Business & Management

The UAE maintains positive economic growth

dubai smarkoThe UAE’s minister of economy said that preliminary estimates issued by the Federal Competitiveness and Statistics Authority (FCSA) indicate growth in the economic performance of the country in general; which came as a result of growth in oil resources and rise in international oil prices and growth in non-oil sectors

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Dubai FDI named UAE's top investment promotion agency

FDI AlBoomDubai FDI has won the first-ever ‘Top Investment Promotion Agencies Africa & Middle East – Regional’

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UAE changes visa rules to attract global investors

sheikhmo1In line with the UAE’s position as a primary destination for international investors and a global talents, the UAE Cabinet, chaired by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has adopted a new system of entry visas for investors and professional talents providing them with a long-term visa for up to 10 years

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GIB capital advises Saudi Tabreed on the investment by IDB infrastructure fund II

FundIIGIB Capital, the investment banking subsidiary of Gulf International Bank (GIB), has advised Saudi Tabreed District Cooling Company on the private placement of a significant minority stake in Saudi Tabreed to IDB Infrastructure Fund II

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Moody's expects Saudi spending cuts to slow non-hydrocarbon GDP growth

MBS 1Rating agency Moody's said that Saudi Arabia's efforts to reign in spending would slow the growth of its non-hydrocarbon sector, seen as an important step in diversifying the economy away from oil revenues

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