Immediate fines for manipulators at the prices of disinfectants and sterilizers, up to 100 thousand dirhams
Source: Al-Bayan The Ministry of Economy confirmed yesterday that immediate fines of up to about 100 thousand dirhams against manipulative shops at the prices of disinfectants and sterilizers, stressing that they will not tolerate any violating place and take advantage of the precautionary measures taken by the state to confront the Coronavirus Covid 19. The […]
Emirates Aluminum extends agreement with Vietnam\’s Finacomin to obtain alumina until 2023
Emirates World Aluminum has signed a new 3-year contract with the Vietnamese company Finacomin to continue to supply alumina to the UAE until 2023. Under the agreement, Emirates World Aluminum will continue to purchase up to 300,000 tons of alumina from Finacomin annually. This agreement is an extension of the agreement signed by the two […]
Expected growth of UAE and Lithuania cooperation
source: Al-bayan Linas Linkevicius, Minister of Foreign Affairs of Lithuania, expressed his hope to develop bilateral relations with the UAE in various fields, expecting that UAE-Lithuanian economic cooperation relations will grow by 50% during the next stage. He stated that the UAE is one of the most developed countries in the Middle East and we […]
The first emirates regionally in stimulating the economy
Source: Al-Bayan UAE maintained its struggle for the countries of the Middle East and North Africa in 2019, issued by the British international Fitch Solutions International Economic Studies Foundation. The history of the global economy throughout the year 2019, when the index was awarded 7.5 out of 10 degrees, which is the highest score any […]
UAE and Uzbekistan sign minutes of meeting for air transport services
Source : Emirates alyoum The United Arab Emirates and the Republic of Uzbekistan held a round of air transport discussions in the Emirate of Dubai. During this tour, ways of cooperation between the two countries were discussed, and air traffic increased to different cities in both countries. These discussions resulted in the signing of the […]
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The second UAE in the world in the ratio of entrepreneurs to the population
source: AL-bayan UAE was ranked second in the world in the ratio of entrepreneurs to the total population of the country, according to the data contained in the \”Global Entrepreneur Report 2019/2020\”, released yesterday by the \”Global Observatory of Entrepreneurship\” in London. The percentage of entrepreneurs in the Emirates to the total population of adults […]
The first regional emirates to finance startups
source: AL-bayan The UAE ranked first regionally in terms of the total value of start-up financing, recording $ 418 million, in a report issued by the Magnet platform specializing in startups, followed by the list in Egypt with $ 95 million, then Saudi Arabia with $ 67 million, and Jordan’s solution Fourth with 41 million […]
678,573 economic licences issued in February
source:WAM According to statistics from the National Economic Register of the Ministry of Economy, the number of economic licences issued in the UAE grew to 678,573 in February 2020, compared to 676,256 in January. This increase highlights the ongoing economic growth around the country. The Central Bank of the UAE noted that the country’s macroeconomic […]
UAE National Sports Day Postponed !
The National Olympic Committee has decided to postpone the National Sports Day until further notice. The decision has been taken on the recommendation of the Executive Office of the event in coordination with all concerned parties.