The landmark law is predicted to further strengthen the already business-friendly climate in the country.
According to a recent study by PayFort, the GCC’s online retail revenues are expected to reach $69 billion by 2020. “The UAE leads the way regionally in terms of online sales, with 62 percent of citizens now shopping online, and annual sales expected to reach US$23.7 billion by 2022.” This was stated by Mauro Romano, CEO, ArabClicks, during an exclusive interview with Gulf Today.
The 11th Edition of the Award will recognise and honour the best projects, programmes and initiatives that contribute towards the empowerment of societies through the values of Tolerance and Knowledge Management in the world of sports
Dr. Abdullah Bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, discussed prospects of cooperation with the International Mobile Satellite Organisation (IMSO).
The UAE is the major trade partner to Vietnam in the Middle East and North Africa while Vietnam is the key trade partner to the UAE in the South East Asia, with two-way non-oil trade reaching $10.4 billion in 2017, a growth of 18 per cent as compared with 2016, according to Sultan Bin Saeed Al Mansouri, Minister of Economy.
The second edition of the Badiri Social Entrepreneurship Programme (BSEP), recently saw its 17 selected participants – all UAE-based women in pursuit of establishing socially impactful and innovative businesses, taking a field trip to India, from April 1–5, 2019. India was the chosen destination, as the country’s culture of social entrepreneurship has created a positive change there.
India’s SpiceJet Ltd said on Friday it will prioritize hiring employees of Jet Airways Ltd who are losing their jobs after the crisis-hit Indian airline halted all flight operations indefinitely this week. “We have already provided jobs to more than 100 pilots, more than 200 cabin crew and more than 200 technical and airport staff,”
US retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.