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Tag: United Arab Emirates

Posted on May 6, 2023

UAE non-oil business activity surges in April on new business strength

An acceleration in the growth of new orders led to a surge in non-oil business activity in the United Arab Emirates in April, a business survey showed on Wednesday.
Posted on May 4, 2023

UAE central bank raises base rate on overnight deposit facility by 25 basis points

The central bank of the United Arab Emirates on Wednesday said it would raise the base rate on its Overnight Deposit Facility by 25 basis points to 5.15%, from 4.90%, effective Thursday.
Posted on May 4, 2023

UAE central bank raises base rate on overnight deposit facility by 25 basis points

The central bank of the United Arab Emirates on Wednesday said it would raise the base rate on its Overnight Deposit Facility by 25 basis points to 5.15%, from 4.90%, effective Thursday.
Posted on April 30, 2023

Senate panel advances US ambassador nominees to UAE, Kuwait

The Foreign Relations Committee cleared the nominations for Karen Sasahara and Martina Anna Tkadlec Strong as US ambassadors to Kuwait and the United Arab Emirates, respectively.
Posted on April 29, 2023

Imminent corporate tax not a burden for Indian businesses in UAE

Even if a new corporate tax is being introduced in United Arab Emirates after June 1 this year, NRI businesses in the gulf nation remain optimistic about the growth of business transactions between …
Posted on April 29, 2023

UAE stocks close higher on strong corporate earnings

Stock markets in the United Arab Emirates closed higher on Friday, as a slew of strong corporate earnings lifted market sentiments despite lingering worries over an economic slowdown.
Posted on April 28, 2023

Binghatti: A Visible Force in UAE’s Modern Architectural Landscape

The United Arab Emirates, once a land of nomads, small ports, and fishing villages, has undergone an incredible transformation. It was home to a population living in barasti huts made of …

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Posted on April 28, 2023

Wynn Resorts reveals renderings, name of UAE resort

Wynn Resorts Ltd. on Thursday unveiled renderings and the name of its planned casino resort in the United Arab Emirates, which one analyst described as “one of the most exciting growth …

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Posted on April 28, 2023

Indian firms are flocking to the United Arab Emirates

Rather than serving merely as an ethnic enclave, the Meena Bazaar is the visible tip of a vast, growing network of Indian businesses—one that includes many of the most important companies in the …
Posted on April 27, 2023

India to invite fresh bids for import quotas for UAE gold

India’s government said on Thursday it will invite fresh bids for quotas to import gold from the United Arab Emirates (UAE) with a concessional duty agreed under a trade pact between the two countries …

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