April 15, 2023

Dubai: Residents Stay Awake at Midnight for Online Sale, Reveal Top 5 Deals

Dubai residents are buzzing about a recent online sale that has them staying up until midnight to snag the best deals. Check out the top 5 deals and find out what makes them so popular.

April 14, 2023

UAE Approves Additional $1 Billion Funding to Pakistan: Finance Minister Dar

The UAE has approved an additional $1 billion in funding for Pakistan, as announced by Finance Minister Dar. Learn more about this development and its potential impact on Pakistan’s economy.

April 14, 2023

Dubai Announces Massive Online Sale: Up to 95% Off on Your Favorite Brands!

Get ready for the biggest online shopping event of the year! Dubai announces a massive online sale with discounts up to 95% off on your favorite brands. Don’t miss out on this opportunity to save big!

April 14, 2023

UAE Confirms to IMF Support of Dollar 1 Billion to Pakistan: Pak Finance Minister

UAE has announced its support to Pakistan by offering a billion-dollar loan to the International Monetary Fund (IMF) amidst the country’s economic crisis.

April 14, 2023

UAE: Abu Dhabi University Launches Innovative ChatGPT Guidelines for Students and Faculty Members

Abu Dhabi University has introduced ChatGPT guidelines for students and faculty members to enhance their learning and communication skills. Read on to learn more about this innovative initiative

Brand
April 14, 2023

The Mena Nation Brand Value has been topped by the UAE with a value of Dh3.540 trillion.

Mena Nation Brand Report 2021 has revealed that the UAE’s nation brand value has increased by 6.6% compared to the previous year, driven by its strong economic growth and government initiatives aimed at diversifying the economy and promoting innovation.

Al Ansari Financial Services has experienced an increase in transaction volumes of over 30%
April 4, 2023

Al Ansari Financial Services has experienced an increase in transaction volumes of over 30%.

Al Ansari Financial Services has been experiencing strong growth in transaction volumes, attributed to the UAE’s robust economy and increasing popularity of digital financial services. The company has been investing heavily in digital technologies and offering innovative solutions that cater to modern consumer needs.

Domestic demand for goods and services is expected to reach 3 trillion dirhams by 2033, up from 2.2 trillion dirhams in the previous decade. Meanwhile, digital transformation will see an annual contribution of 100 billion dirhams to digital transformation projects. Similarly, the UAE announced in November a strategy to increase its gross domestic product to 3 trillion dirhams by 2031 by increasing non-oil exports and tourism.
Prerna
by Prerna
March 28, 2023

Dubai New Economy Plan Which Targets 30 unicorns in a decade.

On Wednesday, Dubai unveiled a 32 trillion dirham ($8.7 trillion) economic plan with aims to boost trade and investments over the next decade as it seeks to double the size of the emirate’s economy. The new agenda, also known as D33, comprises up to 100 transformative projects in Dubai as the government strives to rank […]

UAE's GDP Cross 7.6% in 2022.
Prerna
by Prerna
March 27, 2023

UAE’s GDP Cross 7.6% in 2022.

According to UAE Minister of Economy Abdullah bin Touq Al Marri, the UAE’s GDP would grow by 7.6 percent in 2022, more than double the expected 3 to 4% growth. “When the Central Bank (of the UAE) and all of the country’s financial institutions declared in March last year that the UAE’s GDP would rise at a rate of 3 to 4%. Now, and this has yet to be reported, we are looking at a (growth rate of) 7.6 percent,” Al Marri added.

Dubai announces plan to 'double' economy in next decade.
Prerna
by Prerna
March 27, 2023

Dubai Announces A New ‘Double’ Economy Plan.

Dubai’s ambitious aim to double its economy in the next decade underscores the emirate’s ongoing commitment to economic growth and development. To encourage innovation and generate new opportunities for businesses and individuals, the strategy calls for investments in important sectors such as tourism, trade, logistics, and technology.

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