The expenditure on road and infrastructure has been a major growth factor in the region.
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.
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) Dubai, issued 2,805 new licences during April 2019, a growth of 60 per cent compared to April 2018 (1,753). The new licences created 8,375 jobs in the labour market.
Sharjah: The upcoming edition of Sharjah Economic Ramadan Majlis, scheduled for Sunday at the Al Jawaher Reception and Convention Centre (JRCC) in Sharjah, will host discussions on a series of topics based on the theme ‘The Contributions of Government Legislations to Attract FDI’,
In its report on the economic impact of cities, the council said that Dubai surpassed Doha and London, with tourists spending $16.8 billion and $16.1 billion, respectively, in the two cities.
The representatives of the thirteen members of the Opec led by Riyadh, and their 10 allies headed by Moscow, decided to stick to their course agreed in October of a production cut of two million barrels per day until the end of 2023.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation,