Top officials during the 5th UAE-UK Joint Economic Committee meeting in London.
Under the patronage of Eng. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, and Chairman of Small and Medium Enterprises Council, the National Programme for Small and Medium Enterprises (NPSME) of the Ministry of Economy will host the Small and Medium Enterprises Exhibition (SME Expo) from April 29-30 at the Abu Dhabi National Exhibition Center (Adnec).
Britain’s Brexit-bound economy unexpectedly grew in February, helped by manufacturers rushing to meet orders from clients who are stockpiling goods ahead of the country’s break from the European Union, official data showed. While still sluggish, the economy expanded by 0.2 per cent from January, the Office for National Statistics said. Economists in a Reuters poll had expected zero growth.
The total commodity trade between the UAE and the UK grew by around 4 per cent to around £2.57 billion (Dhs11.92 billion) in the first quarter of this year, up from £2.47 billion (Dhs11.46 billion) in the corresponding period last year.
The United Arab Emirates and Saudi Arabia have cautioned on Monday against “gloomy expectations” regarding the possible impact of the spread of the coronavirus on the global economy and oil demand.
After the success of its first showroom in Al Ain, 2XL Furniture & Home Décor has announced the opening of a second showroom in the city at Al Ain Mall. It also marks 2XL’s 10th store opening in the UAE, a major milestone for the luxe brand.
A rising number of central banks (CBs) are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements (BIS) showed, as interest in the technology heats up.
A number of officials, specialists and experts have stressed that the discovery of a new gas field in Sharjah will significantly enhance the Emirate’s economic resources and support the economic development and goals of the Emirate.