The investment in Careem’s Super App highlights the increasing importance of the digital economy in the Middle East, as well as the rapidly changing landscape of technology and commerce.
Saudi Arabia raises prices for crude oil sales to Asia is being seen as a sign of the global oil market’s recovery from the impacts of the COVID-19 pandemic.
Dubai’s property market has seen a surge in activity in Q1 2021, with Dh35.6 billion ($9.7 billion) in sales and an increase of 4% in the number of transactions compared to the same period last year.
The successful IPO of Al Ansari Financial Services reflects the confidence of investors in the company’s growth prospects, as well as the broader outlook for the UAE’s financial services sector.
Saudi Arabia inaugurated 80 factories is a clear indication of the Kingdom’s commitment to economic diversification and its determination to create new opportunities for investment and growth.
Savvy Games has recently announced the acquisition of Scopely, a mobile gaming company that has resonated with millions of players around the world.
The UAE’s international trade has achieved a remarkable milestone by surpassing the $1 trillion mark in its international trade in goods, highlighting its growing status as a major player in the global economy.
In a surprise turn of events, gold prices in the United Arab Emirates (UAE) have fallen from their one-year highs in the early hours of trading. This comes as a shock to many investors who were hoping that the precious metal would continue its upward trajectory. According to reports, gold prices fell by 1% in […]
The UAE government has recently announced tax relief measures for small businesses and startups in the country, including a reduction in registration fees and an exemption from income tax. This move is expected to make it easier for entrepreneurs to establish themselves, promote economic growth, and create new jobs.
The AECB has already taken steps to expand the credit score system in the UAE by launching the “Credit Club” to enable individuals to monitor their credit score for free.