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.
H.H. Sheikh Hamdan approves second AED 1.5bn economic incentives package
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister and Defence Minister, has approved an additional AED 1.5 billion support package for Dubai’s business sector.
UAE minister affirms prospering economic model amidst regional developments
UAE's Minister of Economy and Tourism Abdulla bin Touq Al Marri has affirmed that the country continues to operate an economic model that is adaptable to global changes.
UAE plans nationwide Eid celebrations for workers
The Ministry of Human Resources and Emiratisation (MoHRE) will organise Eid Al Adha celebrations for workers at 30 locations across the UAE.
Tow truck driver dies during unloading accident in Dubai
Dubai Police are urging recovery vehicle operators to follow strict safety procedures following the death of a tow truck driver in an unloading accident.
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