The latest listing brings the bank’s current sukuk value on the exchange to $1.5bn
The smartSCF platform will provide automated tools to optimise working capital and reduce transaction costs
The commercial potential of agreements between the UAE and Israel is estimated at $500m per annum across several key sectors
A total of 137 countries imported products from Ras Al Khaimah
DAFZA will provide incentives to Israeli companies wishing to establish their businesses within the emirate
While 150 expats have been fired, another 400 are expected to receive termination letters, local media reported
Last year, the emirate’s exports to Saudi Arabia grew 156.7 per cent to Dhs25.76bn from Dhs10.03bn in 2010
A total of Dhs44.38bn has been withdrawn until end June
Travellers must present negative Covid-19 results prior to boarding and take another test upon arrival in Sharjah
In H1 2020 alone, Dubai’s external trade with Saudi reached Dh24bn
The draft law gives the government six months to determine the number of expats needed by the country
ADIO will subsequently open offices in Europe, North America and Asia
The agreement will allow Israeli clients to transact directly in the UAE
The expansion will substantially increase handling volumes by providing additional deep-water access and enhanced infrastructure
Daily inspection visits are being carried out across the emirate, officials confirmed
The federal government’s total revenues were reported at Dhs34.7bn
On August 13, the countries announced their plan to normalise ties, a first between Israel and a Gulf Arab nation
The extension will be processed automatically by the ministry online
The decision applies to all private sector establishments that employ five or more engineering professionals
Recovering from the ‘great compression’ caused by Covid-19 is going to be a slow and uncertain process, led by epidemiological factors
Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators
The validity of a family ownership contract can extend up to 15 years, after which it must be renewed
The construction and engineering sector accounted for the biggest share of contracts in the first six months of the year
Expatriates whose visas expired by the end of May were given a three-month free grace period to renew their documents
The digital economy’s contribution to the UAE’s local GDP in 2019 reached 4.3 per cent
Exports rose by 20 per cent year-on-year to Dhs31m from Dhs25.7m, while re-exports stood at Dhs6.5m
Salons, gyms, barbershops, tailors, and spas are set to reopen from August 18
Its net revenue also declined nearly 11.5 per cent year-on-year to Dhs2.5bn
Construction as well as the wholesale and retail industry are leading the upswing
The Gulf state is aggressively looking to reduce its expat population