Strong output, jobs buoyed UAE's private-sector growth in September
Operating conditions and growth in the UAE's non-oil private sector businesses improved at a robust pace in September thanks to…
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Saudi non-oil private sector businesses expanded in September – PMI
Underpinned by strong gains in both output and new orders, Saudi Arabia's non-oil private sector economy expanded in September, albeit…
Christie’s International Real Estate Dubai opens at Dubai World Trade Centre
Christie’s International Real Estate Dubai is delighted to announce the opening of its new office at the Dubai World Trade…
Saudi real GDP expected to rise by nearly 8 percent, say analysts
Saudi Arabia’s budgeted revenues for 2023 are likely to be based on the Brent price at $76 per barrel, said…
Qatar's QIA will invest $2.38bln in German power provider RWE
QIA , the sovereign wealth fund of the Qatar, will invest EUR 2,427.6 million ( $2.38 billion) in RWE AG …
UAE: Burjeel Holdings sets IPO price range between Dh2 and Dh2.45 per share
Burjeel Holdings has announced that it will be offering approximately 550,729,221 shares, representing 11 per cent of issued share capital,…
What makes the UAE’s entrepreneurial ecosystem flourish?
Supporting entrepreneurship is a priority in the UAE’s Fifty Economic Plan. How does IFZA support the UAE’s drive to become…
Dubai Chamber of Commerce introduces business community to UAE corporate tax system
Workshop examined the requirements and processes related to the new corporate tax system Dubai Chamber of Commerce recently hosted a…
Higher-income, easing provisions drive UAE banks’ profitability growth
The bottom-line profitability of the four largest banks that account for 70 per cent of the total UAE banking assets…
Qatar Investment Authority launches new initiative to boost liquidity
Qatar Investment Authority, a sovereign wealth fund with around $460 billion in assets, has launched a market-making initiative to boost…
Citi launches Murabaha trade and working capital financing solution for corporate clients
Citi has announced the launch of its Murabaha Trade and Working Capital Financing solution for corporate clients in Europe, Middle…
Dubai developer Nakheel nears $4.6bn debt restructuring to fund expansion
Dubai developer Nakheel is nearing a debt restructuring deal worth $4.6bn, as the group behind landmarks such as Palm Jumeirah…