The ADX-listed company, formerly known as Ras Al Khaimah Cement (RAK Cement), posted an annual hike in...
UAE
Financial issuers accounted for 67% of proceeds raised during the year, while Government & Agency issuers accounted...
Dubai’s $8.7trln financial plan will double economy, make the city one of the global top 3
1 min read
By spurring trade and investments over the next decade, the new economic agenda, named D33, aims to...
"Tabreed will be celebrating 25 years in business in 2023, and in that time the company has...
The UAE central bank said real oil GDP is projected to grow by 11% and 3% in...
Revenues from social contributions stood at AED3.8 billion, up by 10% from AED 3.4 billion during the...
The corporate tax will not be levied on salaries or personal income from employment, as well as...
A few months earlier, the telecoms provider, which recently rebranded to e&, became Vodafone’s biggest shareholder after...
The exchange house failed to obtain letters of no objection from the central bank to enter into...
Crypto-related salaries in the country have outranked those in many countries, including the United States, Switzerland, Germany,...
Over the next year, the ‘rethinking of priorities’ will see one of the biggest waves of resignations...
“EM inflation will peak in 2022 and then fall consistently in 2023 as monetary policy tightening slows...
The new 6% growth is higher than the previous forecast. Last month, the IMF’s World Economic Outlook...
The bonds, which have a maturity of 10-1/4 years and are non-callable for 5-1/4 years, were sold...
The value of sales generated in the fast-moving consumer goods (FMCG) industry during the third quarter went...
U.S. and UAE sign strategic partnership deal to spur $100 billion in clean energy investment
2 min read
The cooperation comes within the framework of the close friendship between the UAE and the United States...
According to the GEU, the economies of the Gulf Cooperation Council (GCC) are projected to expand by...
“The company’s decision was to attract strategic investors, and G42 from the UAE was the first, and...
The Money Supply aggregate M3 also rose by 2.4%, from AED 1,968.3 billion at the end of...
Proceeds raised by companies in the region increased 166% compared to the first nine months of 2021,...
Among those surveyed by Insight, 31% of women, as opposed to just 24% of men, said they...
The SoftBank-backed platform, which claims to be the most valuable startup in Latin America and is valued...
‘Unemployment Insurance Scheme’ comes into force, provides coherent social security in UAE
1 min read
The compensation will be paid monthly, calculated at 60 percent of the employee’s subscription salary and subject...
The series of rate hikes this year by the US Federal Reserve to curb inflation was mirrored...
The offering saw significant demand from investors in the UAE and the region, amounting to over AED...
Most shoppers rely on mobile devices for purchases, with smartphones and tablets accounting for a majority of...
The UAE delegation highlighted the country’s competitive manufacturing business landscape while sharing their knowledge on ways to...
"The price range has been set between AED 2.00 to AED 2.45 per share, implying an equity...
In a survey by global consulting firm Mercer, companies said they are planning to grant salary adjustments...
From 2012 to 2021, Saudi Arabia was the UAE’s fourth leading trading partner, with their trade exchange...
The electric vehicle (EV) market is estimated to grow at a Compound Annual Growth Rate (CAGR) of...
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