Tag: UAE Business News
Germany, Dubai bilateral trade hit $6.6bn in 2020
According to a top official of Dubai Silicon Oasis Authority (DSOA), bilateral trade between Germany and Dubai reached $6.6 billion in 2020 and will...
UAE’s Jafza saw 12% surge in healthcare & pharmaceuticals customer base
One of the world's leading free trade zones Jebel Ali Free Zone (Jafza) owned by DP World saw a 12 percent growth in its...
UAE banking sector remains resilient amid pandemic; Central bank
According to the results of the Central Bank of UAE's latest Financial Stability Report (FSR), the UAE banking system remains resilient despite a challenging...
UAE economy expected to grow 2.4% in 2021; CBUAE
According to the Central Bank of the UAE (CBUAE), the Emirate's economy is expected to grow 2.4 percent as the country steadily recovers from...
SH Capital receives DIFC brokerage license to support SMEs
Specialist provider of digital treasury services management, SH Capital has been officially granted its Category 3A Dubai International Financial Centre (DIFC) license, allowing them...
Central Bank of UAE raises base rate by 5 basis points
The Central Bank of the UAE (CBUAE) has increased its base rate applicable to the Overnight Deposit Facility by 5 basis points to 15bps.
The...
UAE first country globally to receive revolutionary anti-COVID-19 medication
The world’s newest anti-viral medication for COVID-19, Sotrovimab, is now available for early treatment for selected patients in the UAE region.
According to studies, the...
Flydubai becomes 1st airline to join with Alhosn App; Makes travel...
Dubai's budget airline flydubai has partnered with the UAE’s official app for contact tracing and health testing related to COVID-19, Alhosn to offer passengers...
