DUBAI, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, stated that the industrial sector in the emirate has become a driving force for economic diversification, productiv…

DUBAI, The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy imposed fines on 49 restaurants, cafes and cafeterias for failing to comply with the precautionary measure against COVID-19, which prohibits restaurants from allowing…

DUBAI, Rami Al Qaisi, CEO of RAQ Contracting, stated that the UAE’s investment and legislative environments are highly attractive to investors, who continue to make investments due to the many facilities that the UAE provides to investors, contractors …

ABU DHABI, The foreign assets held by the Central Bank of the United Arab Emirates increased to AED392.4 billion by the end of Q1’21, a QoQ grwoth of 1.1%, a CBUAE report shows.The apex bank ascribed the growth mainly to AED85.9 billion quarterly incre…

AJMAN, A total of 557 property deals were conducted in Ajman worth AED931 million in April 2021, a 4.1 percent growth compared to March.Eng. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation, said that the…

ABU DHABI, Abu Dhabi National Oil Company (ADNOC) announced today the successful closing of its offering of approximately 375 million shares in ADNOC Distribution (the Share Offering), representing approximately 3 percent of the registered share capita…

ABU DHABI, Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports, today announced the formation of a green ammonia production facility, targeting regional and international markets.Helios Industry, a privately-owned special project…

DUBAI, Dubai is leading the global efforts to revive the aviation industry that is facing challenges due to the COVID-19 pandemic.However, industry leaders participating in the Airport Show at the World Trade Centre, Dubai, believe that civil aviation …