UAE is an exceptional economic leader in Middle East
"We've collaborated closely with the World Governments Summit for over a decade. It presents a vital opportunity to foster innovative...
Economy
Global changes call for adaptable fiscal policies
He highlights the UAE's strategic priorities, including the future of fiscal policy, the application of sustainable fiscal policies to foster...
Economy
IMF moots coverage of climate change in assessment reports
Action on climate change forms a part of the IMF’s 2021 Comprehensive Surveillance Review A few Directors underline need to...
Double Taxation Agreement between UAE, Jamaica
The agreement will foster cooperation between the tax authorities in the UAE and Jamaica Objectives of the bilateral tax agreement...
Tunisia: Central Bank governor pleads with parliament to approve $4 billion IMF loan
Tunisia is struggling to pay off its debts and balance its budget The country is in discussions with the IMF...
MENA: Saudi Arabia was top FDI destination in 2020
Saudi Arabia received $10.4 billion in investment FDI projects in the kingdom fell by 49 percent to 73 Amid all...
Some MENA economies see turnaround, others may take time to recover: IMF
Oil-producing countries will post positive growth, while economies dependent on tourism will struggle to stay afloat IMF report says curbing...
Dubai Investment Park, Expo Stations on Route 2020 to open on June 1
The inauguration of more stations comes 6 months after the opening of Route 2020 Route 2020 has so far carried...
Bahrain’s Q1 property deal volumes surge 36% to $600m
Bahrain’s Survey and Land Registration Board has said property transaction volumes in the first quarter rose to $600 million This...
Saudi Arabia among top 10 in terms of mobile Internet speeds
Recent reallocation of frequency spectrum likely to increase the capacities of radio networks, improve quality of services Country plans to...
Rural populations can do better with improved internet access: UN
Internet access in rural areas can boost job markets and lead to a greener future The access can propel them...
Dubai hosts MENA’s first Green Hydrogen project
It is an important milestone of the energy transformation, says Siemens official The project is a collaboration between Siemens, Dubai...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
UAE is an exceptional economic leader in Middle East
"We've collaborated closely with the World Governments Summit for over a decade. It presents a vital opportunity to foster innovative...
Economy
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Toshiba accepts $15bn buyout bid
Business
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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
10th Arab-China Business Conference ends with Riyadh Declaration
Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...
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...
Economy
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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
Economy
UAE and Russia hold talks to eliminate double taxation
Dubai, UAE--The UAE and Russia have held the second round of negotiations on the double taxation agreement on income and...
- The agreement is designed to provide protection to taxpayers from double taxation and remove bottlenecks on the path of trade and investment
- The UAE noted the importance of dialogue in fostering better bilateral relations with Russia, resulting in growth in trade, finance and investment
Economy
Dubai leads global FDI in cultural, creative industries in 2022
Dubai, UAE - Dubai has achieved top global ranking in attracting Foreign Direct Investment (FDI) projects in the cultural and...
- The United States, India, the United Kingdom, France and Switzerland emerged as the leading foreign direct investors in Dubai’s cultural and creative industries
- Asian nations, like India and Singapore, are finding their fastest-growing creative industry sectors to be enormous revitalisers of employment figures