The Central Bank of the UAE kept the Base Rate for the Overnight Deposit Facility (ODF) steady at 5.40%, aligning...
Dubai, UAE - The UAE was recognized as the top destination for international professionals seeking employment visas. According to the...
Israel, which maintains close ties with both Russia and Ukraine, has been facing growing criticism from Washington and Kyiv over...Israeli PM spoke with Putin over a call on Monday that lasted 90 minutes after speaking with Ukrainian President on Saturday
On Friday, Victoria Nuland from US administration has urged Israel to join Western sanction to punish Putin's aggression
The two countries discussed cooperation in establishing an advanced digital infrastructure.The two countries discussed cooperation in establishing an advanced digital infrastructure
Partnership was reviewed between Saudi IT Minister Eng. Abdullah bin Amer Al-Sawaha and the Greek minister Adonis Georgiadis
Over the past four years, GCC members have seen billions of dollars being remitted to other countries.Member nations of the GCC have always had a healthy representation of immigrants in their workforce
As a result, these countries also see some of the largest amount of remittances sent out of them
The Moroccan government faced weeks of pressure over rising prices, in a country heavily dependent on imports of energy and...The Moroccan government faced weeks of pressure over rising prices, in a country heavily dependent on imports of energy and cereals
Both oil and wheat prices surged due to Russia's invasion of Ukraine, although oil fell back on Monday
Lebanon's energy industry sees a loss of up to $2bn every year as state treasury pays over $50bn in advances...Between $1.5bn and $2bn is lost in Lebanon's energy industry every year as state treasury pays over $50bn in advances to Electricité du Liban
The country’s electrical network sees 3500 megawatts demand while only 2,000 megawatts is produced, says energy expert Ahmed Daher
E-commerce in the UAE surged to over $5 billion in 2021 and is projected to surpass $8 billion by 2025,...More consumers in the UAE made online purchases across all categories during 2021, compared to 2020, with 75 percent of respondents typically purchasing online.
The UAE and Qatar are on top, with GDP-per-capita above $40,000 and internet penetration above 90 percent.
- New corporate laws and business-friendly policies give start-ups an upper hand in the UAE as they are predominantly created and...
Corporate reforms will make more people try entrepreneurship in the UAE, say businesspersons
The UAE recognizes that high levels of technical skills proficiency are essential to thrive in the digital economy
- China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts.
Authorities in China have reported 2,300 new covid cases across the country on Monday
China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts
- Saudi Arabia and UAE, two biggest economies in the Gulf Cooperation Council region, rely heavily on retail industry.
UAE and Saudi Arabia witnessed growth, albeit low, in the retail sector even during the pandemic.
Professional services network Deloitte has said that 2022 offers an opportunity for the long-overdue retail reset.
Jordan’s trade balance deficit with the European Union countries expanded by 12.9% in 2021 compared to 2020.Total trade deficit reached about JD2.671 billion ($3.77 billion) in 2021
The value of national exports to EU countries increased by 29.9 per cent during 2021
