07/17/2023
UAE jobs: Hiring increases in local market, jobseekers demand more flexibility
The growth in job market was seen in a majority of the sectors including aviation, real estate, travel and tourism and many others
Research, Comment and Analysis
07/17/2023
Wages payment through WPS grew 10% to RO4.4bn in 2022
CBO has been directing banks to attract the largest number of private sector establishments to register in WPS.
07/14/2023
This tiny emirate wants to be the next haven for billionaires
The ruler of Ras Al Khaimah, a northern territory of the United Arab Emirates, has big plans for his small nation.
07/14/2023
Fitch Affirms National Bank of Egypt at 'B'; Outlook Negative
NBE's National Long-Term Rating of 'AA(egy)'/Stable reflects its creditworthiness relative to that of other issuers in Egypt.
07/10/2023
OBG report to spotlight Kuwait’s investment landscape
OBG has signed a milestone memorandum of understanding with Kuwait Direct Investment Promotion Authority (KDIPA) to support its research. Under the agreement, which marks 10 years of partnership between KDIPA and OBG.
07/07/2023
UAE, Pakistan business relations strengthen, new deal to explore renewable energy projects
The UAE’s Special Envoy for Climate Change showed keen interest to enhance partnership with Pakistan in all domains
07/07/2023
Deadline for companies to meet Emiratisation targets ends today
The deadline was extended from June 30 to July 7 to give companies more time to reach their targets
07/06/2023
How well are you being served by your bank?
Banks need to shift from being purely reactive to go all in on proactive measures
07/05/2023
UAE’s Emirates NBD introduces compliant carbon market trading
The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals
07/05/2023
Moody’s affirms Sohar International ratings, downgrades HSBC Oman
The banks had received transaction approval from Oman’s Central Bank in February this year.
07/05/2023
Dentons' UK, Ireland and Middle East region posts strong trainee and apprentice retention figures for 2023
Dentons' apprentices are included in its newly qualified figures for the first time, since its apprenticeship scheme launched in 2017
07/03/2023
UAE economy primed for stronger growth in H2 2023
The World Bank has forecasted a 2.8 per cent growth in the UAE’s real GDP for this year
07/03/2023
Unlocking global charitable impact from the Middle East
Most jurisdictions in the Middle East impose controls and limits on international grant-making by domestic charities.
06/30/2023
Private sector must take further action to retain Emirati talent, finds latest survey from PwC Middle East
The survey polled 500 nationals working across the UAE public and private sectors and new graduates emerging into the workplace.
06/30/2023
Saudi Arabia’s unemployment rate falls to 5.1% in first quarter
According to the GASTAT report, workforce participation among female citizens is also rising.
06/29/2023
Dubai’s luxury real estate market is booming. Here’s why
With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market
06/29/2023
GCC countries making headway against shadow economy
GCC countries are fortunate to have comparably small shadow economies. Informal businesses in the region account for 18% of GDP
06/28/2023
Abu Dhabi GDP shows 3.9% growth in Q1 2023: SCAD
According to SCAD estimates, Abu Dhabi’s non-oil GDP (at constant prices) surpassed the highest quarterly value of the past nine years, reaching Dhs146bn in Q1 2023
06/26/2023
Abu Dhabi’s Environment Agency announces official launch of ADERN
With a focus on addressing environmental challenges, ADERN will play a vital role in advancing the understanding and implementation of sustainability in Abu Dhabi
06/23/2023
Saudi Arabia’s financial market ranks 3rd among G20 in competitiveness indicators
The country ranked first in the corporate boards index among G20 countries.