The decision aims at enhancing the balance between the two sectors and supporting the national economy in its various fields.
A Nairobi-bound Boeing 737 crashed minutes after an early-morning takeoff from Addis Ababa on Sunday, killing all eight crew and 149 passengers on board, including tourists, business travellers, and at least one delegate to a UN meeting.
Dubai achieved significant results in reducing electricity use during Earth Hour 2019. Dubai Electricity and Water Authority, DEWA, recorded savings of 267 megawatts, MW, in electricity consumption in the Emirate, equivalent to a reduction of 114 tonnes of carbon dioxide emissions.
Jebel Ali Free Zone (Jafza), the Middle East’s leading special economic zone and key growth engine of Dubai’s economy, has announced it will waive an estimated Dhs35 million in fines owed by its customers, in commemoration of the UAE Government’s designation of 2019 as the Year of Tolerance.
The Pakistan Tehreek-e-Insaf (PTI) government has accepted the long outstanding demand of stockbrokers to constitute a fund for stabilising the stock market. Adviser to Prime Minister on Finance Abdul Hafeez Shaikh accepted the proposal to form the fund at a meeting with the Pakistan Stock Exchange’s (PSX)
India’s foreign exchange reserves increased by $1.368 billion during the week ended May 10, official data showed. According to the Reserve Bank of India’s weekly statistical supplement, the overall forex reserves rose to $420 billion from $418.687 billion reported for the week ended May 3.
Smart Dubai has launched a report titled ‘Decentralised Data for Dubai’ in association with Outlier Ventures D3 Sandbox exploring the role of data and the Fourth Industrial Revolution in smart city building. The findings of the report underlined the opportunities presented by the convergence