Age bias in the world of work is real. But it is more complex and nuanced than the common narrative...
- The European Central Bank on Thursday is set to slash rates again by 25 basis points just days ahead of...
CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA) Raki Phillips said that the emirate’s tourism sector aims to...Ras Al Khaimah plans to increase the number of hotel rooms in the emirate over the next five years to 12,747 rooms
The rooms would be provided by over 50 hotels and resorts that offer the highest levels of service to visitors
- The new incentives include classifying up to five enterprises under Tier 1 category per owner, instead of two enterprises, and...
The enterprises that will benefit from the new incentives have to be members of accredited funds and programs that support SMEs in the UAE.
Empowering SMEs is a strategic priority within the nation’s continuous efforts to develop the business sector in the UAE, said Khalil Al Khoori, an HR official.
Director-General of the Ajman Chamber of Commerce and Industry (ACCI) Salem Al-Suwaidi received Ambassador of Mexico to the UAE Luis...The meeting between DG of Ajman Chamber and Mexican ambassador took place as part of the Chamber's efforts to diversify its external partnerships
The two sides discussed economic cooperation and explored trade and investment opportunities between the two countries
Investors remain on edge as central banks hike interest rates to fight runaway inflation, but the monetary policy tightening could...US retail sales flatlined at $682.8 billion in July as gasoline prices retreated from record levels while American consumers boosted spending
The Bank of England warned earlier this month that UK inflation would climb to just above 13 percent this year, which would be the highest level since 1980
The US in retaliation will begin formal trade talks with Taiwan by the autumn to show support for the democracy,...Taiwan lives under constant threat of an invasion by China, which claims the democratically ruled island as part of its territory to be seized one day
The US envoy said Washington would respond with "calm, but resolute steps" to keep the Taiwan Strait open and peaceful
“OPEC is not behind this price increase,” said the secretary-general of the the influential group of producers Haitham Al-Ghais. “There...Al-Ghais’ comments follow the OPEC’s decision to add only 100,000 barrels per day from next month
He said the factors behind the spike in gas and oil prices are beyond OPEC and identified underinvestment as the main problem
US Fed officials believe it will take some time to bring "unacceptably high" inflation back down near the two percent...US policymakers are trying to tread a narrow path and avoid pushing the world's largest economy into recession
Fed officials are trying to dispel some of that excess optimism, stressing in recent speeches that the central bank is committed to pursuing its battle on inflation
The UAE has exceeded international figures in 11 indexes on the best expatriate destinations based on various factors, which include...German research firm InterNations said UAE achieved advanced positions in four key pillars and 11 indexes, out of five pillars and 17 indexes.
About 94 percent of those surveyed felt safe in the UAE while the global rate was under 81 percent.
- The government's Vision 2030 reform programme, designed to reduce the kingdom's dependence on oil, has also given the economy a...
The kingdom managed to contain inflation at 3.1% in 2021, and the IMF predicted it would remain little changed this year at 2.8%, even as rates soar in much of the developed world.
The fund said that was largely due to "low passthrough" of the double-digit wholesale price inflation and increasing shipping costs battering the world economy.
- The Ministry of Human Resources and Emiratisation said in its private sector workforce report that the construction sector accounted for...
Twenty-six percent of the total private sector workforce registered with the Ministry are in the construction sector, followed by 21 percent in the trade and repair services.
Agriculture sector marked the highest (70 percent) growth in the number of new work permits issued, followed by social and personal services.
