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Dubai Economy Fines 14 Merchants For Hiking Face Mask Prices

Dubai Economy has imposed fines on 14 merchants, including nine pharmacies in Nad Al Hamar, Al Mizhar, Nad Hessa, Sheikh Zayed Road, Hor Al...

Dubai Economy: Adequate Stock Of Foods Available To Meet Long-term Needs

Half-a-billion worth of stock at Union Coop warehouses and storage spread over 424,000 sq. ft Union Coop already registered contracts worth AED 400 million...

Dubai Economy Fines Pharmacies For Tampering With Prices Of Hygiene Essentials

The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has imposed fines on three pharmacies, in Jumeirah, Al Khawaneej and Mirdif, for...

Dubai Economy Reveals Details Of Closing Down Commercial Establishments, Activities

Dubai Economy has directed commercial establishments in the emirate to close down for two weeks starting today in line with the preventive measures announced...

Dubai CPI Down By 1.20 In February 2020: DSC

The annual Consumer Price Index, CPI, rate in the Emirate of Dubai dropped by 1.20 percent in February 2020 compared to the same period...

Dubai Launches $400 Million Economic Stimulus Package for Next 3 Months

Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Crown Prince of Dubai...

Dubai Economy Issues 4,692 Instant Licenses To Date

Registration of ‘Native’ workers can be completed through the Instant License Instant License do not need the company’s lease and location for the...

Dubai Businesses Looking to Stronger Results, Global Reach Ahead of Expo...

Increase in proportion of firms expecting improvement in business situation Optimism largely driven by export prospects and tourist arrivals Improving domestic market conditions and...

Dubai Economy Joins 6 Banks to Launch KYC Consortium in UAE

Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early...

Dubai Launches New Initiative to Attract Innovators

HH Sheikh Ahmed bin Saeed Al Maktoum launches initiative to attract innovators to Dubai Targets 25,000 startups worldwide that are looking at Dubai...

Dubai Economy: Business Registration and Licensing Up 22% in January

Overall, 30,582 business registration and licensing transactions were recorded Dubai Economy issued 4,076 new licenses that created 10,782 jobs The Business Registration and Licensing...

Giant Leaps Forward for Future World Capital of the New Economy

The Government of Dubai kicked off the new year with announcements on major plans for global promotion strategies for the emirate as an investment...

Dubai Future District Launch; AED1 Billion Fund to Drive New Economy

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today announced during the second Dubai Council’s meeting,...

Businesses Continue to Invest and Expand in Dubai, Dubai Economy

FDI Law, preparations for Expo 2020 Dubai and restructuring of economic activities spurred optimism among investors 38,377 new licences issued in 2019, leading...

Dubai Economy Turns Future-readiness Focus to 3 More Emerging Sectors

Second Future Economy Lab workshops to bring together public and private sector stakeholders and academia to discuss Cashless Economy, Circular Economy, and Gaming...

Dubai Economy Grows 2.1% in H1 2019

Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...

Dubai SME and FAB Join Efforts to Facilitate Receivable Financing for...

The Mohammed Bin Rashid Fund (MBRF) of Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector,...

Businesses in Dubai Foresee Higher Revenues, Stronger Ground Ahead

• Business Confidence Index improves quarter-to-quarter and year-on-year • Large companies continue to maintain stronger projections Businesses in Dubai are confident of closing the year on...