April 30, 2023

The Entrepreneurial Mosque: How Mosques in the UAE are Promoting Innovation and Entrepreneurship

The United Arab Emirates (UAE) is renowned for its modern and innovative approach to economic development. The country has been actively promoting entrepreneurship and innovation as a means of diversifying its economy and reducing its reliance on oil. One often-overlooked aspect of the UAE’s approach to promoting entrepreneurship and innovation is the role played by […]

Ministry
April 30, 2023

The Ministry has issued a decision that outlines the criteria for companies with earnings exceeding Dh50 million.

The Ministry of Economy in the UAE recently released a decision that requires companies to adhere to a set of criteria related to transparency, accountability and sustainability.

Vision 2030
April 29, 2023

According to an annual report, Saudi Arabia is on track to surpass the goals of Vision 2030.

The report released by the Saudi Arabian General Investment Authority (SAGIA) has confirmed that Saudi Arabia is making great progress towards achieving the goals of Vision 2030.

Saudi Customs Authority
April 29, 2023

The Saudi Customs Authority shared their knowledge of best practices at Sea Asia 2023.

The Saudi Customs Authority has been at the forefront of efforts to modernize and streamline customs procedures in the region, with a focus on promoting greater transparency, efficiency, and collaboration between customs authorities and other stakeholders in the shipping and logistics industry.

OAPEC
April 29, 2023

OAPEC’s Secretary-General predicts an increase in oil demand despite global economic headwinds.

The Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Ali bin Ibrahim Al-Naimi, has predicted that demand for oil will continue to rise in the coming years due to population growth, urbanization, and economic development in emerging markets.

industrial sector
April 29, 2023

Amid efforts to diversify, investments in the Saudi industrial sector have exceeded $132 billion.

The Saudi government is investing heavily in the industrial sector to promote economic diversification and spur job creation.

Manchester United
April 29, 2023

Final bids for Manchester United have been made by Qatar’s Sheikh Jassim and Ratcliffe.

The Glazer family have reportedly received bids for the sale of Manchester United from Sheikh Jassim and Jim Ratcliffe, estimated to be in the region of £2 billion.

Tashkent International Investment Forum
April 29, 2023

UAE takes part in Uzbekistan’s second Tashkent International Investment Forum.

The second Tashkent International Investment Forum highlighted the growing economic ties between the UAE and Uzbekistan, providing a platform for the UAE to showcase its expertise and explore new investment opportunities in the region.

Euro
April 29, 2023

The Euro area experienced a 0.1% increase in GDP, while the EU recorded a 0.3% increase in the first quarter.

The Euro area and the EU have seen positive economic growth in recent months, with increases in GDP, employment, exports, and consumer spending.

April 29, 2023

Diversification, Innovation, and Sustainability: The Business Economy of the UAE

The United Arab Emirates (UAE) is a rapidly growing business hub, known for its favorable business climate, strategic location, and diverse economy. The UAE’s business economy has undergone significant transformation over the past few decades, and today, it is one of the most dynamic and innovative business environments in the world. One of the main […]

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