Dubai Expo 2020 will boost the UAE’s GDP by 5%. That’s according to research by the specialist emerging and frontier markets investment bank, Arqaam Capital. It says the Dubai Expo will be bigger and better than the recently concluded Milan Expo, adding AED 86 billion to the country’s GDP. It’s due to the projected increase in consumption and tourism directly related to the Expo, with officials expecting 25 million visitors at the event.
UAE, Belgium hold third round of political consultations in Abu Dhabi
The UAE and Belgium held the third round of political consultations in Abu Dhabi, exploring avenues to further expand non-oil trade, foster private sector partnerships and enhance investment in key sectors like energy and advanced tech.
AED 100 million boost for Mother of Nation Endowment for Orphans
The Mother of the Nation Endowment for Orphans initiative has received a contribution of AED100 million from Erth Zayed Philanthropies following the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister.
UAE, Bahrain coordinate 100‑tonne Gaza aid shipment
Bahrain's Royal Humanitarian Foundation has dispatched a 100-tonne urgent relief shipment to the Gaza Strip in coordination with the UAE's Operation Chivalrous Knight 3 and the Emirates Red Crescent.
Child’s quad bike ride lands parent in legal trouble
Dubai Police have confiscated a recreational motorbike and taken legal action against a guardian after traffic patrols stopped a child riding on a public street, accompanied by another child.
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