The UAE leads the GCC region with urban construction projects worth $476.5 billion.
Construction of the $7 million Philippine Pavilion for the Expo2020 Dubai will commence in January 2020 and all materials will be sourced from Dubai.
Carl Jenkinson, Alex Lacazette and John-Jules were on the target as Arsenal rallied to beat Al Nasr 3-2 in a friendly match at the refurbished Al Maktoum Stadium in Dubai on Tuesday.
The who’s who of the horse racing fraternity from across the globe will converge on Meydan as the biggest sporting event of the year, the $35m Dubai World Cup – making it the world’s richest race day – unfolds on Saturday.
French President Emmanuel Macron announced an 8 billion euro ($8.8 billion) plan to make France the top producer of clean energy vehicles in Europe and urged French carmakers to make vehicles in their own country.
Dubai Silicon Oasis Authority announced the completion of more than 3,000 transactions worth approximately Dhs10 million in two months, from mid-March to mid-May 2020, while working remotely.
India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-) 5 per cent from an earlier projected growth of 0.8 per cent for the current fiscal.
The euro retreated from near two-month highs and equity markets wavered on Wednesday even as the EU unveiled a 750b euro ($823 billion) recovery fund that helped offset concerns about unrest in Hong Kong over Beijing’s proposed security laws.