Three new IPOs added Dhs21.3b to UAE’s markets’ capitalisation in 2024

The local stock markets attracted a new market capitalisation of nearly Dhs21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line with...

CBUAE in 2023 remains dedicated to safeguard UAE’s monetary stability

His Highness Sheikh Mansour Bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, and Chairman of the Central Bank of the UAE (CBUAE), has...

Alabbar urges industry leaders to focus on more innovation

In the wake of the thriving food industry landscape in the MENA region, industry titans converged at the UAERG Food Service Forum and IMAGES RetailME Food Business Forum held at...

RAKEZ signs deal with Indian entity to boost economic ties

Ras Al Khaimah Economic Zone (RAKEZ) signed a Memorandum of Understanding (MoU) with the Indian Chamber of Commerce (ICC) to enhance business opportunities and foster economic growth between the UAE...

Pakistan eyes 3.6% growth for next year, inflation to dip to 12%

Pakistan’s Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%....

Indias top office markets witness 4-8 per cent yearly surge in rentals

Sheikh Ahmed Bin Saeed opens Arabian Travel Market 2024

Inayat-ur-Rahman, Business Editor Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group,...

Sharjah Chamber highlights rules of Corporate Tax Law

Sharjah Chamber of Commerce and Industry (SCCI) has organised a workshop on the corporate tax system in the UAE. Designed to help participants navigate the UAE’s new corporate tax law,...

Etihad Airways receives 4.3 million passengers in Q1 2024

Etihad Airways, the UAE's national airline, welcomed over 1.4 million passengers on board during March 2024, with an average monthly passenger load factor of 84 pe rcent, according to the...

Dubai SME expands role in driving growth

The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a subsidiary of the Dubai Department of Economy and Tourism (DET), expanded its role as a key...