Sharjah’s trading sector was the most significant contributor to GDP at 23.8 percent, followed by construction and real estate, among other sectors, according to data from the emirate’s Department of Statistics and Community Development
business activities
business activities
e-Trader licences in Dubai climb to 18,013 marking emergence of e-commerce as a key economic activity
e-Trader licences enables start-ups and freelancers in Dubai to conduct business activities online and across social networking accounts
Ambiguity
Fire from ice: The case for building organisational anti-fragility
Anti-fragility is not a fantasy but a reality and a possibility, developing it allows us to convert crisis into opportunity
Borderless Business
Middle East companies with an ASEAN focus upbeat about business growth in the region
Malaysia, Singapore, and Indonesia are the most attractive expansion destinations for regional corporates, new report reveals
Abu Dhabi
Abu Dhabi sees 21.5 percent jump in issued economic licenses as foreign investors show increased appetite
New licenses for foreign investors grew from 6 in 2020 to 273 in 2021
Abu Dhabi
Abu Dhabi sees non-oil real GDP grow by 4.1 percent in 2021 as sectors hit by Covid-19 make a robust recovery
Non-oil activities contributed to 49.7 percent of Abu Dhabi’s real GDP in 2021, showcasing the emirate’s remarkable progress in diversifying its economy
Abu Dhabi
talabat UAE reports more than 60% increase in orders, over 2 million app downloads in 2021
In terms of non-food orders in 2021, the business results were driven by a growth of more than 100%, with talabat Mart (tMart) – talabat’s own q-commerce and dark store concept – witnessing a growth of more than 70% in orders
business activities
Consumer confidence in UAE private sector, Saudi economy hits 12-month high
The uptick was largely propelled by the trickle-down effect of higher oil prices, tourism activity driven by the enthusiasm around Expo 2020, and a series of public IPOs issued for the Saudi Arabia’s key infrastructure projects
business activities
UAE non-oil exports sets new record, hits $96bn for first time in its history
The total value of the UAE’s non-oil foreign trade climbed 27% year-on-year to $517.27bn (AED1.9tn) in 2021, showcasing consistent growth across all areas of trade, including exports, imports, and re-exports
business activities
Ras Al Khaimah offered $1.9m in economic stimulus to combat Covid-19 slump
The package was introduced to ease the financial burden of the pandemic
business activities
DMCC records best year since inception, registering nearly 2,500 companies in 2021
A total of over 20,000 member companies are now registered in the free zone
business activities
Dubai’s new business rises sharply again in November
Despite robust sales growth, which climbed to its highest rate in 28 months, job numbers in the emirate’s non-oil sector fell marginally for the first time in six months
business activities
UAE business activity quickens as Dubai Expo spurs tourism
Significant expansion in non-oil private sector driven by a faster increase in output and new orders
business activities
UAE non-oil foreign trade grows 27% to $245bn in H1
Study by the Ministry of Economy on the preliminary data of non-oil foreign trade activities revealed that the value of the UAE’s gold exports exceeded 19.1bn in H1 2021
business activities
Middle East companies already feeling heat from climate change
Latest report from HSBC reveals 97 percent of issuers in the region said they had increased the attention that they pay to environmental and social issues over the past year
business activities
Middle East companies to focus on ‘quarter-to-quarter’ approach for faster recovery
A ‘distributed leadership model’ is the key element for companies in MENA and globally to recover their businesses rapidly and effectively post-pandemic, according to research from EMA Partners
business activities
Saudi private sector shrinks as Covid-19 recovery wobbles
Private sector accounted for 48 percent of economic output, compared to nearly 52 percent in the previous three-month period