economy

UAE Ministry of Finance announces key amendments to tax regulations effective January 2025

The modifications introduce various administrative reliefs and clarifications for businesses that establish Tax Groups.

UAE-Croatia bilateral trade surges to $78.9 million in H1 2024, up 44.8 percent

UAE non-oil trade with Croatia reaches $110.7 million in 2023

Indian businesses top the list of newcomers joining Dubai Chamber of Commerce in 9M 2024

Pakistan ranked second on the list with 6,061 new companies joining the chamber in the first nine months of 2024

BRICS expansion: Nine new partner countries set to join in January 2025

Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries

Sharjah approves $11.4 billion budget for 2025, largest in emirate’s history

The budget empowers agencies to fund initiatives, provide housing for citizens, and upgrade tourism infrastructure

Transforming data management in the UAE: How the Data Index sets new standards

This index aligns with global best practices and standards pertaining to statistics and data management

CBUAE forecasts real GDP growth: 4 percent in 2024, rising to 5.5 percent by 2026

Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025

Crude oil prices edge up 0.4 percent amid supply concerns and demand focus

Brent oil futures for February rose by 0.4 percent to $72.91 a barrel

Japan GDP: Growth trends and economic forecasts for 2025

Approximately 70 percent of Japan’s GDP is derived from the services sector

Kuwait, India agree on upgrading ties to strategic partnership

The two sides highlighted trade's crucial role in connecting their countries and its potential for further growth and diversification

ADBW 2024: ADDED, Ma’an sign MoU to empower social enterprises in Abu Dhabi

Ma’an will connect social enterprises with a network of social investors and innovators for collaboration and growth

Empowering the unbanked: How digital wallets and fintech are shaping the future of finance

The role of digital wallets and banks in expanding access to financial services