Business & Money | Tuesday 6 June, 2023 9:19 am

Cost of Living Adjusts in UAE Amid Rapid Economic Growth, Mercer 2023 Report Shows

Mercer’s Cost of Living 2023 survey released today paints a comprehensive picture of global affordability, with Dubai and Abu Dhabi moving up in the rankings to the 18th and 43rd spots respectively. However, the UAE continues to showcase robust economic growth and resilience despite these...

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Business & Money | Monday 5 June, 2023 1:50 pm

RAKEZ Traders District opens doors to thousands of local and global traders

Ras Al Khaimah Economic Zone (RAKEZ) has announced the launch of Traders District to support the thousands of traders thriving in its business ecosystem. Traders District is a dedicated community designed to offer traders a host of benefits, including business set-up solutions, simplified access to ...

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Business & Money | Monday 5 June, 2023 12:06 pm

TMF Group expands into Kingdom of Saudi Arabia by acquiring PROVEN’s corporate services business

TMF Group, a leading provider of compliance and administrative services, today announced the acquisition of the Business Process Outsourcing (BPO), corporate services, corporate immigration and visa services divisions of PROVEN, a leading business outsourcing organisation in the Middle...

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Business & Money | Monday 5 June, 2023 10:59 am

DUBAI SOUTH PROPERTIES APPOINTS GINCO GENERAL CONTRACTING TO DEVELOP SOUTH BAY

Dubai South Properties announced the appointment of Ginco General Contracting for a significant contract valued at AED 1 billion for the development of the initial phases of South Bay, the master development located in the heart of The Residential District within Dubai South...

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Business & Money | Monday 5 June, 2023 10:45 am

Saudi Arabia’s TGA Presents at UITP Global Public Transport Summit

Barcelona, June 05, 2023, SPA -- The International Association of Public Transport (UITP) inaugurated on Sunday in Barcelona, Spain, the UITP Global Public Transport Summit, with the participation of the Kingdom of Saudi Arabia’s Transport General Authority (TGA). The TGA was represented at...

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Business & Money | Monday 5 June, 2023 10:09 am

Digital Revolution in the MENA Job Market: 90% of Companies Set to Embrace Online Recruitment and Virtual Technologies

A new survey by Bayt.com, the Middle East's #1 job site, reveals a significant shift towards online recruitment solutions and virtual technologies in the Middle East and North Africa job market. According to the Recruitment Practices in the MENA Poll 2023, 93% of respondents plan to use an online...

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Business & Money | Monday 5 June, 2023 9:57 am

Elm in initial talks to acquire PIF stake in Thiqah

Elm Co. is in preliminary talks with Thiqah Business Services Co. to buy Public Investment Fund’s (PIF) entire ownership in Thiqah, the Tadawul-listed firm said in a statement. These talks do not imply that the acquisition deal will be concluded, it added. An agreement between both...

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Business & Money | Monday 5 June, 2023 9:32 am

Sharakah participates in 32nd edition of COMEX 2023, with focus on tech sector SME development

MUSCAT: Sharakah, the leading entrepreneurship development company in Oman, recently took part in the 32nd edition of COMEX 2023, a highly regarded event organised by OITE in collaboration with the Ministry of Transport, Communications, and Information Technology, as well as the Oman Vision...

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Business & Money | Sunday 4 June, 2023 3:41 pm

Deloitte announces Hadeel Biyari as its first Saudi Indirect Tax Partner

Deloitte announced the admission of Hadeel Biyari to partnership, making her the first Saudi Indirect Tax Partner at Deloitte and in the Saudi market.    Hadeel’s appointment reinforces Deloitte’s commitment to provide an array of specialized tax services to its clients in...

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Business & Money | Sunday 4 June, 2023 11:07 am

Nafisa Shams Celebrate a Milestone: One Million Locally Made Artisanal Products

On June 1, Nafisa Shams Company celebrated the production of one million products, marking a significant milestone since its establishment in 2008. The event was held at the Company’s headquarters in Jeddah, highlighting the accomplishments of Saudi women who have been part of the organisation...

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