Dubai PMI slows in January: Emirates NBD Research
The S&P Global PMI (Purchasing Managers’ Index) survey for Dubai slipped to 56.6 in January, exactly level with the UAE survey released earlier in the week. For Dubai, this marked […]
RAK Ceramics FY 2023 net profit up 3.7pc to $87.4m
RAK Ceramics, one of the largest ceramics lifestyle solutions providers in the world, has seen its 2023 net profit rise 3.7% to AED320.9 million, but its revenue declined 1.7% to […]
Dubai Chamber to back global expansion of UAE entrepreneurs
Dubai International Chamber has held a meeting with UAE entrepreneurs to showcase the chamber’s numerous bespoke programmes aimed at supporting the global expansion of UAE businesses. The meeting, which was […]
DMCC sees 10pc surge in US companies in 2023
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – successfully concluded its most recent Made for Trade Live tour of the […]
OECD’s free zone tax review ‘to boost UAE’s competitiveness’
The UAE Ministry of Finance has announced that the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the country’s Free […]
Aramex Q4 2023 net profit doubles to $21m
Aramex, a leading global provider of logistics and transportation solutions has seen its fourth-quarter (Q4) 2023 net profit more than doubled to AED77 million ($21 million) compared to Q4 2022, […]