Non-oil exports were up 8 percent at AED180 billion in the same period, while non-oil imports jumped 19 percent to AED580 billion |
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| Nearly 27 percent of value of all transactions in the region is done at the Abu Dhabi Exchange, says an Arab Monetary Fund report |
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| Globally, the aviation sector will be short by 80,000 pilots by 2032, according to consulting firm Oliver Wyman, adding the Middle East could be one of the first regions to be affected |
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| When it happens, Al Ansari follows a spate of companies staging IPOs in Dubai and the wider Arabian Gulf. Recent IPOs in the UAE include those of TECOM Group and Union Coop |
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| Tamara will use the funds to introduce new services and products, as well as to expand to new markets |
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The Dubai FDI growth happens on the back of a wider recovery in global FDI projects, which data showed surging 18 percent in 2021 |
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| The five-island development, formerly called Deira Islands, aligns with the UAE’s ongoing push to be a global destination of choice for residents and investors |
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| Foreign investments into Bahrain have been seeing a surge of late, with the country receiving $1.77 billion overseas investments in 2021, a jump of 73 percent from that in 2020 |
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| The 90-day renovation project included resurfacing and widening of the runway to accommodate wide-body aircrafts |
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| The country’s port sector also won laurels last year with the King Abdullah Port topping global ports at the container performance index, while the Jeddah Islamic Port got ranked eighth globally |
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Chartered accountants will be crucial to safeguarding businesses, indentifying risks, and navigating the red tape in this ever-changing landscape |
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