DUBAI / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No (2) of 2022 on the expropriation of property for public use in the emirate of Dubai. The new law regulates the procedures for expropriating property for public use. The ...

  Bloomberg Covid-19 flare-ups, diminished policy support, and lingering supply-chain bottlenecks will see the global economic recovery cool more than previously estimated in 2022, after last year’s expansion clocked the fastest post-recession pace in eight decades, the World Bank said. Global gross domestic product will probably increase 4.1% this year, less than a 4.3% forecast in June, the Washington-based development ...

  ABU DHABI / WAM The Khalifa Fund for Enterprise Development partnered with eBay as the latest partner of the e-Empower initiative, under the Abu Dhabi Inspires programme. The partnership aims to further enhance Abu Dhabi’s e-commerce ecosystem, while also being in alignment with the mandate to diversify the emirate’s economy and increase non-oil exports to international markets. The collaborative ...