• ‘UAE outpaces major nations in human development’

    “These efforts ensure sustainable development across all sectors, promising a bright future for generations to come,” he adds, referring to the 2023-24 Human Development Index report by the United Nations Development Programme in which the United Arab Emirates topped the regional countries.
  • ‘Emphasis grows on market protection over free trade’

    "We believe that enhancing competitiveness and ensuring that the nations offering the best products and services come out on top is more crucial than those offering the largest subsidies," he says, adding that from an economic standpoint, it is widely recognized that subsidies do not lead to the desired economic...
  • UAE sets more norms for ‘Qualifying Investment Funds’

    The new set of conditions brought in by the finance ministry look to shore up the integrity of the corporate tax system in order to boost the UAE's appeal as an investment haven.
  • UAE Ministry of Energy joins National ICV Program

    DUBAI, UAE - The Ministry of Energy and Infrastructure (MoEI) has joined UAE's National In-Country Value (ICV) program following a memorandum of understanding with the Ministry of Industry and Advanced Technology (MoIAT). The MoU was signed in the presence of Dr. Sultan Al Jaber,  UAE Minister of Industry and Advanced...
  • Sharjah’s Sabaa Sanabel wheat gets Made in the UAE mark

    SHARJAH, UAE -  Sabaa Sanabel wheat flour, made from the wheat produced here, has become the first national product to obtain the Made in the UAE mark. Sabaa Sanabel wheat flour has met the highest quality and safety standards in force in the UAE, boosting its competitiveness in the market...
  • Sustainable industries key driver of RAK economy

    “Ras Al Khaimah has adopted a clear long-term strategy based on establishing a balanced multi-resource economy,” he adds during a visit to a facility of the Kuwait Packaging Materials Manufacturing Company in RAKEZ, noting that the emirate’s economic flexibility has enabled it to adopt sustainable plans that will enhance its...
  • Dubai Customs, Dubai Chambers discuss support for private sector

    DUBAI, UAE - Dubai Customs and Dubai Chambers discussed supporting  businesses and the private sector and enhance the emirate’s competitiveness following Dubai's strategic plans and vision. These were the highlights of the meeting between Ahmed Mahboob Musabih, Director-General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation and...
  • Sharjah Chamber continues boosting the Emirate’s competitiveness

    SHARJAH, UAE - Sharjah Chamber of Commerce and Industry (SCCI) in 2022 continued its role in creating investment environment and reinforcing the position of the emirate of Sharjah as a global business hub. The SCCI also bolstered its competitiveness by protecting the interests of businessmen and supporting its members in...
  • UAE Cabinet approves penalties for flouting Nafis initiatives, programmes

    Launched as part of 'Projects of the 50', the program aims to accelerate the UAE's development journey and boost the economy.​ 
  • ‘Standardization key to enhancing quality of local products’

    UAE Minister of Industry and Advanced Technology (MoIAT) Dr. Sultan bin Ahmed Al Jaber said that hosting the International Organization for Standardization (ISO) Annual Meeting 2022 in Abu Dhabi aligns with the government's desire to benefit from global expertise.
  • Saudi Arabia to ban import of trucks older than five years

    Saudi Arabia has declared a ban on the import of trucks older than five years in order to raise the efficiency and competitiveness of the kingdom's transport sector.
  • Ruler establishes Dubai Council to deliver Emirate’s future vision

    The council will focus especially on boosting the emirate’s leading-edge competitiveness and leadership regionally and internationally.
  • Jordan to support industry with national projects

    Jordan’s Ministry of Industry, Trade and Supply will be establishing these projects as part of its implementation of the government's economic priorities towards improving investment environment in the country. This requires a review of the current support and incentive program for industrial activities.
  • Services to facilitate Golden Visa for doctors in UAE launched

    The long-term visa allows foreigners to work, live and study without needing an Emirati sponsor.
  • Part II: Competitiveness: UAE tops leading economies including Canada, Norway

    The UAE has outperformed various advanced economies such as Sweden, Norway and Canada when its comes to competitiveness and has jumped 21 ranks between the years 2011 and 2018, according to a latest report. According to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss-based Insatiate...
  • Competitiveness: UAE tops leading economies including Canada, Norway

    The UAE has outperformed various advanced economies such as Sweden, Norway and Canada when its comes to competitiveness and has jumped 21 ranks between the years 2011 and 2018, according to a latest report. According to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss-based Insatiate...