Recent

Lebanon's real GDP growth is expected to pick up in 2018 supported by the reopening of trade routes with Syria and Iraq by mid-2018. (File photo)
December 14, 2017 - 14:07 GMT
A London-based financial research center has projected positive economic growth for Lebanon on the expected reopening of trade routes in Syria and Iraq in 2018.
Saudi Arabia has announced that electronic purchases are subject to the value added tax (VAT), effective January 1. (File photo)
December 14, 2017 - 13:48 GMT
Saudi Arabia has announced that electronic purchases are subject to the value added tax (VAT).
The UAE, Saudi Arabia and Bahrain have raised their interest rates today. Kuwait's interest rate remains unchanged. (File photo)
December 14, 2017 - 13:03 GMT
Saudi Arabia, the UAE and Bahrain said they were raising their interest rates following a decision by the US Federal Reserve to increase interest rates by 25 basis points.
King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018. (AFP/ File)
December 14, 2017 - 11:12 GMT
King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018.
Sami Al Qamzi, Director General of Dubai Economy
December 14, 2017 - 07:39 GMT
The economy in Dubai has continued to grow at a fast pace in 2017 guided by a leadership that has its eye on the future and a government committed to the emirate’s sustainable development and global leadership, said His Excellency Sami Al Qamzi, Director General of Dubai Economy.
When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets. (AFP)
December 13, 2017 - 21:37 GMT
When it comes to Egypt's economy in the coming years, three economic issues in particular are prompting investors to hedge their bets.
Saudi Arabia's most well-known businessman Prince Alwaleed bin Talal is still under arrest. (Getty)
December 13, 2017 - 20:47 GMT
Saudi Arabia is reportedly planning to set up a unit to manage assets handed over as settlements by officials and princes accused of corruption.
The Business Registration & Licensing (BRL) sector in Dubai Economy witnessed a record number of transactions over November this year.
December 13, 2017 - 08:40 GMT
The Business Registration & Licensing (BRL) sector in Dubai Economy witnessed a record number of transactions over November 2017.
“The UAE is exploring other tax options according to best international practices.” - Ministry of Finance (File photo)
December 12, 2017 - 18:00 GMT
The National cited a Ministry of Finance statement as confirming the country was “exploring other tax options according to best international practices.”
All of the initiatives were inspired and based on the pillars and principles of the Year of Giving.
December 12, 2017 - 10:22 GMT
Dubai Customs carried out 40 charity voluntary initiatives that targeted 30,000 people in Dubai this year. All of the initiatives were inspired and based on the pillars and principles of the Year of Giving.
Ahmad Al Zaabi, Senior Manager, CCCP sector in Dubai Economy
December 12, 2017 - 09:50 GMT
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy organised a workshop for electronics companies in the emirate ahead of the implementation of the unified contract.
Mirko Rubeis, Partner and Managing Director at BCG
December 12, 2017 - 08:35 GMT
According to the first Gulf Downstream Industry Survey, conducted in cooperation between the Gulf Downstream Association (GDA) and The Boston Consulting Group (BCG), the refining market is expected to remain volatile in the medium term.
The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a new report. (AFP/ File)
December 11, 2017 - 18:00 GMT
The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a report by Ernst & Young.
Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone. (File photo)
December 11, 2017 - 14:53 GMT
Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone.
During the launch ceremony
December 11, 2017 - 12:50 GMT
Dubai SME and WOMENA have jointly launched the ‘Future Founders and Future Funders Programme,’ aimed to draw on venture capital (VC) as an enabler of entrepreneurship among Emirati women.
Boosting cooperation and partnership between Dubai Customs and business and trade groups in Dubai was one of the main items on the meeting’s agenda.
December 11, 2017 - 11:48 GMT
Chaired by Ahmed Mahboob Musabih, Director of Dubai Customs (DC), Chairman of Dubai Customs’ Consultative Council, the Council’s third meeting in 2017 convened recently and was attended by heads of business and trade groups, members of the Council.