Recovery will hinge on improvement in tourism, oil prices The UAE is likely to see a V-shaped recovery this year, as the economy emerges from the impact of the COVID-19 pandemic, according to a report issued by First Abu Dhabi Bank (FAB) on Tuesday. The recovery will hinge on...

Sentiment fueled by expectations of improved personal finances: Dubai Economy Consumer sentiment in Dubai has soared to a near four-year high recently, driven by an increase of residents’ outlook for their personal finances, according to the latest report from the Dubai Economy....

The draft law aims to protect industrial property rights and regulate their registration, use, exploitation and waivers ABU DHABI: During the fifth session of the second ordinary term of its 17th legislative chapter, the Federal National Council (FNC) approved a draft federal law on...

The growth is reflective of the successful business continuity and disaster recovery plans adopted by the UAE ABU DHABI: The total number of Gulf and other foreign companies operating in the UAE grew by 3.5 percent to 3209 by December 2020 compared to November same year, according to...

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, announced the top three best performing Dubai government entities of 2020. Sheikh Hamdan took to Twitter and said, “As promised in September 2019,the results of Dubai Gov't Customer...

Frontline workers, including cabin crew, get priority Dubai’s Emirates Group has kicked off a COVID-19 vaccination programme for its employees in the UAE, including cabin crew and other customer-facing staff. With the vaccination drive, the firm’s subsidiaries Emirates Airline and...

Number of customs declarations grew 30% in 2020 to 13.8 million from 10.6 million in 2019, an average of 1.1 million a month Dubai Customs registered a strong 23 per cent growth in customs transactions last year despite challenging global environment caused by the Covid-19 pandemic....

Besides the Greek capital, its initial route network includes Thessaloniki, Alexandria, Kutaisi, Larnaca, Odessa and Yerevan Wizz Air Abu Dhabi, the newest national airline of the UAE, yesterday (January 15) took to the skies for the first time on Airbus A321neo, heading towards its...

Most of the work was completed by October 2019 — much before the pandemic struck A major part of the construction work for the Expo 2020 Dubai pavilions was completed by October 2019 — much before Covid-19 struck, officials said on Saturday. The remaining “minor works” are...

The airline cited 'operational reasons' for the suspension. Dubai carrier Emirates has suspended flights to South Africa and Australia for operational reasons, the airline announced over the weekend. Flights to and from South Africa will temporarily be suspended from January 16 to...