UAE inflation rate was at 2.5% in 2021

ABU DHABI 7 February 2022: Statistics from the Federal Competitiveness and Statistics Centre revealed that the Consumer Price Index (CPI) at the end of 2021 reached 108.62, compared to 105.97 in December 2020, which puts […]

India-UAE Free Trade Agreement almost ready

NEW DELHI 13 January 2022: India’s Minister of Commerce and Industry, Piyush Goyal, yesterday told the heads of top business and industry associations here that the Free Trade Agreement (FTA) with the UAE is “nearing […]

Dubai unifies all government health insurance

DUBAI 1 JANUARY 2022: Dubai has unified all government health insurance systems under one umbrella known as Enaya. The unification covers Saada insurance, and other government insurances. Following the move, there will be one insurance […]

RTA opens part of widened Dubai-Al Ain Road

DUBAI 27 December 2021: Dubai’s Roads and Transport Authority (RTA) opened on Saturday, a sector of the Dubai-Al Ain Road Improvement Project where the road has been widened from three to six lanes in the […]

MedTech: Rewarding area of healthy investment

21 December 2021: Medical innovation has become a significant focus for venture capital investment in the last ten years. A growing, ageing population combined with the opportunity to develop global solutions is driving a spike […]

DXB 100% operational as Concourse A fully opens

DUBAI 21 December 2021:- Following the opening of the final phase of Concourse A (at Dubai International’s (DXB) Terminal 3), the world’s busiest international airport is 100 per cent operational with all terminals, concourses, lounges, […]

Better protection for bank customers coming soon

ABU DHABI 17 December 2021: UAE banks will also be required to work actively towards full compliance with Consumer Protection Regulations and Standards. These steps to enhance consumer trust in the banking sector would impact […]

Hawala Money Laundering: Six fined Dh350,000

ABU DHABI 16 December 2021: The Central Bank of the UAE (CBUAE) imposed financial sanctions totalling Dh350,000 on six Hawala providers operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. […]

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