03/06/2023
UAE: Savings deposits worth Dh245.867 billion recorded by December 2022
Deposits in banks have increased remarkably over the recent years
Research, Comment and Analysis
03/03/2023
Saudi Arabia ranks first among G20 countries with 4.9% productivity growth rate: International Labor Organization
This 4.9 percent increase represents the highest productivity growth rate achieved by the Kingdom, which was lagging at -6.3 percent in 2019.
03/03/2023
UAE jobs: Nearly 50% residents received bonuses last year, survey reveals
About 31% of the respondents received a bonus of up to Dh20,000, while over 5 per cent reported a bonus value of Dh50,000 or above
03/03/2023
UAE private business output hits 4-month high, but slows down on new orders, hiring
Businesses await new project wins before going in for additional workforce
03/02/2023
First Abu Dhabi Bank facilitated over $9bln worth of sustainable projects in 2022: CEO
In this past year, more than half our bond issuances were in a green format, and we have grown our range of sustainable accounts, loans and finance offerings to support our customers in achieving their own sustainability goals: Hana Al Rostamani
03/02/2023
Family disputes are the biggest challenge facing family businesses in GCC – DIFC survey
Transitioning from the traditional economy will also be a major challenge for family businesses to contend with
02/27/2023
Global debt declines by $4tn in 2022 on stronger growth and inflation
Retrenchment driven 'entirely by mature markets' where total debt dropped to about $200 trillion last year, the Institute of International Finance says
02/23/2023
SAMI’s new ‘Center of Excellence’ to be up and running by 2025: CEO
The SAMI CEO said the latest center will focus on developing land system vehicles including four-by-fours, six-by-sixes, and eight-by-eights.
02/23/2023
Lebanon’s inflation hits 124% as energy, healthcare costs soar
Rising healthcare costs also pushed CPI higher in January
02/22/2023
Accenture commits to more women in UAE leadership positions
According to the UN’s statistics, women made up just under 40 percent of the global workforce prior to the pandemic, but accounted for 45 percent of the subsequent job losses, with those remaining in employment lumped with additional unpaid domestic
02/22/2023
Five steps to improve the odds of M&A integration success
The advice of Ribollet and Geadah could not have come in a more timely manner.
02/20/2023
Israel cenbank to hike rates but analysts split on 25 or 50bps
Citi strategist Bhumika Gupta said that with the US Federal Reserve moving to quarter-point moves, the Bank of Israel would follow suit
02/20/2023
NBK main sponsor of the annual ceremony to reveal Kuwait’s Top 20 Entrepreneurs of the Year
Organized by Forbes Middle East in cooperation with Al-Qabas newspaper in March 2023
02/20/2023
Oman kicks off consultant tender for landmark Muscat Metro
Abu Dhabi is also making progress on its metro project, which on completion will span 113 kilometers of track.
02/17/2023
Dubai Remains One of the Most ‘Affordable’ Luxury Home Destinations in the World
The ‘affordable’ price per square foot in most prime residential neighbourhoods—combined with Dubai’s safety, excellent climate, and unrivalled sun-sea-sand lifestyle—is helping the city cement its iconic status in the luxury
02/16/2023
DMCC announces 17% diamond trade growth in 2022
The soaring figures are further evidence of the rapid rise of Dubai as the world’s leading hub for rough and polished diamonds
02/16/2023
Abu Dhabi grows fastest in MENA with GDP at 10.5%
Abu Dhabi strengthened its international standing and maintained its competitiveness and macroeconomic stability
02/14/2023
Empower's 2022 net income climbs 7% on revenue boost
District cooling company aims to increase its market share in the UAE and is exploring regional growth opportunities
02/13/2023
UAE salary guide 2023: How much can Emiratis earn in Dubai and Abu Dhabi
Technology and finance are the most sought-after sectors for Emirati graduates, report finds
02/10/2023
Forbes Middle East Celebrates The Middle East’s 100 Most Powerful Businesswomen 2023
The list was constructed based on the size of the business, the individual’s impact, achievements, and performance over the last year, and the scope of CSR and other initiatives led by the person.