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Abu Dhabi-based artificial intelligence Group 42 (G42) said it has signed an agreement with Israel’s state-owned Rafael Advanced Defense Systems to form a joint...
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Abu Dhabi-based artificial intelligence Group 42 (G42) said it has signed an agreement with Israel’s state-owned Rafael Advanced Defense Systems to form a joint...
The UAE central bank has decided to extend until the end of 2021 zero-cost facilities of 50 billion dirhams ($13.6 billion). The decision comes...
The United Arab Emirates cabinet approved a new system allowing remote workers to reside in the Gulf state while working for employers abroad. Remote...
Chinese imports of Omani crude oil increased by 30% and the UAE by 61% in January and February, compared to the same period in...
Gulf economic recovery from the Coronavirus will be slow, which will negatively affect the banking sector, Standard & Poor’s (S&P) credit ratings agency has...
Social media influencers and artists in the UAE must pay value-added tax (VAT) on the services they provide, the UAE’s Federal Tax Authority (FTA)...
DP World, in partnership with the Caisse de dépôt et placement du Québec (CDPQ), has embarked on an investment in the Gresik region of...
The coronavirus pandemic has affected the non-oil private sector in Saudi Arabia, the United Arab Emirates (UAE) and Egypt during February, said IHS Markit....
The Coronavirus and its repercussions have caused UAE banks’ profits during 2020 to decline compared to the previous year. Banks all over the country...
A specialized international report revealed that asset quality risks threaten the UAE banks viability ratings. Fitch credit rating agency said the escalating risks of...