By pairing sovereign capital with frictionless regulation, Doha reversed the startup playbook, attracting investors and founders first, then letting an...
The post-oil Gulf has the chance to redefine authenticity itself—as a deliberately trained, global hospitality culture built by people, not...
Riyadh, Saudi Arabia - The Saudi Ministry of Industry and Mineral Resources has unveiled plans to broaden the range of...Industrial companies holding a valid license from the ministry will benefit from duty exemptions on specific items essential for their operations
The items encompass raw materials, semi-finished materials, finished materials, packaging materials, machinery, equipment, and spare parts required for industrial production
DUBAI, UAE – Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that under the guidance of Vice...Dubai witnessed an 18 percent increase in endowment assets compared to the previous year.
The Crown Prince was briefed on key developments in the field of endowment work in Dubai.
Doha, Qatar--Qatar and Estonia have signed an agreement to avoid double taxation and prevent income tax evasion. The agreement was...Qatar's finance minister said the agreement would contribute to supporting international standards of transparency through the exchange of information
It will enable both countries to come down hard on tax evasion, ensure justice and equality in the treatment of individuals, in addition to enhancing trade cooperation
Abu Dhabi, UAE--The UAE Ministry of Defence and Masdar have signed an agreement to develop multi-solar plants across Abu Dhabi....The project will be designed, maintained and funded by Emerge, a joint venture between the UAE’s Masdar and France’s EDF Group
Dr Sultan Al Jaber said at the signing of the agreement that the UAE will continue leading by example as it advances its net zero initiative
- Saudi Arabia said it transferred an additional eight percent stake from oil giant Aramco to firms owned by the kingdom's...
The transfer was "a continuation of Saudi Arabia's long-term initiatives to boost and diversify the national economy and expand investment opportunities".
The move brings the state's ownership of Aramco shares to 82.19 percent.
- Libya earns around $20 billion per year in net revenues from oil and gas exports, which accounts for around 95...
Libya's dinar currency - which officially trades at 4.8 to the US dollar - has recently dropped on the parallel market from around five dinar to the greenback to 7.5 now
The cost of living crisis and foreign cash crunch come after the Central Bank of Libya announced steps it said were aimed at ensuring greater financial stability
Sharjah, UAE-- Nearly 400,000 visitors from Europe have traveled to Sharjah during last year, marking a notable 28 percent increase...Sharjah is showcasing its unique locations at a travel-trade show in Berlin, seeking to entice more Europeans to the emirate
Tourism officials from Sharjah held meetings with investors and business leaders interested in the tourism and trade sectors
Dubai, UAE--Dubai Chambers has signed a memorandum of understanding (MoU) with DP World to enable the chambers to leverage DP...The MoU corresponds with the goals of Dubai Global Initiative, aiming to establish offices around the world to attract foreign direct investment
The Dubai Global initiative is led by Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers
- Doha, Qatar--Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al-Thani has called for strengthening joint action among...
Al-Thani exhorted the GCC to boost efforts to fight off financial challenges in relation to growth, sustainable development, financial stability, and interest rate
He applauded the GCC for great achievements registered during the last few years, which contributed to the advancement and prosperity of the region
DUBAI, UAE – Dubai Mall welcomed a record 105 million visitors in 2023, a jump of over 19 percent on...Figures also showed a staggering 20 million people visited the mall in the first two months of this year alone.
The mall's events and promotions in 2023 and the beginning of 2024 were a key driver of its foot traffic.
