DubaiConnect.ae - Economy

DubaiConnect.ae is providing resources for English speaking Business Professionals living in, visiting, or interested in Dubai and UAE. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on DubaiConnect.ae!

Up to 540,359 business licenses issued in 2018

Up to 540,359 business activity licenses were issued by the end of December 2018, circa 1.6 percent up from August of More... more >>
 

UAE transfers Dh1bn customs duties for GCC in 2018

The Federal Customs Authority has announced that the total value of customs duties transferred by the UAE to the GCC More... more >>
 

Dubai Municipality uses nanotechnology in paints to reduce carbon footprint

Dubai Municipality has announced that it won the first prize in the eighth edition of the Climate Change Awards 2018 More... more >>
 

iPhone XI to feature long-distance 3D camera

It's no secret that the iPhone will get a radical upgrade in 2020 when Apple integrates 5G tech into the model, but More... more >>
 

DEWA participates in WFES 2019 as Efficiency Partner

Dubai Electricity and Water Authority (DEWA) will participate in the 12th World Future Energy Summit (WFES) as its More... more >>
 

NASA spacecraft zips by most distant world ever studied

A NASA spacecraft on Tuesday flew past the most distant world ever studied by humankind, Ultima Thule, a frozen relic More... more >>
 

NASA spacecraft dashes by world beyond Pluto

NASA’s New Horizons spacecraft has survived humanity’s most distant exploration of another world. Ten hours after the More... more >>
 

UAE banks invest Dh87.2bn in Saudi Arabia, Egypt

The investment of UAE’s banks in Saudi Arabia and Egypt reached AED87.2 billion at the end of Q3 2018, representing More... more >>
 

Asian markets mostly higher in quiet New Year’s Eve trading

Shares were mostly higher Monday in subdued New Year’s Eve trading. U.S. futures were higher after President Donald More... more >>
 

UAE banks' international reserves hit record high of AED404.3 bn

The net international reserves in the UAE banking sector hit an all-time high of AED404.3 billion by the end of More... more >>
 

ADX wins IBMC UAE-INDIA Business Excellency Award 2018

Abu Dhabi Securities Exchange, ADX, has received the 'IBMC UAE-INDIA Business Excellency Award 2018'. The award is a More... more >>
 

Prolonged US shutdown threatens to unsettle economy

The paralysis triggered by the US government shutdown could have unexpected consequences, such as muddying economic More... more >>
 

NASA spaceship closes in on distant world

NASA's unmanned New Horizons spacecraft is closing in on its historic New Year's flyby target, the most distant world More... more >>
 

Aviation sector a key pillar in UAE economy: Sultan Al Mansouri

The aviation sector is a key pillar in enriching the national economy, said the UAE Minister of Economy and Chairman of More... more >>
 

Samsung and Huawei ready for Android Pie rollout

Samsung and Huawei, the world's two biggest sellers of Android phones, are preparing to switch their lineups to the More... more >>
 

VAT ushers in second year, carrying positive influence on economic growth

The Value-Added Tax will usher into its second year of implementation just in a few days from now in both the UAE and More... more >>
 

At 20, euro is currency giant on fragile footing

The euro turns 20 on Tuesday, marking two tumultuous decades that saw the single currency survive a make-or-break More... more >>
 

Number of tourists in Abu Dhabi, Dubai increase by 1.6% in 8 months

The combined number of tourists visiting Abu Dhabi and Dubai increased by 1.6 per cent during the first eight months of More... more >>
 

Drydocks World completes Rashid D Wellhead Platform

Drydocks World has announced the completion of the Rashid D Wellhead Platform jacket and topside for TechinpFMC and end More... more >>
 

No more paperwork: Estonia edges toward digital government

In the Estonian capital of Tallinn, three-day-old Oskar Lunde sleeps soundly in his hospital cot, snuggled into a lime More... more >>
 
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