Browsing: Economy

The UAE and the Central African Republic have set a trade target exceeding AED 3.7B (USD 1B) following the signing of a Comprehensive Economic Partnership Agreement (CEPA) last week. This agreement aims to strengthen economic ties and unlock new business opportunities.

The UAE’s Comprehensive Economic Partnership Agreements (CEPAs) with global partners position Emirati companies at the forefront of digital trade, shaping the industry’s future.

At The Times Group ET NOW Global Business Summit 2025, Prime Minister Narendra Modi delivered…

The UAE Federal Tax Authority (FTA) recently organized the InnoTAX 2025 AI Hackathon in Dubai.…

Uber has unveiled the findings of its Economic Impact Report for the Kingdom of Saudi Arabia, highlighting the company’s contribution to the Kingdom’s economy and its role in transforming mobility, supporting local businesses, and enabling new earning opportunities in 2023, and within the past decade since entering the local market. The report, conducted by independent consultancy Public First, estimates that Uber contributed SAR 1.1 billion to the Saudi economy.

Qatar has launched a 100% tax fine exemption initiative to support businesses and improve compliance.…

Abu Dhabi Global Market (ADGM) has successfully expanded its jurisdiction to include Al Reem Island, integrating over 1,100 entities into its regulatory framework. This strategic move, formalised by UAE Cabinet Resolution No. 41 in April 2023, has significantly increased ADGM’s geographic footprint, positioning it as one of the world’s largest concentrated financial districts.

The UAE has stepped up its efforts to combat tax evasion, conducting 93,000 tax inspections…

Sharjah has introduced a new corporate tax for businesses involved in natural resource extraction and…

Abdullah bin Touq Al Marri, Minister of Economy, has forecasted a 5-6% growth in the…