Turkey economy has worst showing in nine years after lira crisis

ISTANBUL: The Turkish economy contracted a sharper than expected 3 per cent in the fourth quarter of 2018, its worst performance in nearly a decade and a clear sign that last year’s currency crisis has tipped it into recession. Turkey, a major emerging market once seen as a star performer by international investors, achieved growth […]

UAE governments post Dh28 billion surplus

Abu Dhabi: The UAE government’s surplus posted Dh28 billion in the first nine months of 2018, according to the latest figures released by the Federal Competitiveness And Statistics Authority. The surplus increase is attributed to the rise in the UAE government’s revenues, which hit Dh304.5 billion in 2018’s first nine months, an increase of 4.8 […]

Dh3.41b impact on Abu Dhabi economy in 2018 from Adnec

ABU DHABI: Abu Dhabi National Exhibitions Company, Adnec, on Monday said that the value of its direct and indirect impact on the Abu Dhabi economy in 2018 registered Dh3.41 billion, taking the total value of its contribution to the local economy since its inception in 2005 to Dh32 billion. The company shared its 2018 results […]

Mohammad Bin Zayed approves Dh1 billion to boost UAE’s AgTech sector, create over 2,900 jobs

Dubai: His Highness Sheikh Mohamed bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces, has approved a series of incentive packages worth up to Dh1 billion for local and international agriculture technology (AgTech) and other companies to build and grow a presence in Abu Dhabi. The […]

The UAE’s biggest car rental and leasing online marketplace

OneClickDrive.com is the UAE’s first and largest online marketplace for car rentals and car leasing. As a user, you get a choice of cars from 50 rent-a-car companies across Dubai, Abu Dhabi, Sharjah and Ajman . You can lease a small Chevrolet Spark for as low as Dh1,200 per month or rent a Lamborghini Urus […]