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UAE non-oil trade hits AED658.3b in H1 2020

Abu Dhabi / WAM The value of the UAE’s non-oil trade reached AED658.3 billion in the first half of 2020, accounting for 41 percent of the total value of the country’s trade in 2019, according to figures released by the Federal Competitiveness and Statistics Centre (FCSC) on Saturday. This signals the continued activity of the economic sectors despite the slowdown ...

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Abu Dhabi Airport trialling new ‘Smart Travel’ features

Abu Dhabi / WAM Abu Dhabi International Airport (AUH) is trialling a new enhanced ‘Smart Travel’ system, developed by Abu Dhabi Airports in partnership with ConvergentAI and powered by Artificial Intelligence (AI) to shorten queues and streamline processes throughout the airport to deliver a smoother and more seamless passenger experience. The new system employs big data, AI, and assessment of ...

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Real estate contribution to Dubai’s GDP reaches 7.2% in 2019: DLD

DUBAI / WAM Dubai’s real estate sector represents one of the main economic sectors in economic growth, and it actively contributes to the growth of its economy. Over the past years, the emirate has achieved record rates of economic growth driven by the economic initiatives and packages that the Dubai Government is undertaking to raise economic growth and stimulate various ...

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