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Grant Thornton UAE Expands Presence with New Office in Sharjah
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Grant Thornton UAE Expands Presence with New Office in Sharjah

Grant Thornton UAE, a prominent financial services firm, has officially opened a new office in Sharjah. This expansion marks a significant milestone in the company’s growth journey and demonstrates its commitment to serving clients in the Northern Emirates and across the UAE. According to WAM, the opening ceremony featured key figures such as Walid Al...

ADQ and SCIC Sign MoU to Enhance Investment Collaboration in Vietnam
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ADQ and SCIC Sign MoU to Enhance Investment Collaboration in Vietnam

The Abu Dhabi Developmental Holding Company (ADQ) has partnered with the State Capital Investment Corporation (SCIC), a sovereign wealth fund owned by the Government of Vietnam. They have signed a Memorandum of Understanding aimed at creating a framework for collaboration in key sectors of mutual interest within Vietnam. This partnership seeks to identify and assess...

UAE's Foreign Trade Reaches Historic Dh3 Trillion Mark
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UAE’s Foreign Trade Reaches Historic Dh3 Trillion Mark

For the first time, the UAE’s foreign trade has reached an impressive Dh3 trillion by the end of 2024, as announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. He described this achievement as a “historic milestone” in a post on X. Sheikh Mohammed highlighted...

Sheikh Maktoum Meets Nestlé CEO to Discuss Economic Growth
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Sheikh Maktoum Meets Nestlé CEO to Discuss Economic Growth

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, held a meeting with Laurent Freixe, CEO of Nestlé, at his office in Dubai. Nestlé, as the world’s largest food and beverage company, was at the center of discussions aimed at enhancing economic cooperation. During...

UAE Job Market Projected to Offer Four Percent Salary Increase in 2025
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UAE Job Market Projected to Offer Four Percent Salary Increase in 2025

A recent study by TASC reveals that overall salaries in the UAE are expected to rise by four percent across all industries in 2025. This increase is particularly notable for professionals working in high-growth sectors such as artificial intelligence (AI), data science, and cybersecurity, where salary hikes will be more significant. The report says that...

UAE's Economy to Grow 4% in 2025, Says IMF
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UAE’s Economy to Grow 4% in 2025, Says IMF

The International Monetary Fund (IMF) has projected strong economic growth for the UAE, forecasting a 4% increase in 2025 despite reduced oil production under OPEC+ agreements. In a recent statement following its staff visit, the IMF highlighted the UAE’s focus on non-hydrocarbon sectors, which are thriving thanks to tourism, construction, and public spending. Financial services...

UAE-Kuwait Week Set to Strengthen Economic Ties in Dubai
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UAE-Kuwait Week Set to Strengthen Economic Ties in Dubai

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the inaugural UAE-Kuwait Week will take place in Dubai from February 3 to 4, 2025. This event aims to enhance strategic economic and trade ties between the United Arab Emirates and Kuwait while identifying new...