Dubai / WAM The Halal economy is estimated to be worth $3.2 trillion by 2024, according to the newly launched second edition of the Halal Guidebook titled ‘Dubai – A Global Gateway for Halal Industry: A Step-by-Step Guide.’ The Guidebook unveils key trends that will have a lasting impact on the regional economy and assists in providing a clear picture ...

Abu Dhabi / WAM The total expenditure of the UAE federal government amounted to as much as AED24,997,691,014 by the end of the second quarter of this year (Q2), according to the Budget Execution Report, released by the Ministry of Finance. The report puts the total revenues at AED34,744,272,796, which results in a total surplus of around AED9.75 billion by ...

Abu Dhabi / WAM The seventh session of the UAE-South Korea Joint Economic Committee (JEC) was chaired virtually by Abdullah bin Touq Al Marri, Minister of Economy, and Nam-Ki Hong, Korean Deputy Prime Minister and Minister of Economy and Finance, in presence of Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade. During the session, the two ...

Abu Dhabi / WAM The Abu Dhabi energy sector plays a pivotal role in driving the government’s smart transformation with an integrated plan to digitise all services it provides to customers, making them accessible from authorised digital platforms across the emirate. The energy sector boasts a solid digital infrastructure that enabled it to transfer most services to digital platforms, as ...

Abu Dhabi / WAM In its continuous efforts to eliminate risks of financial crimes in the UAE, the National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations announced in its sixth meeting, the launch of ‘Fawri Tick ’, a smart system developed by the Federal Authority for Nuclear Regulation (FANR). “‘Fawri Tick’ is under the ...

SHARJAH / WAM The management of Souq Al Haraj for Cars has announced that their occupancy rate has remained at 99 percent, despite the circumstances experienced by the global pandemic. This reflects the strength of Sharjah’s investment landscape and underlines the success of Sharjah Asset Management – which oversees its management- in developing the various procedures, services and facilities offered ...

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) and the Department of Planning and Development – Trakhees at the Ports, Customs and Free Zone Corporation announced the signing of a Memorandum of Understanding (MoU) to streamline the process of issuing permits of lands impacted by the Rail Protection Zone of Route 2020. CEO of Rail Agency Abdul Mohsen Ibrahim ...

Dubai / WAM The Dubai Chamber of Commerce and Industry and the Consulate-General of Canada in Dubai discussed opportunities in areas such as digitalisation, logistics, e-commerce, life sciences and sustainable technologies, via videoconference. The meeting, which was chaired by President and CEO of Dubai Chamber of Commerce and Industry Hamad Buamim and Consul-General of Canada in Dubai Jean-Philippe Linteau, highlighted ...

DUBAI / WAM DP World’s flagship Jebel Ali Port has welcomed HMM GDANSK, one of the world’s largest container vessels, which is now on the return leg of her maiden international voyage between the Far East and Europe. Jebel Ali is the only port in the Arabian Gulf region connected to the arterial FE3 (Far East 3) loop with the ...

Dubai / WAM The Dubai International Financial Centre’s (DIFC) Gate Avenue has been awarded the prestigious LEED (Leadership in Energy and Environmental Design) Gold accreditation from the US Green Building Council and Green Building Certification Inc. Gate Avenue was awarded the LEED certification for successfully fulfilling the prerequisites and credits across nine measurements for building excellence from integrative design to ...