Economy

Two deposits of $1 billion each were maturing this month

The move comes after the parliamentarians failed to submit wealth statements

Located in JLT, building will feature NFT gallery, car dealership, exclusive club and offices for crypto startups

The Large Scale Manufacturing Index contracted to 1.25% during July to November

Dubai's real estate market achieved unprecedented growth in FY2024, with total transactions exceeding AED 450 billion.

The rise is driven by demand to power technologies such as artificial intelligence and data centers

Diesel price increased by PKR 2.61per liter, petrol by PKR 3.47

Cut-off yields across different tenors decreased by 19-56 basis points

The Statistical Centre for the Cooperation Council for the Arab Gulf States reports increased labor mobility among GCC member states.

The government has slashed tariff of charging stations by 44%

PAK MART introduced for Pakistani businesses in Dubai

Tax collection on electricity bills surged 30% to PKR 124 billion

The 10-year framework will focus on six key development areas, including reducing child stunting and mitigating climate change

New tariff system aims to boost industrial growth and exports

The government has so far revised 28 agreements with IPPs

Millat Tractors record highest monthly sales in seven years

Lower interest rates and new car models lead to increased growth

This is cheaper than existing commercial and industrial rates