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FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...

Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7% The foreign direct investment (FDI) inflows to the UAE recorded...

UAE Ranked First Globally in 22 Indicators, Global Competitiveness Report

The UAE is one of the world's top 20 economies in terms of FDI. AIM 2022 will explore pivotal themes, including mainstreaming Environmental, Social...

UAE’s Transition to 4-And-Half Day Work Boosts its Drive to Become...

Virtue PR & Marketing Communications said that the UAE’s strategic step of reducing the working weekdays to 4.5 and moving the weekend to Saturday...
H.E. Abdulla Bin Touq Al Marri announced that the first edition of the Emirates Investment Summit ‘Investopia’

Emirates Investment Summit ‘Investopia’ to Link Economy of the Present to...

Inaugural edition of the Summit falls under the ‘Projects of the 50’ H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, announced that the...
Dubai Raffles has seen its first successful integration by Idealz, the customer rewarding e-commerce store.

1st Commercial Entity to Fully Integrate into Dubai’s Recently Launched Dubai...

Dubai Raffles, the first-of-its-kind digital platform launched by Dubai Economy earlier this year, to fully manage raffle draws along with all other types of...
The UAE will set up a task force to create a next-generation economy structure for 2050-2060.

UAE To Create New Task Force for Digital Economy

Task Force working on next economy structure, GITEX GLOBAL Leaders Vision hears Emirates Venus & Asteroid Space Mission looks for 50% private sector upstream development The...

GCC Economies to Grow 14.51 per cent in 2021

Citing IMF figures, GCC Countries Macroeconomic Indicators report notes region’s nominal GDP to reach USD 1.6 trillion this year. COVID-19 vaccine rollout & upcoming mega...

UAE Announces ‘The Principles of The 50’ to Pave Economic, Political...

The UAE announced ‘The Principles of the 50’, as part of the ‘Projects of the 50’ campaign, to chart the strategic roadmap for the...
Ministry Of Economy & The Licensing Authorities Begin Issuance Of Written Warnings To Establishments Violating UBO Procedures

GCC Countries Back on Path to Economic Growth

More reforms needed to achieve economic diversification and to improve competitiveness Following a year of economic distress, Gulf Cooperation Council (GCC) economies are expected to...
The global contactless economy is booming

Dubai Poised For Rapid Contactless Economy Growth

Dubai Internet City business partners driving mass adoption of contactless payment technologies in the region. Visa’s innovation centre at Dubai Internet City supports the company’s...
The Fifth Virtual Conclave of the ABLF Talks saw participation by Chairwoman of UAE Space Agency H.E. Sarah bint Yousef Al Amiri.

Economic Recovery Will Take Two Years, Experts at ABLF Talks

The Fifth Virtual Conclave of the ABLF Talks saw participation by Chairwoman of UAE Space Agency H.E. Sarah bint Yousef Al Amiri, hospitality magnate...

Effective June 1st, UAE Commercial Companies Law allows 100% Foreign Ownership

UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1st, 2021, allowing foreign investors and entrepreneurs...
DBWC, DED Collaborate on Supporting and Empowering Businesswoman

DBWC, DED Collaborate on Supporting and Empowering Women Entrepreneurs

The Dubai Business Women Council (DBWC) has signed a memorandum of understanding with the Department of Economic Development (DED) with the aim of enhancing...

UAE Economy on Track towards Recovery in 2021

Federal Competitiveness & Statistics Centre reveals preliminary results of economic performance in 2020 The UAE economy performed better than expected in 2020 despite the current...
Richard Dunbar, Head of Multi-Asset Research at Aberdeen Standard Investments

Rollout of Vaccines Puts Huge Uncertainty around All Economic Views

The end of the past financial year has been interesting in terms of what has happened within markets as well as between markets. At...
Aberdeen Standard Investments

GCC Economic Recovery Uneven across Different Industries

“The IMF report predicts real GDP growth in MENA to pick up to 4% this year, which is significant improvement on the 3.2% it...

World Free Zones Organization to Boost Free Zones’ Role in Global...

New ‘Free Zone Laboratory’ designed to develop free zone operations led by industry experts. In a first of its kind initiative aimed at empowering free...

IMF: Global Financial Stability Report April 2021 Forecast

The global economy is finally emerging from the worst phases of the COVID-19 pandemic, although with prospects diverging starkly across regions and countries, the...