Dubai / WAM Dubai Airport Freezone Authority (Dafza) achieved positive financial and operational results in the first half of 2020. Throughout the first quarter of the year, Dafza recorded a 54 percent increase in general exports. During this period, China accounted for the highest percentage of Dafza’s trade, with 21 percent at a value of AED 7.7 billion, followed by ...

Abu Dhabi / WAM In a sign of that bodes well for an eventual market recovery after the coronavirus, consumer spending in the UAE increased by 65 percent in June 2020 as compared to March, according to statistics released by the Federal Competitiveness and Statistics Authority (FCSA). Hoteliers were among the primary beneficiaries, with spending jumping 15 percent in June ...

Abu Dhabi / WAM The total number of business licences issued in UAE at the end of July amounted to 665,246, a 1.9 percent increase compared to 652,885 licences issued in December 2019, according to the National Economic Register. Based on these figures, the issuance of licences in the country is expected to surge in the coming months, which will ...