Dubai tops world in attracting FDI projects

DUBAI 9 May 2022: Dubai has achieved the top ranking globally in attracting foreign direct investment (FDI) in 2021, with a record number of 418 greenfield FDI projects, according to H.H. Sheikh Hamdan bin Mohammed […]

Dubai economy contracts by 3.7% in Q1 this year

Emirate to post 3.1% growth in 2021 and 3.4% in 2022 DUBAI 23 September 2021: Dubai’s Department of Economic Development (Dubai Economy) announced its latest economic outlook according to which it expects the emirate to […]

Dubai consumer confidence at highest since 2011

DUBAI 7 July 2021: The second quarter of 2021 saw consumer optimism in Dubai rising to its highest level since 2011, according to the quarterly Consumer Confidence Index of Dubai’s Department of Economic Development (Dubai […]

74 fines issued for violations of covid rules

DUBAI 7 June 2021: Field inspections conducted by Dubai Economy across open markets and commercial establishments over the last weekend saw 74 fines being issued for various violations of Covid-19 precautionary guidelines. The violations, found […]

Dubai fines 82 firms for covid violations

DUBAI 31 May 2021: Dubai Economy identified 56 fines for violations of Covid-19 precautionary guidelines during inspections being conducted across open markets, shopping malls and commercial establishments. The penalties were mostly issued for non-compliance with […]

Covid Alert: Dubai fines 49 restaurants and cafes

DUBAI 29 May 2021: The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy imposed fines on 49 restaurants, cafes and cafeterias for failing to comply with the precautionary measure against Covid-19, which prohibits […]

Hamdan launches Dubai Next crowdfund platform

DUBAI 20 May 2021: Dubai Next, an integrated digital platform that allows ambitious youth and innovators from diverse nationalities in Dubai to secure the required funding to launch their projects, was launched by H.H. Sheikh Hamdan […]

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