Economic Indicators

During the past year, Dubai witnessed a strong economic and commercial movement, driven by the momentum of the events and exhibitions that were held on the emirate’s land, which coincided with the organization of the largest event in the region, “Expo 2020 Dubai”. The number of visitors to Dubai World …

Abu Dhabi Commercial Bank topped the list of financial and banking brands in the Customer Experience Excellence Report from “KPMG”, as the bank ranked among the first five brands in the United Arab Emirates, in appreciation of the bank’s efforts in the digital transformation process and providing innovative banking services …

Strong foreign and institutional purchases poured into the UAE stock markets within a week, within the framework of building new financial centers initiated by foreign investment portfolios and funds, in conjunction with measured rises witnessed by some companies’ shares, to keep the opportunity favorable for a coming wave of rise, …

Through a cooperation agreement with the “Ras Al Khaimah Maritime City” to develop a yacht manufacturing facility in Ras Al Khaimah. – Sheikh Saqr bin Saud: We are keen to enhance the potential and capabilities of Ras Al Khaimah to continue its sustainable economic progress and renaissance. – Strategic partnerships …

Tokyo, March 4: The unemployment rate in Japan recorded its lowest level in nearly 3 years last January, with the economy recovering from the repercussions of the “Corona” virus pandemic, as its rate decreased seasonally to reach 2.4%. And the Japanese Ministry of Internal Affairs stated – in a statement …

The agreement aims to enhance strategic cooperation and joint growth for the benefit and prosperity of the two friendly peoples and the entire region. It aims to abolish or reduce customs duties on 82% of goods and products, i.e. more than 93% of the non-oil intra-trade components. It effectively contributes …

Abu Dhabi, March 3 / The annual Intensopia Conference 2023 hosted a working session entitled “Opportunities for Growth in today’s economy”, in which a group of experts and thought leaders from various sectors spoke about the latest trends and opportunities in the new economy that is witnessing rapid developments in …

The bank raises its contribution to the country’s GDP to 3.5 billion dirhams. – 673% growth in financing compared to 2021. Approval of financing worth 1.8 billion dirhams to support microenterprises and small and medium-sized companies, and at a value of 4.3 billion dirhams for large companies in the country. …

Abu Dhabi, March 1: Global stock indices varied during February trading, amid investors around the world anticipating the course of interest rates during the current year. According to the monitoring of the Emirates News Agency, WAM, US stock indices declined on the American Wall Street Stock Exchange, with the growing …

Real estate market sales in Dubai jumped significantly during the period from the beginning of January to the end of February of 2023, by 65.7%, to 54.74 billion dirhams, compared to 33 billion dirhams during the same period in 2022, according to data on the website of « Department of …