Recent Posts

DIFC Courts handles cases valued at AED5.85 billion

  Dubai / WAM DIFC Courts, Dubai’s establis- hed English-language commercial courts, handled cases totalling AED5.85 billion (US$1.59 billion), up 5 percent year-on-year, in 2016. The main Court of First Instance (CFI) handled approximately the same number of cases as in 2015 but saw the average value of each increase by 17 percent to AED104.58 million. The total value of ...

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RAK foreign trade grows by 38 percent in five years

  RAS AL KHAIMAH / WAM Foreign trade in Ras al-Khaimah grew by 38 percent between 2011 and 2015, according to a study published by the local Chamber of Commerce and Industry, called “An analytical study about foreign trade in the emirate of Ras al-Khaimah”. Dr Ahmed Rashed Al Shamili, Assistant Director-General for Commercial Services and Business Development, said the ...

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Abu Dhabi panel reviews study on Emiratisation in private sector

  ABU DHABI / WAM The Economic Committee of Abu Dhabi Executive Council’s General Secretariat organised a workshop for reviewing the results and recommendations of the study on the legislation of Emiratisation in the private sector. The year-long study, held under the Abu Dhabi Department of Economic Development, was conducted by a team whose members came from different organisations. It ...

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