business

UAE: FTA registers intellectual property for ‘Muwafaq’ package

The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance

New business success index identifies key factors for thriving in Saudi Arabia amid 33 percent expansion urgency

18 percent increase in international companies entering Saudi Arabia from outside MENAT

UAE gold prices decline AED0.25, global rates hit new record high on tariff worries and exchange-traded fund inflows

Spot gold experienced a slight increase of 0.1 percent, reaching $2,939.15 an ounce

Oil prices rise 0.6 percent to $75.19 as new U.S. sanctions on Iran ignite supply concerns

West Texas Intermediate (WTI) crude futures increased by 0.7 percent to $70.92 per barrel

Oman launches electronic system for issuing securities (E-IPO) to enhance transparency in financial transactions

The electronic system for issuing securities will streamline procedures, reducing time and effort for stakeholders

UAE to invest $40 billion in Italy across key sectors, over 40 new agreements signed

Non-oil trade between the two countries grew to $11.7 billion in 2023

UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion

The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.

ADGM completes Al Reem Island integration, adds over 1,100 entities to jurisdiction

Since the expansion was announced in April 2023, more than 600 new businesses have set up on Al Reem Island

DIEZ boosts contributions to national economy as net profit surges 35.5 percent in 2024

In 2024, DIEZ saw a 9 percent annual growth in the number of registered companies operating within its economic zones

Investopia 2025 to kick off on February 26 and 27, exploring finance opportunities in global economic landscape

This year's Investopia, themed ‘Harnessing MegaForces,’ features 100 speakers and 2,000 participants from 20 countries

UAE gold prices rise AED1.25 as global rates near record high on weaker U.S. dollar

Markets are focusing on Friday's PCE report, the Federal Reserve's preferred inflation measure

Oil prices fall 0.3 percent to $74.24 amid weak U.S. economic data

West Texas Intermediate (WTI) crude futures fell 0.4 percent to trade at $69.97 per barrel