business

Saudi Arabia to prohibit working under the sun from 12pm to 3 pm starting June 15

The ban applies to private sector establishments and aims to protect workers from heat risks during the hottest hours

Saudi finance companies sector reports 13 percent growth in total assets, reaching $17.1 billion in 2023

The paid-up share capital for the finance companies sector increased by 6 percent to reach $4.13 billion

Qatar’s real estate trading volume reaches $346.41 million in May 2024

Data revealed that 322 real estate transactions were recorded during the month

UAE’s ADGM, Bermuda Monetary Authority sign MoU to boost collaboration on digital asset regulation and supervision

The framework also encompasses investigative assistance, and capacity enhancement initiatives

Sharjah rises to 4th in GCC region, 7th in MENA in 2024 Global Startup Ecosystem Rankings

Sharjah also featured in the Top 15 rankings for both the Knowledge and Performance categories

How the UAE is upholding financing with robust laws

UAE Central Bank Law and Commercial Transactions Law are key legislative instruments

How China’s economic rise is strengthening the logistics transformation of the Middle East

Saudi Arabia and UAE are the Asian giant’s valuable trading partners

UAE’s non-oil private sector resilient in May, PMI holds steady at 55.4: Report

Firms in the UAE experienced a record increase in outstanding business levels in May, the report highlighted

OPEC oil output rises in May, reaching 26.63 million barrels per day

This represents an increase of 145,000 bpd from April

Oman’s foreign trade exchange surges 12.8 percent in Q1 2024, transactions reach $26.7 billion

Oman's trade balance rose 35 percent to $6.75 billion in the same quarter