3,820 recoveries have been reported in last 24 hours ABU DHABI - The Ministry of Health and Prevention (MoHAP) announced that it conducted 140,477 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the Ministry...

UAE capital posts lowest crime rate among more than 400 cities worldwide Abu Dhabi has further cemented its position as one of the world’s most ideal place to be for investors, expatriates and tourists, having ranked as the safest city for the fifth consecutive year, according to a new...

Fall in rents and decline in costs of education, transport etc. made UAE more affordable in the year of the pandemic The UAE has become more affordable in 2021 due to consistent decline in rent, property prices and cost of education, transportation and dining out, among others....

Dubai Economy also closes two fitness gyms A department store in Dubai has just been ordered to shut down after it was found to be violating the state-mandated social distancing guidelines, the Dubai Economy reported on Sunday. At least two fitness gyms also received a closure...

The appointment of Moelis & Company will lead to swift re-opening of UAE Exchange, the Abu Dhabi-based remittance house, whose branches have been closed since March 2020 Moelis & Company has been appointed by a consortium that includes Israel’s Prism Group and Abu Dhabi’s Royal...

The top three areas in terms of sales volume were MBR City, Downtown Dubai, and Palm Jumeirah Dubai’s prime residential market recorded Dh29.54 billion worth of transactions in 2020 notwithstanding the challenges posed by the pandemic. Last year, transactions of more than 10,557...

UAE non-oil trade showed strong resilience in the face of economic obstacles in 2018 and 2019 The UAE non-oil trade will post strong double-digit growth up to 12.9 per cent this year sue to an expected uptick in maritime transport activity and other positive global economic trends,...

UAE’s tourism and travel sectors had been impacted by the ongoing global pandemic The United Arab Emirates supports plans by nations throughout the Asian region to restart their tourism and travel sectors safely and with proper protocols in place, Ahmed Al Sayegh, UAE Minister of...

The UAE Public Prosecution published clarifications about the crime of money laundering on its social media accounts. It is part of its keenness to enhance the legal culture among all members of society, and raise the level of public awareness of the laws. President His Highness Sheikh...

The growth accounts for 8.3% of the total loans providers by UAE banks in the reference period ABU DHABI - Credit facilities provided by UAE national banks to non-resident clients rose by AED19.7 bn from January to November 2020, statistics by the Central Bank of the United Arab...