How regional companies can make 2023 a year for women leadership

How regional companies can make 2023 a year for women leadership

How women are treated at work depends on the tone set by the executive office

Gold

Gold steady as traders wait for Fed chair to take center stage

Spot gold was little changed at $1,845.34 an ounce as of 8:52 a.m. in Singapore, after falling 0.5 per cent on Monday

Oman oil driller Abraj Energy hires banks for $500m IPO

Omani ministry signs nickel extraction agreement with UK’s Knights Bay

The first mining agreement is Oman’s first with a foreign investor

Dubai Chamber introduces Business Sectors Platform

Dubai Chamber of Commerce launches Business Sectors Platform

The platform features a comprehensive set of specialised services to enhance communication between the chamber and private sector

Deals worth $1.579bn signed on day three of IDEX and NAVDEX 2023

Deals worth $1.579bn signed on day three of IDEX and NAVDEX 2023

A total of 34 deals, worth $5.02bn, have been announced thus far

Deals worth $3.44bn inked on first two days of IDEX and NAVDEX 2023

Deals worth $3.44bn inked on first two days of IDEX and NAVDEX 2023

A total of 12 deals were signed with local and international companies on the second day of the exhibitions

Dubai Chambers

Dubai Chambers’ members rise by 20% in 2022, bringing the number to…

… 347,600, with 56,000 new members joining the chamber last year

UAE signs $1.22bn in deals on day one of IDEX and NAVDEX 2023

Deals worth $1.22bn signed on day one of IDEX and NAVDEX 2023

A total of 11 deals with signed, of which six contracts were awarded to local companies

Sheikh Hamdan approves new model for government excellence

Sheikh Hamdan approves new model for government excellence

The new government excellence model aligns with recent developments in government work mechanisms, including the ‘Services 360’ policy and the Dubai Future Readiness Index

Investor trust: Business leaders must show how they deliver value

Investors today are increasingly scrupulous in their due diligence and less prepared to take bets on companies they find difficult to understand

Saudi launches company to develop world's largest downtown in Riyadh

Saudi launches company to develop world’s largest downtown in Riyadh

The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues

Abu Dhabi economy achieves 10.5% growth in first 9M of 2022

Abu Dhabi economy shows 10.5% growth in first nine months of 2022: SCAD

Non-oil sectors contributed 50.3 per cent to the GDP, with an increase of Dhs39bn compared to the same period in 2021 to reach Dhs417.3bn in total by the end of Q3 2022

empower Dubai

Dubai: Empower’s net profit tops Dhs1bn for 2022

The company proposed a dividend amount of Dhs425m for the second half of 2022

Dubai Chambers inaugurates new office in Hong Kong

The office will promote trade from Hong Kong to Dubai and attract more businesses to the emirate

UAE private sector companies must increase Emirati staff by 1% every six months

The new mechanism does not amend the annual targets, which require companies with 50 employees or more to achieve a 2 per cent increase in Emiratisation by end of the year

Abu Dhabi Chamber launches new strategy to boost economy

Abu Dhabi Chamber launches new strategy to boost economy

The chamber has focused on six strategic objectives, in its 2023-2025 strategy

Saudi Omani conference Photo courtesy saudi press agency SPA

Saudi Arabia, Oman sign 13 investment agreements, value exceeds SAR1bn

The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh

Saudi Arabia

Saudi Arabia’s economy grows by 8.7% in 2022

The kingdom’s real GDP grew by 5.4 per cent during the fourth quarter of 2022

UAE's digital economy

UAE’s digital economy to reach $140bn in 2031: Dubai Chamber of Digital Economy

The chamber’s plans include attracting 300 digital startups and 100 tech experts to Dubai by 2024

Hayya Card holders can enter Qatar until January 2024

Hayya Card holders can enter Qatar until January 2024

Cardholders who wish to enter the country must have a passport validity of at least three months upon arrival

Bosses can ask employees to work overtime up to two hours a day

An employee’s total working hours should not cross 144 every three weeks

Saudi Arabia announces new $266m entertainment destination

The destination will feature an e-karting and a 10-lane futuristic bowling experience, a 12-hole indoor adventure golf course, and a 10-screen cinema

UAE President visits Pakistan

UAE President visits Pakistan

The two sides reviewed several regional and global issues of mutual concern and exchanged views

Dubai Chambers WAM

Dubai Chamber of Commerce launches 4 new business groups

The chamber plans to increase the number of sector-specific business support groups to 100 by March 2023

Tecom Group

Power Letters 2023: Abdulla Belhoul, chief executive officer, Tecom Group

As many parts of the world look to accommodate new work environments, Tecom Group remains committed to providing companies with modern and flexible spaces to engage

Dubai wins bids to host 232 business events in 2022

Dubai wins bids to host 232 business events in 2022

The events are to be held over the coming years and will bring in an additional 135,000 visitors

Better benefits can give UAE firms an edge in global battle for talent

Better benefits can give UAE firms an edge in global battle for talent

Workplace savings, unemployment insurance, and education allowances are among the top benefits sought by employees

UAE reduces legal age to run a business

UAE reduces legal age to run a business

The issuance of the new law replaces previous legislation that remained in effect for almost three decades

UAE President receives Azerbaijan's head of state

UAE President receives Azerbaijan’s head of state

The president of Azerbaijan, Ilham Aliyev, is paying a working visit to the UAE

Global economy ‘slowing sharply’, projected to grow by 1.7% in 2023, says World Bank

Over the next two years, per-capita income growth in emerging market and developing economies is projected to average 2.8 per cent, a full percentage point lower than the 2010-2019 average