- There appears to be plenty of scope for Indonesia to expand its cooperation with the UAE in the area of...
The chamber, in a statement on its website, said the UAE was among the top 20 import-partner countries of Indonesia
However, Indonesia is not even among the top 30 export and import markets for the UAE
- The fine was one of several actions by US regulators requiring the bank to fix lapses in its processes to...
The fine was one of several actions by US regulators requiring the bank to fix lapses in its processes to ensure its overseas branches comply with US sanctions
The breaches involved the bank's London office handling payments through the US financial system without making clear they were going to a Sudanese entity
- Meta ads will not consider race, religion, sexuality, or political party.
From January 19, apps in the Meta family will no longer offer advertisers the option to target people based on certain ‘sensitive’ topics
While this may tighten privacy, it may also affect non-profit groups seeking fundraising or small companies looking for customers
- A multipurpose terminal in Safaga Port of Egypt will be developed and operated by AD Ports Group. Under an MoU...
AD Ports signed an MoU with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation.
Under the pact, AD Ports Group will explore investment opportunities and conduct feasibility and local market studies related to the project.
- Dubai's non-oil economy continued to grow in October, courtesy of a sharp rebound in new orders and increased tourism activity...
A sharp rebound in orders and Expo boost raise Purchasing Manager's Index.
Despite the growth of businesses, job hiring remained marginal. Overall expectations of firms at their highest since March 2020.
- UAE firms are expected to hire more staff and increase salaries next year to attract and retain talents as the...
The expected average raise in the salary for companies in high-tech, life science and consumers goods would be around 4 percent
The survey covered 599 companies across UAE with response indicating that salaries in 2021 incremented at an average of 3.6 percent
- Mashreq Bank, the UAE lender, has seen its net profit drop off by a quarter in the first nine months...
Total net profit for the period ending September 30, 2021 reached 265 million dirhams ($72.14 million), down by 24.7 percent from 352 million dirhams a year earlier
Quarterly net profit stood at 180 million dirhams ($49 million), down by 1.6 percent from 183 million dirhams in the same period last year





















