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Dubai’s external trade up ten times to Dhs1.271tr since 2000

02 Dec 2020

The non-oil external trade of Dubai has increased about ten times between 2000 and 2019 rising from Dhs143 billion in 2000 to Dhs1.271 trillion in 2019. In the first half...

Dubai launches world’s first contactless payment ecosystem

29 Nov 2020

Inayat-ur-Rahman, Deputy Business Editor The Emirates Payment Services has announced the launch of Empay, the world’s first contactless instant credit lifestyle payment ecosystem. Empay, designed and developed within the...

New facility launched to promote entrepreneurship and innovation

29 Nov 2020

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced the launch of the first certified free zone business incubator in Amity...

UAE leads by adopting tech in realty sector

27 Nov 2020

Inayat-ur-Rahman, Deputy Business Editor The UAE has taken a leadership role in the Middle East region in technology adoption in real estate sector. Dubai has largely been responsible for...

Investment in edutech industry touches record $18.7 billion mark

27 Nov 2020

Inayat-ur-Rahman, Deputy Business Editor According to a recent report, investment in the edutech industry climbed from $16.3 billion in 2018 to $18.7 billion last year, reflecting a steady growth...

DIB celebrates listing of $1b sukuk on Nasdaq Dubai

24 Nov 2020

Business Bureau, Gulf Today Dubai Islamic Bank, DIB, rang the market-opening bell on Tuesday to celebrate the listing of a $1 billion Sukuk on Nasdaq Dubai. The Sukuk achieved...

Jafza, ECI showcase new trade and export financing solutions

22 Nov 2020

Jebel Ali Free Zone (Jafza), DP World, UAE Region’s premier business and logistics hub showcased to its customers the trade payments protection solutions it has rolled out in partnership with...

Australian national wins $1 million in Dubai Duty Free draw

18 Nov 2020

Gulf Today Report An Australian national has joined the long list of $1 million winners when the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draws were held...

Dubai records Dhs2.9b realty deals

06 Nov 2020

Dubai recorded a total of Dhs2.9 billion real estate and properties transactions during the week ending 5th November 2020 with transactions reaching 1,241, according to figures of the Department of...

DMCC, US discuss ways to boost trade and investment relations

06 Nov 2020

DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, welcomed John Rakolta Jr., the United States’ Ambassador to the United Arab Emirates, and...

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