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...

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...