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DIFC Courts’ new Hong Kong deal to foster investor trust

DUBAI / WAM Another major step towards connecting with China’s leading dispute resolution centres was taken by the Dubai International Financial Centre Courts through the singing of a Memorandum of Guidance (MoG) with the High Court of the Hong Kong Special Administrative Region of the People’s Republic of China (Hong Kong High Court). Devised as a practical mechanism to foster ...

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Emirates announces mega ticket sale for 70 destinations

DUBAI / Emirates Business Emirates has launched one of its biggest sales yet with special fares to over 70 global destinations within its network. Passengers can still plan a short getaway before the summer season ends to destinations in the Americas, Europe, Middle East, and the Far East. The offer applies to bookings made on Sunday until August 20 for ...

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UAE’s non-oil private sector growth slows

Dubai / Emirates Business The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE declined to 55.8 in July from 57.1 in June, signalling the slowest rate of growth in the non-oil private sector in three months. “Both output and new work, while still strong, were softer than in June. Notably, new export orders increased at the sharpest rate in ...

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