|UAE's self-employment leave: Taking a sabbatical to start your business? Eligibility, salary, notice period; all you need to know
Starting January 2, 2023, the UAE government implemented the Entrepreneurship Leave for self-employment in the country. This year-long sabbatical leave will be granted to UAE citizens working in the government sector who wish to start their business ventures.
|Abu Dhabi, Dubai, Sharjah and Ajman listed among 10 safest cities in the world
Abu Dhabi has been ranked first as Ajman made it to the fourth place in a list of the 10 safest cities in the world, according to a report by numbeo.com for the year 2023.
|Tax experts expect more HNWIs to invest in Dubai
Tax experts on Thursday welcomed the Dubai Economic Agenda announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai and said it will help attract more high net worth individuals (HNWIs) to explore investment opportunities in the emirate.
|An empowering vision for entrepreneurs and business leaders
The Dubai Economic Agenda, or D33, is quite empowering for entrepreneurs as well as business leaders and it will drive the future growth of the emirate and attract more foreign investment inflows into the UAE, corporate leaders and businessmen say.
|Data firms to receive a sustainability boost thanks to Saudi agreement with Clarity AI
Saudi firms are set to receive a boost in sustainable business practices thanks to an agreement between the Kingdom’s Ministry of Economy and Planning and technology platform Clarity AI.
|Capital Market Authority approves amended prudential rules for Saudi Arabia
Saudi Arabia’s Capital Market Authority has signed off on new rules aimed at attracting more investment into the Kingdom’s economy.
|Saudi Arabia, Sweden to bolster trade relations with joint economic action plan
Saudi Arabia is in talks with Sweden to develop a joint economic action plan for 2023 to bolster trade and investment relations between the two countries.
|Saudi Aramco’s Q4 earnings likely to decline due to weak oil prices: Al Rajhi Capital
Energy giant Saudi Arabian Oil Co.’s net profit in the fourth quarter of 2022 is expected to drop to SR146 billion ($38 billion), down 6.3 percent from the previous quarter, according to Al Rajhi Capital.