Browsing: Economy

The UAE’s non-oil private sector sustained growth in April, despite significant rainfall – the most severe since records began in 1949 – disrupting business operations and impacting sales.

Sharjah, United Arab Emirates – April 11, 2024 – The Ministry of Finance (MoF) of…

Aluminium producers from the GCC are anticipated to increase exports to the US and European markets following the US and UK’s prohibition on trading Russian aluminium, copper, and nickel on global metal exchanges, and their importation into the US, analysts and company executives have stated.

Saudi Arabia has issued a VAT reminder to taxpayers, instructing them to submit returns or face fines within the Kingdom.

The organizers have announced the business program for the international forum “World of Opportunities.” The…

Saudi Arabia is expected to be the second fastest-growing economy in 2025, following closely behind India, according to a revised forecast from the International Monetary Fund (IMF).

The Indian rupee dropped to its lowest ever level early on Friday, as reports of Israeli strikes in Iran led investors to flee from risky assets and seek safer options.

UAE has introduced a new Taxpayer Charter to delineate tax regulations within the country.

Prices of numerous commodities and grocery items in the UAE are forecasted to decrease in the forthcoming months owing to abundant production and imports following anticipated good monsoon conditions in India.

A Dubai billionaire has urged for banks to remain open during lengthy holidays, citing the “direct harm” caused to customers and the commercial sector by their closure.