UAE nationals constitute about 72 per cent of social media business licences issued since 2017
Author: Varun Godinho
US-China trade war: How will it impact the Middle East?
The trade war between the United States and China seems to be continuing without end. So what might come next?
More Abu Dhabi business licences being issued
New business licences in Q2 2019 up 44 per cent from same period in 2018
Dubai’s DP World slams Djibouti’s plan to disregard international adjudications
The case has seen five rulings by London courts over the last three years
DP World’s Dubai shipping container volumes fall for fifth consecutive quarter
DP World blamed the drop on the loss of lower margin cargo and challenging market conditions
Kuwait moves to protect its ports amid Gulf tensions
Relations between Iran and the West have become increasingly strained
Dubai’s DP World set to raise $1.3bn in bonds and sukuk
The proceeds of the sukuk will be used for general corporate purposes
Dubai’s DP World hires Citi, StanChart for new 10-year Islamic bond
A series of investor meetings are set to be held in Hong Kong, Singapore and London
Canada export agency lifts “closed” status on Saudi Arabia-related business
Export Development Canada changed its position from “closed” to “open on a restricted basis”
DP World launches India-UAE Bridge initiative
The initiative aims to attract Indian trade and investment to its flagship Jebel Ali Port and Jebel Ali Free Zone
China’s East Hope Group considers $10bn investment in UAE
The Chinese manufacturing company is working with Kizad to develop industries over 15 years in a three-phase plan
Dubai’s Jebel Ali freezone waives Dhs35m in fines
Jafza said the move supports the UAE’s designation of 2019 as the ‘Year of Tolerance’
Dubai’s DP World acquires Canadian terminal Fraser Surrey Docks
The marine terminal has 1,200 metres of berth and 189 acres of yard
Importing cigarettes without ‘digital tax stamp’ now prohibited in the UAE
It will also be illegal to sell any unmarked cigarette packs in local markets as of August 1
Sheikh Mohammed meets with Chinese President in Beijing
The UAE leader is in Beijing to participate in the Belt and Road conference
DP World’s Q1 shipping container volumes fall in UAE, flat globally
The Dubai-based company handled 3.5 million TEU in the UAE, down 8.8 per cent year-on-year
Dubai’s DP World posts 10% rise in 2018 profit despite global trade tensions
The company’s full-year revenue was $5.65bn versus $4.72bn a year ago
14,000 social media accounts shut down in Dubai for selling counterfeit goods
The accounts, closed in 2018, had a combined 77.9 million followers
DP World asks court to halt antitrust probe at Mumbai port
Last year the Competition Commission of India said it suspected antitrust violations by DP World and Denmark’s A.P. Moller-Maersk at terminals they operate
Saudi oil exports up 12.7% in December
The value of Saudi non-oil exports rose 11.8 per cent in December
UAE denies change in policy regarding access to Qatar at ports
A news report had claimed that the UAE had eased a ban on shipping to and from Qatar
Dubai’s DMCC opens new coffee centre, in talks with major coffee traders
The centre can handle up to 20,000 tonnes annually of coffee, equivalent to $100m
UK has approached GCC states for post-Brexit trade pact – UAE minister
Sultan bin Saeed al-Mansouri also said it was important for UAE not to take sides in China-US trade tensions
Dubai’s DP World chairman says 2019 will be challenging
The US-China trade dispute has created uncertainty in the market
