The non-oil foreign trade between the UAE and Saudi Arabia grew by 92.5 per cent over the past decade to Dhs124.69 billion by the end of 2021, …
India-UAE bilateral trade to meet $100 billion target well ahead of deadline, says Indian envoy
Bilateral trade between India and the United Arab Emirates will achieve the $100 billion target sooner than expected, India’s envoy to the Gulf state has said.
UAE, Saudi Arabia non-oil foreign trade grew by 92.5% over past decade: FCSC
The trade exchange between the two countries in the first half of 2022 totalled AED65.7 billion, the statistics also showed. The total value of non-oil exports from the UAE to Saudi Arabia over the …
Thousands of balikbayan boxes abandoned at BOC
Thousands of balikbayan boxes from the Middle East were abandoned by courier services at the Bureau of Customs (BOC), according to JP Soriano’s “24 Oras” report on Thursday.
Dubai Is Planning A $5 Billion Moon-Themed Resort
According to a report in Arabian Business, the lunar surface of the moon resort, which a ‘lunar colony will encircle,’ would allow 2.5 million people each year to enjoy inexpensive space tourism on …
Gunvor in sale talks with Abu Dhabi’s Adnoc
Abu Dhabi National Oil Company has held talks with Gunvor about acquiring all or part of the trading house in a deal that would significantly increase the United Arab Emirates’ reach in global …
Abu Dhabi Police Call On Parents To Protect Children From Violent Electronic Games
In a statement issued on Wednesday, Abu Dhabi Police said the electronic games can cause teenagers to adopt aggressive behaviours and commit crimes, and that the use of the games could potentially …
Dubai Customs concludes training with French Customs
Dubai Customs concluded a training program, which was conducted by the French Customs. The 4-day training targeted 30 inspection officers from Dubai Customs. At the clos …
Visa, FAB and DBWC announce five winners of first UAE edition of Visa She’s Next program
The award-winning women-owned small businesses in the UAE will each receive a US$10,000 grant and one year of business coaching from IFundWomen. Winners were selected by an independent committee from …
Abu Dhabi TAQA’s subsidiary MIPCO secures more than $1bln in financing
The long-term US dollar-denominated financing is set to mature on September 30, 2024, the energy company said on Wednesday in a regulatory filing on the Abu Dhabi Stock Exchange where its shares trade …
Abu Dhabi National Hotels, Ras Al Khaimah ink resort deal as it seeks international growth
Abu Dhabi National Hotels is investing over Dh1 billion (USD272 million) to establish a luxury resort on Ras Al Khaimah’s Al Marjan Island in additio …
F1 Abu Dhabi Grand Prix 2023: everything we know so far
Did you miss out on F1 Abu Dhabi Grand Prix 2022 tickets? Worry not. The F1 Abu Dhabi Grand Prix 2023 sporting event is coming back next year.
Casa Milano partners with Hansgrohe, hosts an open house in Abu Dhabi
We intend to showcase all our products including Hansgrohe in a way that the customer can visualise having it in their homes,” says Casa Milano director. Casa Milano partners with Hansgrohe, hosts an …
Abu Dhabi’s IHC to acquire up to 31.25% stake in Colombian food giant Grupo Nutresa
The company’s subsidiary, IHC Capital Holding, has just filed a request to launch a tender offer to acquire between 25% and 31.25% of the ordinary shares of the Colombian firm, according to a …
UAE travel, tourism spending highest in GCC region at $27.4bln
Leisure and business visitors in the UAE spent a total of $27.4 billion in 2021, the highest among the GCC markets, Alpen Capital said in its latest GCC Hospitality Report. Saudi Arabia came second …
Inflation in the UAE could be around for at least the next six months, minister says
UAE Economy Minister Abdullah bin Touq Al Marri says it’s important for the central bank to ensure it strikes a balance between its fiscal, monetary and economic policies.
UAE: MBRAH completes work on first vertical aerospace complex
Located in the Supply Chain Cluster of MBRAH, the 12,000-sq-m facility offers light industrial space for maintenance-services companies, aircraft engines and spare parts traders, and aerospace and dro …