Economics
This represents a significant increase compared to the previous fiscal year, when the surplus was only $2.43 billion
The GCC hospitality sector's revenue is expected to reach $48.1 billion by 2028
The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025
The organization forecasted 2.3 million bpd rise in world oil demand in the second half of 2024
H.H. said the retreat will serve as an annual platform to examine the transformative impact of AI across all sectors
Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel
The Cabinet also approved the launch of the "Manzili" bundle, which offers 18 housing services through 24 government entities
Oman posts $6.7 billion trade surplus, merchandise exports reach $16.88 billion by end of March 2024
Total value of merchandise imports to the Sultanate amounted to $10.1 billion
The report cited the recent floating of the pound exchange rate and an enhanced IMF agreement
The ban applies to private sector establishments and aims to protect workers from heat risks during the hottest hours
The paid-up share capital for the finance companies sector increased by 6 percent to reach $4.13 billion
The platform reduces procedures from 20-30 days to 5 days
Data revealed that 322 real estate transactions were recorded during the month
Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel
The framework also encompasses investigative assistance, and capacity enhancement initiatives
Sharjah also featured in the Top 15 rankings for both the Knowledge and Performance categories
The report highlighted the ongoing structural and financial reforms in the country
Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel
Open banking and digital payments among technologies that drive transformation in the finance industry
Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023
How Astra Tech’s Palm Pay is revolutionizing contactless payment
Saudi Arabia and UAE are the Asian giant’s valuable trading partners
Firms in the UAE experienced a record increase in outstanding business levels in May, the report highlighted
