Jiaozi Fintech Dreamworks and DIFC will collaborate on key sectors such as blockchain, artificial intelligence, big data and cloud computing
Saudi Arabia was the emirate’s top trading partner during the period, accounting for Dhs17.91bn worth of trade
Small businesses turn to digital channels to survive the pandemic
There are over 1,000 companies from 96 countries that are a part Jafza’s Retail and General Trading sector
Businesses can use the marketplace to buy PPE at reduced costs, generate new leads, and build long-term partnerships with reliable suppliers
The company has already processed more than 17,000 transactions for over 1,400 customers
The agency will be the only entity responsible for dealing with dhows during their presence in Dubai waters
Innoway, dubbed China’s Silicon Valley, has incubated over 3,400 startups and raised approximately Dhs4.7bn
The value of the country’s food imports in the first quarter of this year amounted to Dhs17.98bn
Aluminium, as well as fresh and chilled meat, topped the list of commodities imported by the UAE from Australia
The UAE’s non-oil trade in 2019 grew 4.4 per cent from Dhs1.536 trillion in 2018
As a key international trading partner, how is the region protecting its supply chain during the current crisis?
The move is in line with Dubai government’s directive for private sector businesses to operate at full capacity
The decision is applicable for a period of four months starting May 15, 2020
SAFEEN FEEDERS will introduce a feeder service linking Abu Dhabi to ports serving the UAE, the wider Gulf region and the Indian subcontinent
The plaza, which will offer refueling and recreational facilities, will cover an area of more than 87,000 square metres
DP World aims to connect all of its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens
The new product will be introduced this summer in the US, and will be subsequently rolled out in other markets worldwide
Following the Covid-19 outbreak, the kingdom introduced two initiatives worth $665m to support farmers and facilitate food imports
The airport processed 7,315 cargo flights in March
Approximately 98 per cent of companies in Abu Dhabi are SMEs, contributing 29 per cent of the emirate’s GDP and 44 per cent of its non-oil economy
It is using the Emirates passenger fleet to transport cargo in the overhead bins and and on the seats, in addition to the belly of the aircraft
Customs transactions in Dubai reach 4 million in Q1 2020, up 60 per cent year-on-year
A self-clearance service will allow companies to clear shipments themselves without resorting to customs brokers
Nearly 65 per cent of British Business Group members say they need more clarity on the UAE government schemes available to them
The testing of the employees would be carried out in coordination with the Department of Health (DoH)
For existing licence holders, the new fee will apply at the time of renewals
Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel
DAFZA will also cancel fines issued to companies
It has also created Digital Freight Alliance, an online association that brings freight forwarders globally onto one platform