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    CBUAE’s gold reserves up 19.7% YoY

    CBUAE’s gold reserves up 19.7% YoY

    05 Aug 2024

    The value of gold reserves held by the Central Bank of the UAE (CBUAE) reached Dhs20.619 billion by the end of May 2024, marking a year-on-year (YoY) growth of 19.7...

    Bitcoin’s decline continues, with price slipping to six-month low

    Bitcoin’s decline continues, with price slipping to six-month low

    05 Aug 2024

    Bitcoin continued to lose considerable ground amid a generally gloomy mood on the financial markets on Monday.The price of the oldest and best-known cryptocurrency plummeted to US$51,600 on the Bitstamp...

    Stock traders face dip-buying dilemma after crushing selloff

    Stock traders face dip-buying dilemma after crushing selloff

    04 Aug 2024

    A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the US economy and disappointing...

    FTA urges Resident Juridical Persons with licences issued in June to register for Corporate Tax by Aug.31

    FTA urges Resident Juridical Persons with licences issued in June to register for Corporate Tax by Aug.31

    04 Aug 2024

    The Federal Tax Authority (FTA) has urged Resident Juridical Persons with Licences issued in June, regardless of the year of issuance, to submit their Corporate Tax registration applications by 31st...

    Saudi Arabia’s non-oil merchandise exports to GCC reach $2.9b

    Saudi Arabia’s non-oil merchandise exports to GCC reach $2.9b

    04 Aug 2024

    Saudi Arabia’s total non-oil merchandise exports to Gulf Cooperation Council (GCC) countries reached SR10.99 billion ($2.9 billion) in May, a significant increase from SR8.43 billion in the same month last...

    800 industrial establishments in Ajman during first half of 2024

    800 industrial establishments in Ajman during first half of 2024

    04 Aug 2024

    Sheikh Hamad bin Nasser Al Nuaimi, Director of the Member Affairs Department at the Ajman Chamber of Commerce and Industry (ACCI), stated that the total memberships of the ACCI reached...

    Dhs 646 million in transactions in Central and Eastern regions of Sharjah during first half of 2024

    Dhs 646 million in transactions in Central and Eastern regions of Sharjah during first half of 2024

    04 Aug 2024

    According to the semi-annual report of the real estate sector in the cities of Sharjah issued by Sharjah Real Estate Registration Department, it was revealed that the trading value of...

    Forex seminar hosted by GGCC in Dubai announces major expansion plans

    Forex seminar hosted by GGCC in Dubai announces major expansion plans

    04 Aug 2024

    Gulf Network Recently, a successful forex seminar was held in Dubai by Global Gold & Currency Corporation (GGCC), where more than 200 people participated to learn more and upgrade their...

    UAE’s real estate sector on upward trajectory in H1 2024

    UAE’s real estate sector on upward trajectory in H1 2024

    03 Aug 2024

    The UAE’s real estate sector continued to thrive and attract investment during the first half of 2024, supported by the country’s economic and financial stability, and the launch of new...

    More than 50 US lawmakers, 21 states back Department of Justice in TikTok lawsuit

    More than 50 US lawmakers, 21 states back Department of Justice in TikTok lawsuit

    03 Aug 2024

    A group of 21 states and more than 50 US lawmakers on Friday backed the Justice Department in its defence of a law that requires China-based ByteDance to sell TikTok's...

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