Chinese firms to invest $300 million in Abu Dhabi

ABU DHABI (Reuters) - Five Chinese companies will start operations in Abu Dhabi's industrial zone with an initial investment of $300 million in a boost for the oil-rich emirate's economic diversification plans. The companies, from Jiangsu province on China ... ( read original story ...)

UAE Business Barometer: Bullish on a bright future

The UAE's economic growth will surge next year, driven by a host of non-oil sectors, hence improving the job prospects and strengthening the competitiveness of the local economy, according to CEOs of the top UAE companies. Khaleej Times spoke with top ... ( read original story ...)

UAE PMI Sees Robust Improvement in Business Conditions

The health of the UAE’s non-oil private sector gained steam in July, supported by sharp expansions in output and new work. A survey carried out by Emirates NBD, the UAE PMI, reveals that in response to greater output requirements, firms scaled up ... ( read original story ...)

UAE non-oil private sector grows strongly

PMI data, produced by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector. July data showed that output increased at a faster rate with firms citing favourable economic conditions and ... ( read original story ...)

Dubai Customs doing fine

Ahmed Mahboob Musabih, director of Dubai Customs, said the significant growth in the number of customs transactions processed is due to their commitment to provide first-class facilities to traders in order to attract more trade and business into Dubai. ( read original story ...)

Dubai Customs delivers 4.5m transactions in H1

Submit Claim service accounted for 458,000 transactions at 10.2 per cent while Book Inspection Appointment service contributed 139,000 transactions at 3.11 per cent and Register Business 53,400 transactions at 1.1 per cent. Transactions delivered by Dubai ... ( read original story ...)