OPEC has stressed the need for adequate investments in the oil industry to ensure energy security
The Organization of the Petroleum Exporting Countries (OPEC) has stressed the need for adequate investments in the oil industry to ensure energy security. According to OPEC, the oi
The United Arab Emirates (UAE) has been rated as the world’s second most economically stable country
The United Arab Emirates (UAE) has been rated as the world’s second most economically stable country, according to the latest World Economic Forum (WEF) Global Competitivenes
Maktoum bin Mohammed announces Ministry of Finance Strategic Plan 2023-2026
The UAE Ministry of Finance has announced a four-year strategic plan that will serve as a roadmap to accelerate government performance through financial empowerment, innovation, fu
MEP Awards 2023: Shortlist Revealed
the shortlist for the MEP Awards 2023 has been revealed. The awards, which are organized by the Construction Business News Middle East (CBNME), recognize excellence in the mechanic
UAE: Income of Free Zone Businesses Subject to Zero Per Cent Tax, But With Conditions
The United Arab Emirates (UAE) has introduced a new corporate tax regime, which came into effect on 1 June 2023. The standard corporate tax rate is 9%, but businesses operating in
Heriot-Watt University launches Dubai Solar Test Site for companies in UK and beyond
Heriot-Watt University has launched a Dubai Solar Test Site for companies in the UK and beyond. The site is located on the university’s campus in Dubai and is equipped with s
Indana Steel to embark on Gulf expansion
Indana Steel is planning to expand its operations in the Gulf region. The company is a leading manufacturer of flange guards and spray shields, and its products are used in a varie
UAE real estate market shows strong growth in the first quarter of 2022
According to market analysts, real estate market activity in Abu Dhabi and Dubai remained high in the first three months of 2022 amid a number of government initiatives, economic g
