web analytics

DP World Launches Digital Platforms to Move Global Trade Online

DP World has launched cutting-edge online logistics tools and services, covering sea, land and air shipping around the world. According to a press statement, the...

Middle East Airline Passenger Numbers to Climb 7% in 2018

Middle East passenger numbers are forecast to grow by 7% in 2018 according to the International Air Transport Association, despite a strong headwind of...

Dubai SME Allocates AED 20 Million to Guarantee Capital for SMEs

Dubai-Based SMEs owned or managed by an Emirati can benefit from scheme Three-month payment holiday for SMEs to help during Covid-19 Eligible...

Jafza Signs Agreement with Emaar Malls to Facilitate Business Licensing beyond...

The Jebel Ali Free Zone, Jafza, has agreed to extend its expertise in business licensing, visas and other related activities to Gold & Diamond...

International Tourist Numbers Could Fall 60-80% in 2020, UNWTO

International tourism down 22% in Q1 and could decline by 60-80% over the whole year 67 million fewer international tourists up to March...
Ministry Of Economy & The Licensing Authorities Begin Issuance Of Written Warnings To Establishments Violating UBO Procedures

Ministry Of Economy & The Licensing Authorities Begin Issuance of Written...

Imposition of fines to begin in July 85% of establishments in the country implement ultimate beneficial owner procedures while 15% fail to comply during the...

Fitch Rates UAE Outlook Stable ‘-AA’

Fitch Ratings Inc., the US credit rating agency, has rated the federal government of the UAE at -AA with a Stable Outlook. The move reflects...

Video Creation Tips for Stay-At-Home Filmmakers

Emirati Director Nahla Al Fahad Shares Advice with Promising Stay-At-Home Filmmakers Video tips revealed during Dubai Studio City’s Instagram Live broadcast Dubai Studio City organised a...
Announcement of largest in-person travel & tourism event

Arabian Travel Market Returns in a Pre-pandemic Format

62 countries represented on exhibition floor such as KSA, Germany, Italy, Greece, Cyprus, Thailand, Indonesia, Egypt, South Korea, The Philippines, Malaysia, Maldives and Israel 67...

Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion

Islamic economy registers 5.2 per cent growth over previous year UAE ranks first across five of seven Islamic economy sectors Investments in Islamic...

Travel & Tourism Set to Break All Records in 2024

The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for Travel & Tourism in 2024, with the sector’s global economic contribution...

Demand for Larger Villas in Dubai Indicates Long Term Living Plans

Three-bedrooms villas and above, were the most sought after by a whopping 85% majority of aspiring owners In an interesting turn of events, Property Finder's...

DLD, JLL to Create ‘Commercial Property Price Index’

Dubai Land Department, DLD, has signed a memorandum of understanding, MoU, with Jones Lang LaSalle, JLL, a leading professional services firm that specialises in...
Dubai Government Agencies To Cut Spending, Freeze Hiring

Dubai’s Consumer Confidence Index Highest Since 2017

Dubai saw its Consumer Confidence Index during the last quarter of 2020 rising to the highest level since the third quarter of 2017, said...

Regional Markets To Follow Developments On OPEC+ Deal

Global equity markets recorded a negative performance during the week as economic indicators have started reflecting meaningful impact to growth, pushing the world into...

UAE Hotel Occupancy Rates Hit 63 % in Q1’21

The UAE tourism sector has continued to recover during Q1, 2021, with the average hotel occupancy rates across the country nearing 63 percent, according...

New Interactive Platform to Help Businesses Address Covid-19 Impact

The Ministry of Economy (MOE) has launched a dedicated platform to help the business environment address the effects of the COVID-19 virus, which is...

COVID-19 Puts Over Half of 2020 Passenger Revenues at Risk, Says...

The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will see airline passenger revenues drop by $314 billion in...