Dubai, UAE -- Dubai recorded real estate transactions valued at AED 11.5 billion ($3.13 billion) during the week ending 2...
Abu Dhabi, UAE--Despite geopolitical uncertainties and potential economic headwinds, S&P Global expects GCC banks to maintain their well-capitalised, profitable, and...
KUWAIT: A delegation from the Federation of UAE Chambers of Commerce and Industry and officials of the Kuwait Chamber of...Federation of UAE Chambers and Kuwait Chamber hold a meeting to discuss ways of promoting investment opportunities.
Kuwait Chamber chairman expects Kuwait-Abu Dhabi cooperation in healthcare, education and food security.
The punishments could include monetary penalties, imprisonment, and then subsequent deportation.Any self-employed expatriate who engage in jobs for their own personal benefit could be fined SAR50,000 (around $13,300), jailed for six months
The self-employed expatriate would be deported after serving the jail term and the payment of fines
The Federal Board of Investment of Pakistan has invited auto-sector investors to set up business within the country.The Pakistan government promises a safe and secure environment for foreign investors with legal protection under the Acts of Parliament
It also promises investment opportunities in all sectors of economy for foreign investors with 100 percent equity or joint ventures
DUBAI: Etihad Credit Insurance (ECI), a UAE Federal export credit company, and Bpifrance Assurance Export, a French export credit agency,...Etihad Credit Insurance and Bpifrance Assurance Export will push more Emirate and French projects globally.
The UAE is France’s second-largest trade partner in the region. Non-oil foreign trade between the countries was AED 19.7 billion in 2020.
The UAE-based company will now focus on providing ‘Energy for change’.The UAE-based company will now focus on providing ‘Energy for change’
The company seeks to generate positive economic, social, and environmental impact
- Bahrain plans to double its VAT rate to 10 percent, which is likely to drive its citizens to shop in...
In the GCC, Saudi Arabia and the UAE were the first to introduce a VAT system in January 2018
Bahrain followed a year later, and Oman brought in the tax in April 2021
Nearly two years after it set up a base in Bahrain, Amazon Web Services (AWS) has widened its footprint beyond...The new AWS Middle East UAE Region will have three Availability Zones and will be AWS' second Middle East region
Customers with data residency requirements in the UAE can now store their data in the new AWS Region in UAE
- Jabal Omar Development Company, one of Saudi Arabia's largest-listed property developers, has signed a deal to restructure a SAR 4.7-billion...
The repayments will begin after a three-year grace period, Jabal Omar said in an exchange filing
As per the new agreement, the loan’s final maturity has been extended by three years to 2030
- Bidfood UAE is part of the Bidcorp Group, and has officially been chosen to distribute the Impossible Burger across the...
Bidfood will begin to distribute three of Impossible Foods’ plant-based items
These are the Impossible Burger in 1.2-kg and 1.13-kg patties, and the Impossible Burger in bulk format of 2.26 kg
Companies in the United Arab Emirates are looking to increase their revenues by as much as 50 percent and recruit...The research comes as business conditions in the country continue to improve on the back of easing COVID-19 restrictions and reopening of international travel
UAE businesses are also the most confident globally about driving innovation in product and customer service (67 percent) over the next 12 months
