by Danissa Guotana | Apr 22, 2024 | Business
The UAE signed its 11th Comprehensive Economic Partnership Agreement with Colombia on Friday and said it now expects to exceed its initial target of signing free trade agreements with 21 countries and five economic blocs aimed at doubling foreign trade to Dh4 trillion...
by Danissa Guotana | Apr 19, 2024 | Business
Dubai’s virtual assets regulator grants Binance FZE a VASP license. Binance’s Dubai entity, Binance FZE, has been granted a full Virtual Asset Service Provider (VASP) license by the emirate’s Virtual Assets Regulatory Authority (VARA). This comes after receiving...
by PREMA Team | Apr 15, 2024 | Business
The first quarter of 2024 marked a significant shift in investment trends in Dubai’s residential real estate sector, with Indians once again emerging as the leading nationality investing in the city’s property market, surpassing long-standing leaders, the...
by Danissa Guotana | Apr 4, 2024 | Business
Business activity in the non-oil private sector economies of Saudi Arabia and the UAE continued to expand in March, albeit at a slower pace, driven by a sharp rise in new orders and output growth amid continued economic momentum in the Arab world’s two largest...
by PREMA Team | Apr 1, 2024 | Business
The value of Abu Dhabi government tenders awarded to companies holding in-country value certificates surged to Dh44.17 billion ($12 billion), an increase reflecting the strength of the emirate’s industrial economy. The figure is nearly 17 times the Dh2.5 billion...
by PREMA Team | Mar 29, 2024 | Business
The new bankruptcy law coming into effect on May 1, 2024 in the UAE is expected to lead to more successful restructuring of insolvent businesses, ensuring a safer and more vibrant entrepreneurial ecosystem in the UAE. The latest law per Federal Decree-Law No. 51/2023...
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