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UAE Ministry of Economy latest

One of the key sectors that have seen an uptick in FDIs include wholesale and retail trade. The total foreign direct investment in this sector amounted to about $29.8 billion, with a contribution of 24.9 percent of the total FDI inflows in the UAE. (Shutterstock)

April 8th, 2019 - 03:48 GMT

UAE Tops List of Arab Countries' FDI at $10.35 Billion in 2017

The UAE attracted US$10.35 billion in foreign direct investments in 2017, accounting for 36 percent of the total FDI inflows to the Arab countries.

Indian economy is expected to attract large-scale investment from the GCC to India. (Shutterstock)

September 11th, 2018 - 07:21 GMT

India’s Booming Economy Fuels GCC Investment Appetite

The growth reflects the significant achievements made by the transformational industries over the past five years. (Shutterstock)

September 3rd, 2018 - 09:21 GMT

UAE Non-Oil GDP Hikes Steadily

The UAE is the biggest trade partner of Hong Kong in the Middle East, as the value of the non-oil trade exchange between the two countries accounted for $8.9 billion in 2017. (File/ photo)

June 27th, 2018 - 10:55 GMT

UAE-Hong Kong Non-Oil Trade Reaches $8.9 Billion

The UAE has expanded its role as one of the leading hubs for Islamic finance, an alternative way of banking and insurance based on Islamic law. (AFP)

May 28th, 2018 - 07:58 GMT

Great News for the Islamic Banking Industry

European Union is the largest trading partner of the GCC. (Shutterstock)

April 10th, 2018 - 09:32 GMT

EU Becomes GCC’s Largest Trading Partner, With Over $175 Billion

Sultan bin Saeed Al Mansouri, UAE Minister of Economy, heading the Emirati delegation in Beijing. (Courtesy of WAM)

September 11th, 2017 - 01:46 GMT

UAE, China Boost Economic Ties in 13 Sectors, Including E-Commerce

Traditional and alternative medicines and therapies (reflexology, acupuncture, etc.) and cosmetic surgery will all be subject to VAT. (File photo)

August 23rd, 2017 - 01:50 GMT

How Will VAT Affect the UAE Healthcare Sector?

Some users have experienced a sudden shutdown when the battery drops to between 50 and 60 per cent and, sometimes, battery drains after attending each call. (Apple)

February 7th, 2017 - 09:11 GMT

Apple recalls 88,770 defective iPhone 6S batteries in the UAE

Samsung issued a global recall of Galaxy Note 7 on Friday following reports in the US, Taiwan and South Korea of the phone exploding during or after charging. (Samsung)

September 5th, 2016 - 12:22 GMT

Samsung Galaxy Note7 recall: Gulf customers face replacement delays

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November 29th, 2015 - 05:21 GMT

Jordan, UAE sign three-year agreement to support innovation, R&D, SMEs

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November 26th, 2015 - 04:19 GMT

Dubai housing prices expected to continue to decline in 2016

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January 5th, 2015 - 01:52 GMT

A monumental event: 500 companies from 140 countries set for UAE investment meeting