News

11 Mar

Dubai’s non-oil foreign trade reaches AED 1.3 trillion in 2018

Dubai’s external non-oil trade in 2018 reached AED 1.3 trillion despite challenges facing global trade growth resulting from trade tensions between major economic powers and a global growth slowdown that has led to currency rate volatility in developing countries. The latest trade figures show that Dubai is moving forward steadily as a leading international and […]

04 Mar

Monaco reveals details of Dubai Expo 2020 pavilion

Expo 2020 pavilion of Monaco will be spread over different levels just like the streets of the French Riviera principality Monaco, the glitzy principality on the French Riviera, on Thursday revealed details about its pavilion at Dubai Expo 2020. The pavilion, which will be spread over different levels just like the glamorous streets of Monaco, […]

25 Feb

Sultan Al Mansouri discusses economic, commercial partnerships with EU

Sultan bin Saeed Al Mansouri, Minister of Economy, discussed the developments to the UAE’s economic and commercial partnerships with the member countries of the European Union, EU, especially in the areas of agriculture and food industries. The discussion took place during his bilateral meetings with Phil Hogan, EU Commissioner for Agriculture and Rural Development, and […]

24 Feb

DMCC Coffee Centre opens, set to drive new trade opportunities in Dubai

DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, inaugurated the ‘DMCC Coffee Center’ today, during Gulfood 2019. The state-of-the-art 7,500 square meter temperature-controlled facility is the first of its kind in the Middle East. From crop to cup, the Center offers cost-effective logistical support and services that […]

20 Feb

Russia exempts UAE citizens from pre-entry visas starting February 2019

Russia has exempted UAE citizens with regular passports from requiring pre-entry visas. The Ministry of Foreign Affairs and International Cooperation announced that starting today, UAE citizens will be able to travel to Russia without prior visas. The decision was issued as part of an agreement that was signed in Kazan, Russia, with the attendance of […]

18 Feb

DFM releases real time info of listed companies’ Foreign Ownership Limits

The Dubai Financial Market, DFM, today launched the enhanced Foreign Ownership limits,FOL, web page, providing market participants with real time FOL info every two minutes during the trading session about the “Actual” and a new column for “Available” ownership limits to own or to trade, beginning Sunday, 17 February 2019. Maryam Fikri, Chief Operating Officer […]

17 Feb

Italy’s Leonardo markets for first time in MENA its counter-drone capabilities at IDEX

Leonardo, one of the top ten global players in Aerospace, Defense and Security and Italy’s main industrial company in this sector, will market its counter-drone capabilities for the first time in the Middle East and North Africa, MENA, at the International Defense Exhibition, IDEX, 2019, with a view towards addressing security opportunities in the region. […]

10 Feb

UAE calls for developing legislation on entry of global e-commerce platforms to the region’s markets

The UAE called for developing legislation on the entry of global e-commerce platforms to the region’s markets and the development of local and regional electronic platforms to enhance competition and break monopolies. In an opening address at the main session of the Fourth Annual Arab Fiscal Forum organized by the IMF, Arab Monetary Fund, AMF, […]