Trump to end India’s preferential trade treatment worth $5.6b

Washington: US President Donald Trump said on Monday he intends to end India’s preferential trade treatment under a program that allows $5.6 billion (Dh20.6 billion) worth of Indian exports to enter the United States duty free. “I am providing notice of my intent to terminate the designation of India as a beneficiary developing country under the […]

At the forefront of innovation

Your Excellency, how have the innovative activations that the Ministry of economy have initiated to enhance UAE’s knowledge-based economy percolated across to the UAE business community? Vision 2021 is the UAE’s blueprint for the future and underlines the significance of the country’s ambition to establish a diversified global competitive economy based on knowledge and innovation […]

Belgium awards contract for construction of pavilion for World Expo 2020 in Dubai

Dubai: Belgium has awarded the contract to build its pavilion at Dubai Expo 2020, it has been announced. The eco-friendly pavilion will showcase Belgian techniques, applications, products and materials throughout its exterior and interior spaces, and will also be designed to produce more energy than it consumes. A green ark spanning several levels, the pavilion […]

UAE cost of living eases as consumer price index falls 2.39 per cent in January

Dubai: Consumer prices in the United Arab Emirates fell 2.39 per cent in January, according to government data, when compared to a year earlier. Consumer prices also fell 0.12 per cent from December, the data released by the Federal Competitiveness and Statistics Authority showed. Economists have said prices would ease in 2019 in both Saudi Arabia […]