SMEs in UAE confront expense management challenges
Digital solutions, including innovative expense management platforms, may help in transforming the administrative landscape for SMEs, a latest report points...
Economy
Dubai records over US$2.6bn in weeklong real estate transactions
DUBAI, UAE - A total of 3,543 real estate transactions worth over US$2.6 billion (AED9.8 billion) were conducted during the...
Business
UBS Investor Watch: Investors to use their capital to drive change after COVID-19
9 in 10 investors want their investments to align with their values Women, young generation want to make a difference...
Survey points to vibrant recovery for global exhibitions industry
Dubai tops list of travel destinations with 83% comfortable traveling to the emirate to attend exhibitions 75 percent of respondents...
European central bank honchos to wrestle with rising inflation
The ECB's 25-member governing council is widely expected to hold interest rates at historic lows and leave its massive bond-purchasing...
Saudi Aramco tops Forbes Middle East’s list of top 100 firms
Market value of the 100 companies stands at $3 trillion, 93 percent witness increase in their market value
WB suspends financial operation in Mali after coup
Malian strongman Colonel Assimi Goita last week deposed the leaders of a transitional government Mali has already been suspended by...
Sharjah proposes real-estate reform
These include reviewing the ownership of granted lands, completing the electronic structure, and launching a real-estate calculator SCC members also...
Saudi economy picks up pace as spending drives growth
The macro-economic conditions in Saudi economy are improving Encouraged by spending in many sectors, the overall health of the economy...
UAE, China to cooperate in knowledge sectors
Two nations will cooperate to spur innovation through leveraging advanced technologies and 4th Industrial Revolution solutions Building an ecosystem that...
G7 may lend its weight to a minimum global level of corporate tax
Biden has called for a unified minimum corporate tax rate of 15% in negotiations with the OECD and the G20...
Egypt’s foreign-currency reserves shot up to $40.3bn in May
The rise has been due to remittances sent by Egyptians working abroad According to the Ministry of Planning, the reserves...
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SMEs in UAE confront expense management challenges
Digital solutions, including innovative expense management platforms, may help in transforming the administrative landscape for SMEs, a latest report points...
Economy
Company News
Accenture to cut 19,000 jobs
Business
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UN calls on Libya to treat migrants, asylum seekers with dignity
War-torn Libya is regularly criticised for its handling of migrants, with rights groups alleging horrific treatment by smuggling gangs and...
Geostrategy
UN working to renew Ukraine grain export deal
That crucial accord granting safe passage for Ukrainian grain to be exported via Black Sea ports despite Moscow's invasion was...
Economy
UAE’s MoHRE extends deadline for companies to meet Emiratisation targets
Dubai, UAE-- The UAE'S Ministry of Human Resources and Emiratisation (MoHRE) has extended the deadline for private sector to hire...
Economy
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Economy
UAE and South Korea agree to support SMEs, entrepreneurship
Dubai, UAE-- The UAE and South Korea are aiming to foster cooperation to promote entrepreneurship and support growth of small...
- The UAE's Minister of Economy, Abdullah bin Touq Al Marri, noted the strong business and strategic ties between the two countries, which continue to grow on many fronts
- South Korean FDI in the UAE, in insurance, mining, energy, real estate, touched US$2.2 billion in 2021, registering a staggering 73 percent growth since the beginning of 2013
Economy
US exhorts Tunisia to agree to IMF reforms after EU offer
The EU offered a 900-billion-euro aid package -- contingent on Tunisia reaching an IMF deal. But Tunisian President Kais Saied...
- It's clear that Tunisia needs additional assistance if it is going to avoid falling off the proverbial economic cliff, US Secretary of State said during a press conference
- Italian foreign minister voiced support for IMF package and said that Prime Minister Giorgia Meloni's government wanted to offer money as "the first step" toward reforms
Economy
Child labor on the rise for the first time in 20 years
He emphasizes the need to tackle the underlying causes of child labor by eradicating forced labor, ensuring safe and healthy...
- The root cause of child labor is identified as a systemic lack of social justice, not parental neglect, says ILO's Director-General Gilbert Houngbo
- One in every 10 children globally, amounting to 160 million children, are engaged in labor, often at the expense of their education, he adds