Abu Dhabi / WAM The UAE’s direct non-oil trade recorded AED 269.5 billion during the first quarter of 2016, maintaining almost the same figures achieved in Q1 last year, said the Federal Customs Authority (FCA). FCA said its preliminary statistics show that imports, AED 166.1 billion, accounted for more than half of the UAE non-oil foreign trade during Q1 this ...

  Dubai / Emirates Business According to new research conducted by Frost & Sullivan in collaboration with GITEX Technology Week 2016, the next 10 years of augmented Reality (AR) and Virtual Reality (VR) technology development are set to redefine the future of both business and consumer processes and interactions in the region. GCC organisations are leveraging the new technology to ...

  Abu Dhabi / Emirates Business The Zayed Future Energy Prize had exceeded 10,000 entries over its nine cycles when submissions for the ninth annual awards closed on Monday, June 27. A record 1,678 entries were received this year, an increase of 12 percent on 2015. Nominations, accepted in the Large Corporation and Lifetime Achievement categories, account for 555 entries, ...