Business

The Saudi government has introduced new tax incentives in an effort to entice multinational corporations to set up regional headquarters in the country.

Abu Dhabi Airports has recently disclosed an array of ambitious expansion initiatives for the Abu Dhabi Airport Free Zone (ADAFZ), encompassing the initial planning phase for the construction of Light Industrial Units (LIUs).

Saudi Arabia's prominent real estate developer, Dar Al Arkan, has revealed the introduction of Etoile by Elie Saab, marking the esteemed designer's inaugural branded residence in the Kingdom.

With the announcement of its fifth Saudi Arabian entertainment destination, SEVEN, a division of the Public Investment Fund (PIF), has reached a major milestone, as it is the first of its kind in the Aseer region.

Saudi Arabia's Ministry of Hajj and Umrah has initiated the application process for businesses aiming to obtain a license to offer services to external pilgrims. The move is part of a broader strategy to broaden service scope and enhance...

In Saudi Arabia, The Helicopter Company (THC), a division of the Public Investment Fund (PIF), is poised to achieve notable progress in its aviation undertakings. The company's recent announcement about the delivery of eighteen new aircraft in...

Currently, citizens of the GCC member countries are free to travel within the GCC bloc without a visa. However, it's important to keep in mind that most foreign nationals residing in these GCC countries typically require permits or visas in...

Saudi Arabia has reached a momentous milestone as its Gross Domestic Product (GDP) surpasses $1.1 trillion, solidifying its position in the global economic arena. This achievement marks a historic high in the kingdom's economic growth and...

In a remarkable streak of success, the UAE's domestic equity markets have seen four consecutive sessions of gains, amassing a total profit of $11.4 billion.

Saudi Health Systems Company, an affiliate of Maharah Human Resources Company, has successfully obtained a substantial government contract worth SAR 3.04 billion. This contract is anticipated to exert a considerable influence on the healthcare and...

By issuing dual-tranche bonds valued at $1.5 billion on the Abu Dhabi Securities Exchange (ADX), Taqa, the Abu Dhabi National Energy Company, has substantially broadened its funding options.

The Ministry of Hajj and Umrah announced multiple job openings for both sexes on the general employee ladder, under the contract system, in the Makkah Al-Mukarramah and Al-Madinah Al-Munawwarah districts on Thursday.

To the Most Noble Sheikh Ammar bin Humaid Al Nuaimi, the Crown Prince of Ajman, welcomed Radha Krishna, the Ambassador of Canada to the country, yesterday morning in his office in the Ajman Ruler's Court. Radha Krishna came to meet His Highness...

Participants from 170 countries have begun arriving in Abu Dhabi for the Annual Investment Meeting (AIM Global 2023), which is the leading investment platform for global investors and will launch its 12th edition on May 8 and 10 at the Abu Dhabi...

The African Export-Import Bank (AFREXIMBANK) is planning to construct an integrated complex in Egypt's new capital, which will house its largest headquarters on the African continent.