Recent Posts

Dubai sees 22% growth in new business licences

  DUBAI / WAM The Department of Planning and Development — Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation, completed about 16,000 transactions through its Licencing Department during the first half of 2022, registering a growth of 22% as against the same period last year. The Licencing Department provides corporate licencing services to local and free ...

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Air Arabia launches direct flights to Milan

  SHARJAH / WAM Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, has announced the launch of its direct flights from Sharjah to the city of Milan in Italy. The new direct flights will connect Sharjah International Airport with Milan Bergamo Airport with four weekly flights starting from December 7. Adel Al Ali, ...

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Net foreign investments in UAE stocks cross AED15.5b

  Abu Dhabi / WAM The net investments of non-Arab foreigners in local stocks rise to over AED15.54 billion since the start of 2022, in light of the UAE’s investment attractiveness and the strong performance of listed companies, supported by the strength and robustness of the country’s economic foundations. According to Abu Dhabi and Dubai financial markets, non-Arab foreign investors ...

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