Peace accord to spur tourism, tech sectors

in News, Industry News

The normalisation of relations by the UAE and Bahrain with Israel is likely to benefit economies of all three nations and contribute to broader geopolitical stability in the region, S&P said. The ratings agency expects the launch of direct commercial flights to Israel that would significantly increase cooperation in the areas of tourism, security, telecommunications, […]

DMCC extends huge support programme

in Business

The Dubai Multi Commodities Centre (DMCC) announced an extension to its Business Support Package until October 20. The programme, aimed at helping DMCC-based companies to better navigate the turmoil unleashed by Covid-19 epidemic, comprises a wide range of discounts and waivers to support the DMCC’s registered companies, the commodities trading hub said in a statement. […]

President Trump shows off June’s US job numbers

in News

President Donald Trump lays a claim on the better than expected US job numbers for June. And at the same time warns of a crash if voters get it “wrong” in November. Image Credit: Agency Washington: President Donald Trump said June’s better-than-expected jobs report shows a strong rebound from losses due to the coronavirus pandemic […]

UK visa services resume in Dubai from June 28

in News

People queuing outside a UK visa service centre in Dubai Image Credit: Janice Leon/Gulf News Dubai: From Sunday June 28, UK Visas and Immigration is beginning a phased resumption of services at Visa Application Centres in Bahrain (Manama), Kuwait (Kuwait City), Saudi Arabia (Al Khobar, Jeddah, Riyadh) and the UAE (Abu Dhabi and Dubai). As […]

Dubai Commercity to open by year-end

in Business

UAE will contribute $4.6 billion to regional e-commerce industry. Dubai Commercity, the first of its kind project in the region to cater to e-commerce industry, is scheduled to open by the end of 2020, said a senior official. The Dh3.2 billion project, a joint venture between Dubai Airport Freezone Authority (Dafza) and property developer Wasl, […]

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