Several countries across the region, primarily in the Gulf Region, have made significant strides, but progress has been inconsistent SHARJAH: The International Monetary Fund (IMF) hosted an expert discussion on the state of recovery in the Middle East and North Africa (MENA) region, in...

The Ministry of Health and Prevention (MoHAP) announced 84 new coronavirus cases, bringing the total number of recorded cases in the UAE to 739,190. The ministry stressed in a statement on Saturday that its aim to continue expanding the scope of testing nationwide to facilitate the...

This initiative goes in line with the directions of the UAE government to enable cross-border digital trade: ADDED chairman ABU DHABI - The Abu Dhabi Department of Economic Development (ADDED) has launched the "Virtual Licence" allowing the non-resident foreign investors to obtain an...

Sheikh Ahmed Bin Mohammed Bin Rashid Al Maktoum, Chairman of the Dubai Media Council, on Thursday opened Ain Dubai (Dubai Eye), the world’s largest and tallest observation wheel. Sheikh Ahmed was accompanied at the opening by Mohamed Hadi Al Hussaini, Minister of State for Financial...

Former Credit Suisse banker Georges El Khoury will be desk head in Dubai DUBAI- UBS will establish a new wealth desk in Dubai that will add coverage of Oman and Kuwait markets, and a dedicated sales team to capture business growth in the Middle East, according to an internal memo....

Global books to the first-of-its-kind sovereign bonds in the UAE peaked at $22.5bln, representing a 5.6x oversubscription UAE - Mohammed bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell to celebrate and mark listing the UAE sovereign bonds on...

Dubai property prices still shy of one-fourth of their previous peak rates Residential property prices in Dubai are still shy of one-fourth of their previous market cycle peak of 2014 with Expo 2020’s positive impact becoming more visible in Q4 this year or early next year, which is...

Partner entities will be able to use and integrate various Dubai Customs services and benefits available on its cross-border e-commerce platform DUBAI: In alignment with Dubai’s ecommerce strategy objectives aiming to position the emirate as a global logistics hub for cross-border...

The UAE authorities on Tuesday issued fresh guidelines for travellers arriving in the country on business flights. During the weekly briefing on coronavirus situation in the UAE, the authorities said that protocols were updated in coordination between the National Authority for...

The UAE government said that the authorities have allowed 80% capacity at parties, gatherings, weddings and mourning majlis. The authorities said, “With the gradual return to a new normal life, today we announce the update of the protocol for holding parties, gatherings, weddings and...