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The decree imposes fines on any employer who employs workers without a proper permit, hires workers or brings them to the country and fails to provide them with a job
ADNOC Gas fulfils over 60 percent of the UAE’s gas demand and is a major player in fueling the development of key industrial sectors
Number of Emiratis working in companies that obtained the program certificate rose 40 percent to 19,000 in H1 2024
Among the top-ranking GCC cities were Kuwait City, Doha and Bahrain in the 3rd, 4th and 5th places, respectively
Progress on inflation could support gold prices to retest a new all-time high once more
This represents a 19 percent growth compared to the same period in 2023
The airline's new Thailand schedule will include 21 flights to Bangkok and 20 to Phuket
ADNIC's total insurance revenues rose 54 percent annually to an all-time high of AED3.3 billion
The group saw increases of $37.3 million in outpatient revenue and $22.3 million in inpatient revenue
The company has raised its medium-term revenue expectations to $3.85 billion for the fiscal year 2024
The website offers a simple interface which helps users complete their application quickly without filling out lengthy forms
EBITDA reached AED6.6 billion, operating profit of AED3.3 billion and profit after tax of AED2.6 billion
Markets are now pricing in a 55 percent chance of a 50-basis-points cut in September with bets on an additional cut in December
Credit balance for the sectors from banks in Abu Dhabi was around $104.76 billion in May 2024
Al Zeyoudi's appointment underscores the company's commitment to fostering inclusive economic development
Company's non-fuel retail gross profit increased by 13.5 percent annually in Q2 2024 to $56 million
The company will pay its first post-IPO interim dividend of $27.93 million
The UAE is one of only 36 countries worldwide currently piloting the implementation of CBDCs
The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023
Total revenue increased 21 percent to $3.2 billion, from $2.6 billion in H1 2023
By 2023, PCFC had 600 employees, 96,000 clients, 400 suppliers, and 26 strategic partners
The work accelerators plan will focus on six key areas and include three stages: design, acceleration and delivery
The carrier’s European network already includes Budapest, Catania, Krakow, Milan-Bergamo, Prague, Salzburg, and Zagreb
Sheikh Mohammed recently announced that the UAE has allocated AED32 billion for 34,000 housing units for nationals within the next six years
