business

Egypt’s annual urban inflation declines to 27.5 percent in June amid ongoing reforms

This downward trend extends from a record high of 38 percent reached in September 2023

Sheikh Khaled witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project

His Highness met with heads of global energy companies to discuss the future of the sector

Dubai to get world’s largest fruit and vegetable trade logistics hub

Witnessed by Sheikh Maktoum, the agreement was signed between Dubai Municipality and DP World

Abu Dhabi’s Etihad Airways launches daily flights to Boston, Toronto

Etihad will also begin flying its state-of-the-art Airbus A350 once daily to Toronto Pearson Airport in Canada, starting October 27

Qatar real estate sector sees 285 deals worth $304.1 million in June 2024

A recent report projected the country's real estate sector to reach QAR155.7 billion by 2028

Egypt’s economic reforms boost remittances: 26.6 percent monthly rise to $2.7 billion in May 2024

The remittances in May 2023 amounted to around $1.6 billion, as reported by CBE

E-commerce in Saudi Arabia sees 17.47 percent surge with 40,697 new records in Q2 2024

Riyadh topped the regions in Saudi Arabia for issuing e-commerce records, with 16,535 commercial records

Dubai Chambers, VFS Global to accelerate global expansion of local companies, boost trade development

The deal facilitates global expansion of Dubai firms by reducing entry barriers and enabling quicker access to opportunities

Mohammed Bin Rashid Library to host first Dubai International Library Conference 2024 from 15-17 November 2024

Discussions will include the preservation and restoration of archives, AI, intellectual property, copyright laws

UAE work permit cancellation to take just 45 seconds with zero documents

The new process eliminates the previous requirement of two documents

UAE-based startups lead MENA region in funding in June, securing $82.5 million across 15 deals

MENA startups raised $116 million in June 2024, bringing H1 total to $882 million