UAE’s export markets grow to 230 by end of September
ABU DHABI, Capitalising on its coveted geographical position as a vital re-export point between east and west, the UAE has tapped into new export and re-export markets in 2020, bringing …
Category: Industry
Abu Dhabi Department of Finance launches AED6 billion supply chain financing initiative to increase liquidity for SMEs
ABU DHABI, The Abu Dhabi Department of Finance (DoF) today announced an AED 6 billion supply chain financing initiative to support a variety of sectors, as a key initiative in …
OPEC daily basket price stood at $55.19 a barrel Thursday
VIENNA, The price of OPEC basket of thirteen crudes stood at $55.19 a barrel on Thursday, compared with $55.81 the previous day, according to OPEC Secretariat calculations.
The OPEC Reference …
Dubai Economy inspections find 15 violations of COVID-19 guidelines
DUBAI, Field inspections being conducted by Dubai Economy across open markets and commercial establishments since the beginning of the year have revealed 15 violations of the precautionary guidelines against COVID-19.…
UAE’s non-oil trade hit AED1.033 trillion during first nine months of 2020
ABU DHABI, Despite the global economic slowdown and COVID-triggered lockdowns, UAE’s non-oil trade amounted to AED1.033 trillion during the first nine months of 2020, statistics by the Federal Competitiveness and …
Dubai Economy issues 42,640 new licences in 2020
DUBAI– Dubai’s Department of Economic Development (Dubai Economy) today announced that it issued 42,640 new licences in 2020, an increase of 4% from the 40,891 new licences issued in 2019.…