Abu Dhabi Plans $13.6 Billion Stimulus Program to Boost Economy

according to state-run WAM news agency. The crown prince also ordered the issuance of dual licenses for companies in freezones to enable them to participate in government tenders. Abu Dhabi’s stimulus plan follows the announcement last month of a package ... ( read original story ...)

Dh50b economic stimulus for Abu Dhabi approved

Dubai: An economic package of Dh50 billion has been launched to accelerate the pace of Abu Dhabi’s development and economic growth over the next three years. The package was launched on Tuesday by His Highness Shaikh Mohammad Bin Zayed Al Nahyan ... ( read original story ...)

Dubai’s open secret for Filipino bargain hunters

There are even a few in International City. Maricel Munda, an executive at a cleaning company in Dubai, tells Gulf News #Pinoy she goes on a bargain hunt every week, "sometimes every day, just to check if there's a good Dh1 sale". "It helps me save so I ... ( read original story ...)

Abu Dhabi Announces $13.6 Billion Stimulus Program Over 3 Years

Abu Dhabi will spend 50 billion dirhams ($13.6 billion) over three years to stimulate its economy, the oil-rich emirate’s crown prince said. The government will take steps to support new industries, encourage tourism and make it easier to do business ... ( read original story ...)

Abu Dhabi introduces blockchain offering for paperless trade

A subsidiary of Abu Dhabi Ports has introduced a new blockchain offering to improve the communication flow among its trade community. Maqta Gateway is the first Abu Dhabi entity to develop and launch its own blockchain-powered solution. The entity was ... ( read original story ...)

Dubai Police keep Maktoum Memorial crown

Dubai: Former Al Ahli midfielder Waleed Ahmad marked his return ... “Playing in Division One once again will be the next challenge for me personally,” Waleed Ahmad told Gulf News. “This tournament is a great moment for us, not because we have won ... ( read original story ...)

85% of UAE consumers not saving: Here’s why

Dubai: The majority of residents in UAE have not been able to save enough money in the past year, according to new survey findings released by National Bonds on Tuesday. The investment company’s latest savings index, which is based on the responses of ... ( read original story ...)

UAE non-oil sector improved further

Dubai: Growth in the UAE's private sector turned in its best ... The figure was indicative of a sharp improvement in business conditions across the non-oil private sector, and one that was above the long-run average. The positive sentiment in the non ... ( read original story ...)