On 30 September, the UAE Cabinet approved a 17.3 per cent rise in the UAE Federal budget for 2019 compared to this year. (Image source: Paolo Rosa)
The introduction of value-added tax (VAT) will substantially strengthen and diversify the UAE government revenues in the coming years, according to a recent statement released by the International Monetary Fund (IMF)
HH Sheikh Mohammed chairing the UAE Budget 2019 session. (Image source: WAM)
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai, has approved a zero-deficit federal budget of US$49bn for the next three years (2019-2021)
Alimak Triple X Mammoth system. (Image source: Alimak)
Sweden-based Alimak Group has decided to drop the Hek from the product brand Alimak Hek and to launch a new brand ? Alimak Service, to cover the offerings of the after-sales business area
By committing to high-level global initiatives such as the UNGC, DMCC seeks to encourage companies to similarly transform their business models to serve societal needs. (Image source: Dubai Media Office)
DMCC, premier free zone in Dubai, announced the launch of its first sustainability report, as part of its commitment to the United Nations Global Compact (UNGC)
The IMF report also predicted a strengthening of Riyadh?s state finances because of higher oil and non-oil revenues. (Image source: Peter Dowley/Flickr)
Saudi Arabia is moving ahead with economic reforms and growth in its non-oil economy will pick up this year despite any delay to a planned sale of shares in national oil giant Saudi Aramco, a senior International Monetary Fund (IMF) official said
