Dubai / Emirates Business HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council (DFZ Council), noted that Dubai’s free zones have made a significant contribution to the growth of non-oil trade. Free zone trade in Dubai hit AED394 billion in first nine months of 2018, accounting for 41 percent of emirate’s total trade during the ...

Bloomberg The richest people on earth lost $511 billion this year after record first-half gains were obliterated by a succession of bruising market selloffs. Global trade tensions and worries about a US recession dragged markets lower at year-end. It’s only the second annual decline for the daily wealth index since its 2012 debut, and represents a sharp about-turn from the ...

DUBAI / Emirates Business The Dubai Islamic Economy Development Centre (DIEDC) on Saturday outlined the 2019 action plan for the Dubai: The Capital of Islamic Economy initiative at its fourth board meeting for 2018. Chairing the meeting, Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of DIEDC, confirmed the UAE’s pioneering role as a catalyst for innovative initiatives ...