Expo 2020 and continued development of the healthcare sector are projected to drive sector growth in the near future.
Dubai’s economy continues to experience sustained growth from the contribution of business tourism, thereby driving the nation’s economic diversification agenda prioritised in the UAE Centennial 2071 strategy.
The Khalifa Fund for Enterprise Development (KFED) recently organised the ‘Tajribty’ Forum at Zayed University in Abu Dhabi, in cooperation with the emirate’s Department of Culture and Tourism and the Department of Economic Development.
The newly formed International Advisory Council recently held its first meeting at the Dubai Executive Council’s headquarters where member companies discussed efforts to boost economic competitiveness and stimulate business activity in Dubai.
Opec and allied nations agreed on Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to boost energy prices hard-hit by the coronavirus pandemic.
G20 members and invited countries have pledged more than $21 billion to fight COVID-19 and, with a spirit of solidarity, have shown they will spare no effort to protect lives and the most vulnerable.
Emaar chairman Mohamed Alabbar has told the UAE’s leading contractors that they must prepare for a new way of working as the economic activity gradually starts to pick up.