The UAE is the Middle East’s most attractive retail market, according to Arcadis, the company that helped design the Burj Khalifa. The consulting firm's report also reveals that the Emirates is the eighth most popular shopping destination in the world. Experts say it’s all down to the country's strong infrastructure and business-friendly atmosphere. New residential communities are also boosting demand for retail services.
US trade chief sees only limited role for WTO
The World Trade Organisation will play only a limited role in global trade policy after a failed ministerial meeting in Cameroon, US Trade Representative Jamieson Greer said on Monday, vowing to seek alternative arrangements with like-minded countries.
Dubai South awards AED 2 billion contract for development of 'Hayat' project
Dubai South Properties has awarded a AED 2 billion contract for the development of multiple phases of the 'Hayat' project, a luxury master-planned community spanning 10 million square feet.
Australia to halve tax on fuel, underwrite spot cargoes
Australian Prime Minister Anthony Albanese has announced on Monday that the government would halve the excise on fuel and diesel and remove the heavy road user charge for three months to help households cope with a surge in costs driven by the Iran war.
Business leaders affirm strength of Dubai's diversified economic model
Leaders of Business Groups operating under the Dubai Chamber of Commerce say the emirate continues to build on a strong and resilient economic model, driven by diversification, close public-private sector collaboration, and the ability to respond quickly to global change.
WTO advances world’s first digital trade rules despite opposition
A group of World Trade Organisation members agreed on Saturday to sidestep adoption hurdles for the world's first baseline on digital trade rules, opting to bring the agreement into force among consenting participants, the WTO said.
Four people were injured on Tuesday after debris from a successful interception fell on residential houses in southern Dubai, with property in the area damaged.
Motorists in the UAE will pay more at the pumps in April.
The UAE's Ministry of Defence has announced that it is responding to incoming missile and drone threats from Iran on Tuesday, with the public advised to remain in a safe location.
