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UAE BECOMING INCREASINGLY BUSINESS FRIENDLY

It’s getting easier to do business in the UAE, according to a new World Bank study.

The country has moved up the rankings in The Doing Business Report for 2013, to 26th place from 33rd last year.

It’s placed 22nd in terms of how easy it is to set up a new company. 

However, it only ranked 128th when it came to protecting investors.

Abu Dhabi marks 7.7% growth in 2012
The UAE capital's economy grew 7.7% year on year in 2012. The Statistics Centre, Abu Dhabi attributes it to huge financial surpluses, strong growth in non-oil sectors and high oil prices.
New sensors control speeding by Dubai's taxis
Speeding taxi drivers in Dubai are set to face further controls. The RTA has installed a new system on cabs called AMAN which is a self powered sensor that monitors the vehicles.
World marks 'World Refugee Day' today
Tens of thousands of people across the globe today are marking 'World Refugee Day', in recognition of the situation of refugees worldwide.

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