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January 24, 2021
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Category: Industry

Industry

UAE’s export markets grow to 230 by end of September

January 18, 2021January 19, 2021

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 …

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Industry

Abu Dhabi Department of Finance launches AED6 billion supply chain financing initiative to increase liquidity for SMEs

January 17, 2021January 18, 2021

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 …

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Industry

OPEC daily basket price stood at $55.19 a barrel Thursday

January 15, 2021January 17, 2021

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 …

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Industry

Dubai Economy inspections find 15 violations of COVID-19 guidelines

January 14, 2021January 15, 2021

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.…

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Industry

UAE’s non-oil trade hit AED1.033 trillion during first nine months of 2020

January 13, 2021January 14, 2021

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 …

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Business / Industry

Dubai Economy issues 42,640 new licences in 2020

January 12, 2021

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.…

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