Agricultural and food products were the main commodities in Dubai’s trade with South Africa
The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn
Saudi PMI Index fell from 53.9 in February to 53.3 in March
IHS Markit UAE PMI Index rose from 50.6 in February to 52.6 in March
The government has OMR1.83bn left to raise after so far borrowing OMR1.77bn and withdrawing OMR600m from the Oman Investment Authority
The Dubai Creative Economy strategy aims to double the creative industries’ GDP contribution to 5 per cent of Dubai’s economy by 2025
A region already suffering from chronic youth unemployment must innovate and train the next generation
The overall regional tree planting programme (with 50 billion trees) is claimed to be the largest reforestation programme in the world
The investments will focus on strategic sectors in Indonesia, including infrastructure, roads, ports, tourism and agriculture, among others
The nightly curfew timing has been reduced by one hour
The ban was imposed by the country on February 7 as part of measures to curb the spike in the number of coronavirus cases
Gross credit in the banking system grew from Dhs1.779 trillion by the end of December 2020 to Dhs1.779.2 trillion in January 2021
The non-oil economy shrank an annual 0.8 per cent in the fourth quarter
It confirmed a minimum Dhs2.57bn dividend for 2022
The Central Bank of the UAE projects the country’s real GDP to increase by 2.5 per cent in 2021
The new initiative offers expatriate workers labour mobility and amends existing exit procedures
The three-year freeze on government fees was first announced by Sheikh Hamdan in March 2018
IHC’s total assets increased to Dhs14bn as of December 31, 2020, from Dhs4bn a year earlier
A 12-hour nightly curfew – from 5pm to 5am – will be in place for one month starting Sunday, March 7
Most of the Covid-19 restrictions have been lifted starting Sunday, March 7
The new decision allows expat government employees and those on dependent visas to transfer to jobs in the private sector
The bank recorded a a full year 2020 net profit of Dhs10.6bn
Soudah Development will build 2,700 hotel rooms and 1,300 homes in an area that includes Soudah, the tallest peak in Saudi Arabia
Dubai Customs revealed the figures ahead of Kuwait’s 60th National Day which falls on February 25
Leaders also personally honoured the UAE’s Hope Probe team at the retreat
In 2020, there were 19,000 transactions executed, including sales and mortgages of land, buildings and real estate units for all types of land use
Health clubs, salons, barbershops, celebration halls and tents are already closed in the country
The ministry said that it is implementing 129 development projects as part of a five-year plan
The new decision, which does not apply to private sector firms, will take effect from January 1, 2024
The restrictions were initially put in place on February 4 for a period of 10 days