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UAE leads GCC in FDI inflows and outflows in 2022The UAE led the GCC region in FDI inflows in 2022, attracting $22.73 billion, representing a 10% y/y increase. The UAE has also led the GCC region in FDI outflows in 2022, deploying $24.83 billion in inve More… |
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UAE leads GCC in FDI inflows and outflows in 2022The UAE led the GCC region in FDI inflows in 2022, attracting $22.73 billion, representing a 10% y/y increase. The UAE has also led the GCC region in FDI outflows in 2022, deploying $24.83 billion in inve More… |
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UAE attracts record $23bn FDI inflows in 2022; up 10%The UAE attracted $23 billion in foreign direct investment (FDI) in 2022, a 10% rise on 2021 and the highest figure ever recorded by the country in a single year, putting it 16th in the global rankings for FDI attraction, up six places over 2021 More… |
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UAE attracts record $23 billion FDI inflows in 2022The UAE attracted $23 billion in foreign direct investment (FDI) in 2022, a 10% rise on 2021 and the highest figure ever recorded by the country in a single year, putting it 16th in the global rankings for FDI attraction, up six places over 2021 More… |
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Qatar Airways net profit tops $1.2bn during fiscal 2022/23Qatar Airways Group has reported a net profit of QR4.4 billion ($1.21 billion) during the fiscal year 2022/23, reflecting its successful strategy during an extraordinary year for the Group as Fifa’s official airline partner. More… |
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UAE welcomes five million Indian visitors in 2022The UAE welcomed nearly five million Indian visitors in 2022, while the number of Emirati visitors to India reached nearly 58,000, said the UAE Minister of Economy, noting that India’s role as a major tourism source market for the UAE. More… |
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DAE publishes its 2022 ESG reportDubai Aerospace Enterprise (DAE) has announced the publication of its third annual Environmental, Social, and Governance (ESG) Report, for the year ended December 31, 2022, covering both DAE Capital and DAE Engineering. The report More… |
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Dubai receives 674,000 medical tourists in 2022Dubai saw remarkable growth in medical tourism in 2022 with 674,000 medical tourists spending AED992 million ($270 million) in the year, an increase of AED262 million from 2021. Thirty-nine percent of the medical tourists who came More… |
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UAE’s National Bonds rake in $3.7bn with 15% growth in 2022National Bonds, the UAE’s Shari’a-compliant savings and investment company, saw another strong year soaring to an investment portfolio of AED13.7 billion ($3.7 billion) in 2022, higher by 15% compared to the previous year. More… |
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Jazeera Airways declares 50% dividend for H2The shareholders of Jazeera Airways have approved the Board of Directors’ recommendation to distribute cash dividends of 50% of its capital which is 50 fils per share, a total of KD11 million ($35.8 million) for the second half of 2022. More… |
