Tag: Economy
Women play critical role in socio-economic growth of UAE; Dubai Customs
Dubai Custom’s Director General HE Ahmed Mahboob Musabih has stated that women play an important role in the social and economic development of the...
Qatar’s GDP is predicted to expand by 2.2% in 2021; MoF
Qatar’s Ministry of Finance (MoF) has revealed that the country's economy is predicted to recover from the COVID-19 pandemic in 2021, with real GDP...
Egypt receives $282mn loan from Arab Monetary Fund to support economy
Arab Monetary Fund (AMF) has provided the second tranche of the loan of $282 million to Egypt within the framework of the Structural Adjustment...
Abu Dhabi’s ADDED to issue professional licenses that allow 100% foreign...
The Abu Dhabi Department of Economic Development (ADDED) is introducing a professional license that will allow foreigners full ownership of businesses related to 604...
Oman to generate 60% of its electricity from renewable sources; Report
Oman aims to meet 60 percent of its national energy demands from renewables, such as solar and wind turbines by 2040, as part of...
Dubai Free Zones Council explores strategic initiatives to support startups &...
The Dubai Free Zones Council (DFZ Council) has discussed the strategic initiatives that support Dubai-based startups and SMEs in collaboration with business accelerators to...
Global insurance sector recovery will be speedier & robust than in...
Switzerland-based leading reinsurance company Swiss Re’s chief economist Mr. Thomas Holzheu has revealed that despite difficulties such as low-interest rates and inflation risk, the...
IMF approves $650bn expansion to combat COVID-19 pandemic
The International Monetary Fund's (IMF) executive board has agreed to a $650 billion expansion in resources to help economically weak countries to combat the...
