The kingdom's housing program achieves remarkable success, surpassing targets and reducing waiting times from 15 years to immediate entitlement, revolutionizing...
The Iraqi government, in collaboration with the Central Bank of Iraq, will provide support for local Iraqi banks through foreign...
The initiative will also help in consolidating controls and combat all customs violations, including smuggling.The initiative will also help in consolidating controls and combat all customs violations, including smuggling
The Training Doses initiative is in line with Dubai Customs’ strategic plan, which focuses on developing human cadres
In order to tame soaring prices in the country, the Central Bank of Egypt has raised its overnight interest rates...The bank’s Monetary Policy Committee increased the deposit rate to 11.25 percent from 9.25 percent and the lending rate to 12.25 percent from 10.25 percent
Prices were pushed up in part by a currency depreciation and higher wheat prices after the Ukraine crisis, the statement added
- Raford contended that people should invest in video games, as it is the only successful digital economy so far.
Raford contended that people should invest in video games, as it is the only successful digital economy so far
The metaverse, he said, has extraordinary potential and Dubai is moving rapidly to take advantage of it
China on Friday announced it would cut a key interest rate as the country fights to boost its virus-hit economy...The five-year loan prime rate (LPR) is 4.45 percent," China's central bank said on Friday
The one-year loan prime rate, which guides how much interest commercial banks charge to corporate borrowers, remained unchanged at 3.7 percent
Tourism is deemed one of the future sectors and a key focus area in the UAE’s development vision for the...According to tourism figures for Q1 2022, the country's hotel establishments attracted nearly 6 million visitors
The average duration of hotel guest stays reached 25 percent during the same period, up from 3 nights to 4 nights
- Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Turkey’s export...
The two export credit agencies will work together to facilitate trade and export and ease access to credit insurance and project financing, ECI said in a statement.
Turkey is the UAE’s seventh-largest trading partner, with the non-oil trade between the two reaching AED 49.4 billion.
Government sector employers are mandated to bear full contributions due from the insured in cases where he/she is accompanying a...The responsibility to pay contributions due by insured individuals varies depending on the reason for the leave granted by their employers.
Both the insured and the employer bear their share of contributions according to what the law has determined in the case of a paid leave.
- The non-oil trade between Germany and the UAE amounted to $9.5 billion during 2021, a 10.5 percent increase compared to...
"Our economies are both very much geared for the possibilities of the future," Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade
Al Zeyoudi said that Germany has become UAE's most important trading partner in the Middle East.
- "We must end fossil fuel pollution and accelerate the renewable energy transition before we incinerate our only home," Secretary-General António...
"We must end fossil fuel pollution and accelerate the renewable energy transition before we incinerate our only home," Secretary-General António Guterres said
Guterres called for a new global coalition led by governments and bringing together tech companies, manufacturers and financiers to fast-track innovation and deployment
Last year, new internal displacements from conflict surged to 14.4 million marking a 50-percent jump from 2020 and more than...Last year, new internal displacements from conflict surged to 14.4 million marking a 50-percent jump from 2020 and more than doubling since 2012, the report showed
More than eight million people have already been displaced within the war-ravaged country since Russia's invasion of Ukraine began in February
