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UAE leads Arab world in FDI: Al Mansouri

Abu Dhabi / Emirates Business The UAE, the second biggest Arab economy, is leading the Arab World in attracting Foreign Direct Investment (FDI). In 2016, the UAE attracted 29 percent of the total FDI inflow in to the Arab World, Sultan bin Saeed Al Mansouri, UAE Minister of Economy, told the media in an interview ahead of the Annual Investment ...

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Dubai issued 1,844 new licences in March

DUBAI / WAM The Department of Economic Development (DED), in Dubai witnessed increasing business registration and licencing activities during the month of March 2018, reaffirming the emirate’s position as a preferred place for business start-ups and expansions. According to the ‘Business Map’ digital platform of DED, more than 26,410 business registration and licencing (BRL), transactions were completed in March, compared ...

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Khorfakkan receives largest containership

SHARJAH / WAM For the first time in the region, the Khorfakkan Container Terminal (KCT) received on Saturday, the CMA CGM ANTOINE DE ST EXUPERY, France’s largest containership. The Vessel docked at the Port and about seven thousand containers were unloaded. Tariq Al Hammadi, Director of Security and Administrative Affairs at Khorfakkan Port, said the French ship had landed at ...

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