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    UAE GDP is projected to grow by 2.4% in 2021, 3.8% in 2022

    UAE GDP is projected to grow by 2.4% in 2021, 3.8% in 2022

    17 Jun 2021

    The UAE GDP is expected to grow by 2.4 per cent in 2021 and 3.8 per cent in 2022 while the non-oil GDP to expand by around 4 per cent...

    Phoenix Group CEO sees key incentives to draw investors in UAE

    Phoenix Group CEO sees key incentives to draw investors in UAE

    16 Jun 2021

    Inayat-ur-Rahman, Business Editor The 100 per cent foreign ownership in the UAE is indeed a great step forward among a series of other reforms that the UAE has boldly...

    Masdar City continues to attract global, regional innovation giants

    Masdar City continues to attract global, regional innovation giants

    16 Jun 2021

    Masdar City, the sustainable urban development in the UAE, is set to play a key role in the global green recovery from COVID-19 as it continues to add sustainability-focused innovation...

    Oil trades at multi-year highs; US retail sales drop 1.3% in May

    Oil trades at multi-year highs; US retail sales drop 1.3% in May

    15 Jun 2021

    Oil prices reached their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second half of 2021. Brent crude rose 77...

    Kazakh low-cost airline ‘FlyArystan’ launches its first flight to Sharjah

    Kazakh low-cost airline ‘FlyArystan’ launches its first flight to Sharjah

    15 Jun 2021

    Kazakh low-cost airline “FlyArystan” has launched its first flight to Sharjah with Airbus A320 aircraft. The Almaty-Sharjah-Almaty regular flights will operate two times a week on Tuesdays and Sundays. The...

    UAE graded third globally for digital government services

    UAE graded third globally for digital government services

    14 Jun 2021

    Sajjad Ahmad, Deputy Business Editor The UAE has attained its latest digitisation accomplishment, ranking third globally for the provision of digital services and subsequent adoption, revealed a new study....

    UAE business community hails Pakistan’s pro-growth budget

    UAE business community hails Pakistan’s pro-growth budget

    13 Jun 2021

    Inayat-ur-Rahman, Business Editor Pakistan has announced Rs8.4 trillion ($54 billion) budget for the next fiscal year, basing it on an ambitious growth target of 4.5 per cent and...

    Ajman, Estonia to boost trade and explore investment opportunities

    Ajman, Estonia to boost trade and explore investment opportunities

    12 Jun 2021

    Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), has discussed with Jaan Reinhold, Ambassador of Estonia to the UAE, prospects of economic collaboration and ways...

    DP World’s P&O Ferrymasters builds new warehouse at Genk in Belgium

    DP World’s P&O Ferrymasters builds new warehouse at Genk in Belgium

    10 Jun 2021

    P&O Ferrymasters on Thursday announced it has entered into an agreement with Belgium-based Genk Green Logistics to build a 10,000 square metre state-of-the-art warehouse near the Port of Genk in...

    Dubai presents business landscape to investors across six countries

    Dubai presents business landscape to investors across six countries

    07 Jun 2021

    The Dubai Investment Development Agency (Dubai FDI), an agency of Dubai Economy, has scheduled and conducted a series of webinars to date in 2021, connecting with potential investors and partners...

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