Tag: economy
Fujairah oil product stocks hit near six-month low
(WAM / S & P Platts) -- Inventories of oil products at Fujairah on the UAE's East Coast have fallen to their lowest in...
Hamdan bin Mohammed chairs Dubai Executive Council meeting
(WAM) - Dubai Crown Prince and Chairman of the Executive Council H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, chaired today a meeting...
U.A.E. Sets Two-Stage Plan to Reopen Economy as Virus Spreads
(Bloomberg) -- The United Arab Emirates rolled out a two-phase plan to reopen the economy amid efforts to contain the spread of the coronavirus.
In the...
Expo Dubai To Be Held from Oct. 1, 2021 – Mar.31, 2022
Expo 2020 Dubai’s new dates have been confirmed with the two-thirds threshold being surpassed in a meeting held by the Bureau International des Expositions...
UAE Economy Will See 3.3 Per Cent Growth in 2021: IMF
International Monetary Fund's (IMF) World Economic Outlook predicts that the UAE economy will grow 3.3 per cent in 2021, even as it expects a...
Abu Dhabi Selling Triple-Tranche Bonds; US$25bln Worth Orders Already In: Sources
Abu Dhabi is said to have already received more than US$25 billion in combined orders for a planned issue of dollar-denominated bonds, which it...
‘UAE’s $70bn stimulus will help bank liquidity; soften coronavirus impact’
The recent additional stimulus package announced by the Central Bank of UAE will support UAE banks’ liquidity and limit their likely material asset quality...
Additional AED16 Billion Stimulus Package To Support UAE Economy
The UAE Cabinet on Sunday approved an additional AED16 billion economic stimulus package to bolster the country’s economy, ensure continuity of businesses, and manage...
China’s Economy to Return Fast to Potential Growth, PBOC Says
(Bloomberg) -- China’s economy will swiftly return to its potential growth rate and there’ll be a significant improvement in the coming three months, a senior...
Coronavirus Impact: Aldar Properties, Dubai Holdings, Meraas Roll Out Relief Initiatives
The Coronavirus (COVID-19) outbreak has prompted companies such as Aldar Properties, Dubai Holding, and Meraas to release billions and millions worth of packages aimed at...
