Thursday, March 23, 2017

Business News


Dubai Chamber to lead trade mission to India

Dubai is exploring ways to strengthen trade and economic relations with India. A high-profile delegation from the emirate is heading on a three-day visit to the country this week, with stops in Mumbai and Ahmedabad. The team, led by the Dubai Chamber of Commerce and Industry will brief Indians investors ...

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February sees more improvement for Dubai’s private sector

Business conditions across Dubai’s private sector saw a further improvement last month. That’s according to the latest Emirates NBD Dubai Economy Trackers, which says that incoming new work hit a 24-month high. The report says that conditions were also helped by sharp rises in output. Wholesale and retail was the ...

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UAE’s banks have GCC’s biggest total asset value

The UAE’s banking sector has the biggest total asset value in the GCC. Figures from the Central Bank of the UAE show that it stood at more than AED 2.6 trillion last year. Experts say that it reflects the strength and quality of the sector in the Emirates, and highlighted ...

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UAE-Russia non-oil trade reaches AED 5.8 billion

Non-oil trade between the UAE and Russia touched AED 5.8 billion during the first nine months of last year. That’s compared to the 2.5 billion it totalled for the whole of 2015, according to a new report from the Ministry of Economy. It revealed that the UAE’s main exports to ...

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