UAE’s real non-oil GDP grew by 7.8 percent in the fourth quarter of 2021, owing to the easing of business closures and the decline in restrictions on international travel, the Central Bank of the UAE (CBUAE) said. The bank said there was a 9.3 percent annual increase in Emirati oil...
UAE to ease Covid curbs, allow bigger home gatherings
Owing to the decline in the transmission of coronavirus in the country, the United Arab Emirates has decided to relax the restrictions and permit citizens to take part in weddings and gatherings at home.
UN report says global FDI rebounds to $852bn in H1
A United Nations report has depicted a positive picture of global foreign direct investment during the first half of 2021. As much as $852 billion in FDI was recorded by countries across the world on the back of growing investor confidence.
ACC of Saudi Arabia expects a rebound in business
Arabian Centres Company (ACC), the Saudi mall operator, is expecting an improvement in the business in the wake of the easing of Covid pandemic restrictions in the kingdom.
London draws buyers from Middle East with hot property deals as fear of Covid eases
Buyers from Middle East have been scouting London for property deals in prime central London, with sales in the first eight months of 2021 surpassing those for the whole of 2020.
Dubai airport expects heavy inflow of passengers as UAE eases curbs
Dubai airport is expecting a heavy inflow of passengers with the UAE’s announcement that there would be an easing of travel restrictions from African and Asian countries.
Stocks gain in Qatar while government begins to ease Covid restrictions
Other stock exchanges were stayed dull, posting modest gains and losses The Gulf Arab state said that leisure and education centres and restaurants can reopen Stock prices shot up on Qatar stock exchange on Thursday encouraged by a positive atmosphere that the country was going to ease coronavirus curbs. Across...
