Jebel Ali Free Trade Zone Reaches $80.2 billion in 2016
(JAFZA) Jebel Ali Free Zone has revealed that its non-oil foreign trade increased by 17% from 23.9 million to 27.9 million tonnes in 2016, worth $80.2 billion
UAE Leads GCC in Private Wealth Growth
Private wealth in the United Arab Emirates, which hosts one of the highest concentrations of the world’s super rich, is expected to record the strongest growth in the Gulf Cooperation…
UAE Non-Oil GDP to Pick Up in 2017
Standard Chartered expects a slight pickup in the UAE’s non-oil economy with a 3.2% growth in 2017 supported by “a loosening of belt” by Abu Dhabi.
RAK Launches Economic Zone to Attract Investors
The government of Ras Al Khamiah last Monday announced the launch of Ras Al Khaimah Economic Zone (RAKEZ) to offer the best services to attract investors into the emirate.
Dubai’s Non-Foreign Trade Reaches Dh1.3 trillion
Crown Prince of Dubai and Chairman of Dubai and Chairman of Dubai Executive Council, Sheikh Hamdan bin Mohammed said that in 2016 Dubai’s non-oil foreign reached Dh1.276 trillion…
UAE Among Three Fastest Developing Countries
According to the World Group Senior Vice President for the 2030 Development Agenda, United Nations Relations and Partnerships, Mahmoud Mohieldin the United Arab Emirates is among…
The GCC Steps Up Its Efforts to Improve SME Ecosys
With the oil price slump creating a $275 billion export shortfall for countries apart of the Gulf Cooperation Council (GCC) regional government have begun to prioritise economic…
Ruler of Dubai Issues New Laws for Free Zones
Ruler of Dubai, Vice-President and Prime Minister of the UAE, His highness Sheikh Mohammed Bin Rashid Al Makotum has issued a new law on the regulations issued by the authorities…