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Economy

Non-oil focus fuels optimism for Saudi, UAE startups, investors amid global slump

the financial - 3 August, 2023

Startups in the UAE and Saudi Arabia are weathering the effects of a global economic downturn and adapting to the changing needs of consumers,...

Economy

UAE government revenue reaches Dh115.6 billion, expenses at Dh92.5 billion in Q1 2023

the financial - 3 August, 2023

Abu Dhabi: The UAE government’s revenues in the first quarter of 2023 stood at Dh115.6 billion, while expenditures totalled Dh92.5 billion, the Ministry of...

Technology

WhatsApp rolling out channels to more countries

the financial - 3 August, 2023

San Francisco: Meta-owned messaging platform WhatsApp on Tuesday announced that it is rolling out channels to more countries. The company made the announcement on Twitter...

Business

UAE: New discount markets, price controls, dollar peg; how the country managed to rein in inflation amidst global turmoil

the financial - 3 August, 2023

Inflation in the UAE and Saudi Arabia was low despite global turmoil, thanks to government-imposed price controls, the dirham’s peg to the dollar and...

Technology

Soon, AI tech will monitor UAE waters to prevent drowning incidents

the financial - 3 August, 2023

Soon, cameras put up on UAE beaches will be equipped with a new artificial intelligence-based technology that can help lifeguards monitor swimmers and identify...

Economy

Two major agreements announced at UAE-Turkey Business Forum

the financial - 3 August, 2023

Two major agreements announced at the UAE-Turkey Business Forum held recently in Abu Dhabi were set to provide a boost to UAE-Turkey investment across...

Economy

Dubai tops in attracting FDI projects in cultural, creative industries; surpasses London, Paris, Berlin

the financial - 3 August, 2023

Dubai attracted a record 451 projects in the cultural and creative industries in 2022, an impressive increase of 107.7 per cent from the previous...

Technology

Dubai: Al-Futtaim Group embarks on digital transformation

the financial - 3 August, 2023

Dubai-headquartered Al-Futtaim Group has embarked on a digital transformation journey, aiming to become data-driven intelligent organisation, that is adaptive to the evolving needs of...

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