Dubai's non-oil sector stays vibrant
Dubai's economy grew 3.9 per cent with its gross domestic product (GDP) rising to Dh88.7 billion during the first quarter of 2015, spurred by vibrant logistics and trading activities.
UAE's non-oil trade up 6%
The UAE's non-oil trade rose six per cent in first quarter of 2015 to Dh270.1 billion as gold, diamonds and jewellery dominated in imports, exports and re-exports from the emirate, according to latest data issued on Monday.
DuBiotech and EnPark business partners up 20%
Dubai Biotechnology and Research Park (DuBiotech) and the Energy and Environment Park (EnPark) on Sunday said its new business partners rose a combined 20 per cent in the year to July, underlining the Tecom Investment free zones' popularity as a regional springboard for businesses.
Dubai first-half corporate earnings surge to $4.1b
Driven by strong banking sector growth, Dubai's corporate earnings expanded 3.7 per cent year-on-year to $4.1 billion in the first half of 2015,
The banking sector, which contributed 12.4 per cent to the Dubai Financial Market's incremental earnings, recorded 32 per cent growth in the first half. However, this was partly offset by another index heavyweight, the real estate and construction sector (-9.9 per cent)
UAE, Italy boost trade ties
Business relations between the UAE and Italy reached a greater height with the stakeholders converging on a single platform at the 'UAE Days in Toscana', held in Pisa this weekend. The event marked the end of a long-wait for the traders who craved for striking deals to boost their fortunes.
Acer unveils new products in UAE
Acer wowed Dubai's blogging community and media with its diverse and stunning range of devices which suit all lifestyle needs at an exclusive blogger event last week.
Abu Dhabi, Dubai lead rally in Gulf markets
Abu Dhabi and Dubai stocks led a rally across Gulf countries on a rebound in global markets and oil's upward journey for its biggest gain since May.
Global persepective on trading, investment...
Investors and traders regardless of where they are in the world say the same, never ever risk more than you can comfortably afford to lose, otherwise your emotions will get in the way of your trading or investment decisions, said Fawad Razaqzada, technical analsyst, Forex.com and City Index.
Russia's Rosneft in talks with UAE's Mubadala on east Siberian fields - Kremlin
Russia’s Rosneft, the world’s top listed oil company by output, is in talks with the UAE’s Mubadala Petroleum to jointly develop two east Siberian projects, Tass Yuriakh and Verkhnechonskoye, the Kremlin said on Monday.
Dubai Duty Free to reap DSS rewards as travellers increase
The Dubai Summer Surprises (DSS) period is proving to be very successful for the Dubai Duty Free, with the additional travellers arriving in Dubai during the summer helping to transform "flyers into buyers."Salah Tahlak, senior vice president of corporate communications at Dubai Duty Free (DDF), said that DDF has experienced a positive impact on its retail operations..