financial businesses and professions
Expectations of an increase of 100-200 basis points
