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Gulf Countries Race for Foreign Capital

Sovereign funds, foreign investments, oil companies’ low-profile borrowing or sales of shares, Gulf countries are in search of the winning martingale to attract foreign capital deemed essential for diversifying the regional economy when the oil windfall is exhausted. To prepare the initial public offering of the Dubai Electricity and Water Authority (DEWA), the ruler of the economic capital of the United Arab Emirates introduced the “road show” in person: “To invest in the DEWA is to invest (.)

Saudi arabiaUnited arab emiratesAr riyaAbu dhabiAbuz abyScott livermoreRashid al maktoumKhalid al falihMazen al sudairiSteve lutesHasnain malikSayed ali zakir naqviWater authorityUs chamberGulf cooperation councilPublic investment fund

UAE shrinks work week and shifts weekend

UAE shrinks work week and shifts weekend
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United arab emiratesUnited kingdomScott livermoreOxford economics middle eastWork weekFour day work week

UAE economy close to recovery from pandemic losses

The UAE economy is close to fully recovering losses brought about by the pandemic and last year s energy price slump, according to the latest Economic Insight report for the Middle East, commissioned by ICAEW.

United arab emiratesScott livermoreMichael armstrongTradearabia news serviceEconomic insightMiddle eastSouth asiaChief economistManaging directorOxford economics middle eastForeign direct investmentTradearabia newsRade arabiaIddle east trade newsCc business newsNdustry news

U A E adopts Western Monday to Friday workweek

Several countries in the Middle East have shifted their working week to align with the West to improve economic competitiveness.

Saudi arabiaUnited arab emiratesAr riyaScott livermoreDay workweekMuslim emirateOxford economics middle east

UAE announces 4 5-day workweek, Saturday-Sunday weekend – Voice Of Vienna

UAE announces 4 5-day workweek, Saturday-Sunday weekend – Voice Of Vienna
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