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Dafza sees AED120b in trade in first nine months of 2019

DUBAI / Emirates Business Dubai Airport Freezone Authority (Dafza) on Wednesday announced that it contributed 12% of Dubai’s AED 1.02 trillion foreign trade in the first nine months of 2019. The results highlight the success of Dafza’s strategic projects that have played a role in supporting Dubai’s economic growth and enhancing its GDP. Dafza’s operational performance supported the increase in ...

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UAE invests AED1tn in airport infrastructure

DUBAI / WAM The UAE has so far invested AED1 trillion ($270 billion) in airport infrastructure development projects highlighted the General Civil Aviation Authority’s Director-General. In a statement released by the UAE aviation authority, Saif Mohammed Al Suwaidi said such investments span development projects across the country and a fleet of 884 commercial aircraft. The aviation sector is experiencing significant ...

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UAE reaffirms importance of regional de-escalation

ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation said it was closely following regional developments, and reaffirmed the importance of de-escalating current tensions. In a statement issued on Wednesday, the ministry stressed the importance of dialogue and political solutions in the current situation. It also confirmed that recent developments will not affect citizens, residents or visitors ...

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