UAE economy to grow 2.5% in 2020: IMF
The UAE economy’s projected growth will be driven by the energy sector, World Expo 2020 and bold reforms...
Tag : UAE
Emirates decides against bidding for Air India
According to Emirates’ Chief Commercial Officer Adnan Kazim, the carrier will focus on its home market...
DP World’s to strengthen in Europe after buying 44% in Swissterminal
The acquisition is expected to increase DP World’s footprint in Europe...
DIB becomes world’s largest Islamic bank with Noor Bank acquisition
DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE...
UAE developer predicts Dubai property market to recover in 2020
The recovery will be backed by Expo 2020, new government initiatives and favourable payment plans...
Oman to introduce 5% VAT in early-2021 to generate additional revenue
The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members...
Emirates NBD inks deal with DLD to offer trust account services
ENBD is the first UAE bank to team up with RERA after the new law in September 2019...
Blockchain technologies to help UAE conserve over Dh11 billion
UAE can save 398 million printed papers and up to 77 million hours of work annually using blockchain...
Department of Finance Ajman: Building an open, competitive economy
The award-winning department is at the forefront of deploying intelligent financial systems in the UAE...
Workplaces in the UAE more open to embracing AI to foster innovation
A survey led by Oracle and Future Workplace has found 72% of UAE respondents are more optimistic about AI at work...