In 2016, the country secured a total of $280 million of foreign inward investment from 40 new companies. (File photo)
March 29, 2017 - 07:00 GMT
Bahrain’s burgeoning business environment continues to create foreign investment opportunities.
The UAE is still on track to implement VAT from January 1, 2018.
March 29, 2017 - 06:00 GMT
The first sale of new residential property in the UAE will be subject to the zero rate of VAT.
Emirates airline mulls the possibility of providing government-approved laptops as a way to cushion the blow from the US electronics ban. (File photo)
March 28, 2017 - 16:37 GMT
Emirates considers loaning laptops to passengers to soften the blow from the US electronics ban.
With a population expected to double in the next 50 years, Egypt is expected to face serious water and energy shortages by 2025. (File photo)
March 28, 2017 - 15:55 GMT
The ongoing reduction in Egypt’s Nile water may subject the country to water and energy shortages by 2025.
Oman cracks down on private health clinics. (File photo)
March 28, 2017 - 14:25 GMT
More than 100 private health clinics were warned and fined for breaching regulations in Oman and 12 were shut down.
The project seeks to accelerate revolutionary additive design, customer innovation, and digital manufacturing technologies. (File photo)
March 28, 2017 - 13:49 GMT
Mubadala Development Company, the Dubai Future Foundation and GE Additive announced the establishment of the first microfactory in the region.
Exclusive offers await technology enthusiasts at GITEX Shopper 2017. (File photo)
March 28, 2017 - 12:09 GMT
GITEX Shopper 2017 will take place from 29 March-1 April at the Dubai World Trade Centre.'s CEO, Ronaldo Mouchawar.
March 28, 2017 - 10:55 GMT
Amazon today announced that it has reached an agreement to acquire UAE's e-commerce giant for an undisclosed sum.
Saudi Arabia's Energy Minister Khalid Al-Falih during a meeting between members of the OPEC in 2016. (AFP)
March 28, 2017 - 10:11 GMT
Saudi Arabia said it cut taxes on oil companies to attract investments in its energy giant Saudi Aramco ahead of IPO.
Greek investments will help back Egypt's declining economy. (Wikimedia)
March 28, 2017 - 09:40 GMT
The Ambassador of Greece to Cairo said that the volume of Greek investments in Egypt was about $1 billion euros for the last fiscal year.
IDB will spend $86 million for the expansion of the Tripoli port in Lebanon. (File photo)
March 28, 2017 - 07:00 GMT
The Saudi Arabia-based Islamic Development Bank (IDB) has approved $715 million in funding for development projects in three countries.
Indian tourists to the UAE reign supreme. (Pexels)
March 28, 2017 - 06:00 GMT
In both Dubai and Abu Dhabi, India was the top performing source market in 2016.
There are potentially 1,000 cars that might be included in the Nissan recall in the UAE. (File photo)
March 27, 2017 - 17:00 GMT
Hundreds of Nissan car owners in the UAE will be affected by the worldwide recall of 56,000 vehicles.
BP will own 100% of the new gas field. (File photo)
March 27, 2017 - 15:00 GMT
British Petroleum (BP) announced its third natural gas discovery in the North Damietta marine concession area in Egypt.
The US dollar index slipped to 99.05 points on Monday, its lowest reading since last November’s American presidential election. (File photo)
March 27, 2017 - 14:32 GMT
The US dollar versus Turkish lira rate dipped in early trading on Monday after Trump's administration failed to pass a new healthcare bill.
The US bird flu outbreak is believed to have begun on March 1. (Pixabay)
March 27, 2017 - 14:00 GMT
Saudi Arabia has banned the import of poultry from the US state of Tennessee and Malaysia over concerns of bird flu.