Confidence levels in Dubai’s economy have improved, especially in the trading and construction sectors.
According to the Department of Economic Development’s quarterly survey, more businesses are expecting an increase in their volumes and revenue.
Exporters and large companies are the most optimistic ones.
The positive outlook is mainly driven by the government’s business-friendly measures and new projects in the run-up to Expo 2020 Dubai.
ADNOC's XRG advances global gas strategy with Venezuela entry
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Iger, Kushner purchasing Lakers for record $12.5 billion
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
Chair of India's Tata to step down after tension with controlling charity
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Emirates offers flyers to Dubai unlimited free date changes
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
US court rules Meta, other tech firms must face thousands of social media addiction lawsuits
A US appeals court has allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat on Monday over claims they designed their products to be addictive to young users.
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Pinoy Expat Corner
What are the rules and laws in the UAE regarding car modifications that every car owner should know?
Pinoy Expat Corner
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Pinoy Expat Corner
What inspired them to choose running as their form of exercise despite their busy work schedules as OFWs?
