The world No. 1 men’s tennis player Novak Djokovic lauded the emirate and the UAE’s “culture of innovation” which has had a major positive impact around the world.
India’s gold imports could be hit due to anticipated price rally denting retail demand
This, in turn, could lead to further fall in India’s import of the yellow metal. The UAE is the second largest exporter of gold to India, after Switzerland. The country’s gold imports, which have been …
Dubai: Woman defrauds man of Dh185,000 through social media
He began to transfer the amount to her in installments, including two payments that he handed over in cash to a person in the emirate …
Ramadan: Sharjah intensifies market inspection campaigns
Sharjah: Consumers were urged to report commercial fraud as inspection campaigns on business establishments whose activity is related to the holy month of Ramadan have been intensified by the Sharjah …
Ramadan 2023 in UAE: How residents can save up to 70% on groceries despite hike in prices of poultry, eggs
This comes as the UAE’s Ministry of Economy has allowed retailers to hike prices of eggs and poultry temporarily by 13 per cent due to challenges related to imports of raw materials and high …
Vertical farming, hydroponics: How UAE farms are creating oases of green across the desert
At full scale, the 200-hectare AgTech Park will target production volumes of over 40 tonnes of fresh fruits and vegetables annually, which would account for up to six per cent and 12 per cent, …
Trade between Pakistan and UAE: Khor Fakkan port to be more efficient, says official
Khor Fakkan Container Terminal (KCT) is the only fully-fledged operational container terminal within the United …
Amazon opens a new fulfillment centre in Dubai South
Ahmed Mahboob Musabih, director-general of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation added: “The launch of Amazon’s new shipping centre in Dubai South is a testament to Dubai’s …
Dubai Chambers passes 100 business group target as it boosts city economy
Dubai Chamber of Commerce has launched more than 100 business groups Dubai Chamber of Commerce has exceeded its target of setting up more than 100 business groups by March this year. The chamber has …
India’s Malabar Gold & Diamonds merges all international operations into new Dubai hub
“With the UAE-India CEPA deal, it’s easier to source all the jewellery requirements from our factories in India at 0 per cent import duty into Dubai,” said Shamlal Ahamed, Managing Director for …
Malabar Gold opens global hub in Dubai
He added that the choice of Dubai as the base for its global expansion reflected investor confidence in the UAE’s business environment and the positive impact of legislative reforms. “The UAE is a …
Mark Mobius says he is ‘very, very skeptical’ of investing in bank stocks but keeps his cash in an account in Dubai
noting that he has an account in Dubai. “I think they’re pretty safe.” But he still urged some caution, saying depositors should be diversified. “You can’t put all your eggs in one basket,” he added.
Dubai Chamber of Commerce exceeds target to establish more than 100 business groups
Dubai Chamber of Commerce, which is one of the three chambers operating under Dubai Chambers, has exceeded its target of setting up more than 100 business ..
Dubai Customs organizes 10 community initiatives during Ramadan
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Egypt’s Suez Canal economic zone, Abu Dhabi ports partner to develop projects within the zone – statement
DUBAI, March 22 (Reuters) – Egypt’s Suez Canal economic zone said on Wednesday that it partnered with Abu Dhabi (AD) ports to develop several projects in ports within the zone. Abu Dhabi ports will …
Amazon continues to invest in the UAE, opening a new Fulfillment Center in Dubai South
“Dubai’s leadership has outlined a clear economic growth roadmap for the coming decade that capitalizes on the Emirate’s business enabling infrastructure and highly developed global logistics network …
Dubai financial hub launches venture building platform ‘DIFC Launchpad’
“The launch of ‘DIFC Launchpad’ is set to further attract innovative companies and enhance the emirate’s appeal as a city that supports business growth and success,” said Sheikh Maktoum bin Mohammed …