by Vasu Jit Kalia | July 30, 2024 | Economy
Dubai Financial Market (DFM) performed exceptionally well by posting a net profit before tax of Dh195.4 million for the six months ended June 30, 2024. There was a significant 74 per cent increase over last year, an increase seen in trading activity, higher trade...
by Jennifer George | July 30, 2024 | Economy, News
The US is treading a flimsy fiscal line on the verge of snapping as its national debt surpasses $35 trillion. Since its inception, the United States of America has suffered from terribly high debt, owing upwards of $75 million to France and domestic investors during...
by Jennifer George | July 29, 2024 | Economy, Industry, News
According to the Dubai Department of Economy and Tourism (DET), the UAE has welcomed 9.31 million overnight travelers in the first half of 2024. This marks a 9% increase in the footfall in the nation, compared to 8.55 million in 2023. Dubai’s robust tourism...
by Jennifer George | July 26, 2024 | Economy
In an effort to transform and position the UAE as a global business hub, the Securities and Commodities Authority (SCA) issued a decision regulating special purpose vehicles (SPVs) as part of its ongoing efforts to enhance the regulatory framework of the securities...
by Vasu Jit Kalia | July 24, 2024 | Economy
Korea’s small-and medium-sized enterprises (SMEs) saw an increased exports of 4.4 percent in the first half from a year earlier, driven by the strong performance of the cosmetics sector, as per the data available on Wednesday. Outbound shipments by 77,078 SMEs...
by Jennifer George | July 24, 2024 | Breaking, Economy, News
The UAE has entered the league of the ten most powerful passports in the world, based on a new update on the Henley Passport Index. The UAE rose 53 places since the inception of the list in 2006, which consists of 152 countries across the globe. Henley & Partners...
