Response Plus Holding declares a dividend distribution of AED 14 million.
Response Plus Holding, a leading logistics and security solutions provider in the UAE, has declared a dividend distribution of AED 14 million.
Azizi Developments is venturing into the hospitality sector and plans to introduce a global hotel brand at ATM Dubai 2023.
Azizi Developments, a UAE-based real estate developer, is expanding its business into the hospitality sector by launching a new global hotel brand.
Shareholders of Eshraq have given their approval for the cross-listing of the company and a share buyback of up to AED 110 million.
Eshraq Investments has received approval from its shareholders to cross-list its shares on the Dubai Financial Market (DFM).
April 30, 2023
Mitigating the Effects of Oil Price Volatility: UAE Government Strategies and Policies
The strategies and policies adopted by the UAE government to mitigate the effects of oil price volatility on the economy The UAE’s economy has long been heavily dependent on oil revenues, with crude oil and petroleum products accounting for the majority of its exports and government revenue. However, the country has recognized the need to […]
April 30, 2023
The UAE’s Oil Industry and its Influence on Global Energy Markets
The United Arab Emirates (UAE) is known for being a major oil-producing country, and its oil industry has played a significant role in the country’s economic growth. As the world’s demand for energy continues to grow, the UAE’s oil industry is becoming increasingly important on a global scale. This article will explore the relationship between […]
April 30, 2023
The Future of Economic Diversification in the UAE: The Role of Oil
The United Arab Emirates (UAE) has long been known for its abundant oil reserves, which have been the primary driver of the country’s economy for decades. However, the UAE government has recognized the need to diversify the economy away from oil and gas in order to ensure sustainable growth and development in the long term. […]
April 30, 2023
The Central Bank of UAE: Driving Economic Growth and Stability
The Central Bank of the United Arab Emirates (CBUAE) is the primary financial regulatory authority in the country. Established in 1980, it is responsible for overseeing and supervising the banking industry, monetary policy, and currency issuance. The role of the CBUAE is critical in shaping the country’s economy, and it plays a vital role in […]
April 30, 2023
The Ripple Effect: How UAE’s VAT Implementation is Affecting the Banking Industry
The United Arab Emirates (UAE) implemented a value-added tax (VAT) in 2018, as part of its efforts to diversify its economy and reduce its reliance on oil revenue. The introduction of VAT had a significant impact on businesses in the UAE, including the banking industry. In this essay, we will discuss the impact of UAE’s […]
April 30, 2023
Driving Economic Diversification: The Vital Role of UAE Banks
The United Arab Emirates (UAE) has long been known for its oil and gas industry, which has traditionally been the backbone of the country’s economy. However, in recent years, the UAE has been actively working towards diversifying its economy and reducing its dependence on the oil and gas sector. One key player in this process […]
April 30, 2023
Beyond Traditional Banking: How UAE Banks Are Fostering Economic Diversification
The United Arab Emirates (UAE) has undergone a remarkable transformation over the past few decades, evolving from a predominantly oil-based economy to a diversified economy that encompasses multiple sectors such as finance, tourism, construction, and technology. This economic diversification has been driven by the country’s vision to reduce its reliance on oil and create a […]