Tag : Business
CBUAE report predicts 2.4 percent growth for UAE GDP in 2021
The UAE GDP is expected to grow by 2.4 percent in 2021 and 3.8 percent in 2022 while the non-oil GDP to expand by around...
UAE leads the GCC in renewable and clean energy
Renewable & Clean Energy will debut as the theme for Middle East Energy’s inaugural virtual focus week on 17 May 2021, as research from Informa...
ADIB in Q1 2021 net profits rise phenomenally to AED 608 million
Abu Dhabi Islamic Bank (ADIB) said its Q1 2021 net profit surged by 125 percent to AED608 million compared to AED 270 million in Q1...
Dubai Food Tech Valley – a hub for modern farming techniques
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched the ‘Food Tech Valley’...
Abu Dhabi Ports $1 billion bond 4.5 times over-subscribed
Abu Dhabi Ports, rated A+ (stable) by S&P and A+ (stable) by Fitch, has successfully issued US$1 billion 10-year bonds under its recently established Euro...
UAE – Italy trade set to grow as officials plan ahead
Etihad Credit Insurance (ECI), the UAE International Investor Council (UAEIIC), Dubai Exports, the Italian Trade Agency (ITA) and Confindustria, the largest Italian industrial confederation, have...
UAE and Italy to strengthen cooperation – Sheikh Abdullah
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received on Sunday Luigi Di Maio, Italian Minister of Foreign...
StandDesk launches StandDesk for business
StandDesk, a leading online retailer of sit-stand desks for consumers, is expanding to help small businesses. Launching today, StandDesk for Business offers small business owners...
DLD reports 40 per cent growth in real estate transactions
A total of 6,590 real estate transactions in Dubai were recorded in March 2021, valued at about AED22.9 billion, according to the real estate bulletin...
Digital currencies to better serve the unbanked – Al Sayegh
Ahmed Ali Al Sayegh, UAE Minister of State, said that the UAE and China have nourished a deep respect, political confidence and support of each...