The United Arab Emirates (UAE) economy is likely to contract by 3.6% this year after economic activity slowed because of the coronavirus pandemic, the central bank said on Wednesday. In the first …
E-commerce will play ‘massive role’ in UAE retail: Dubai Future Foundation
The coronavirus pandemic has accelerated e-commerce activity in the United Arab Emirates, and online shopping is likely to keep playing a “major role” even as businesses and consumers emerge from …
Atradius: UAE firms fear spike in payment defaults as pandemic chokes business
Corporations in the United Arab Emirates expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the …
Expats Are Leaving Dubai, and That’s Bad for the Economy
Oxford Economics estimates the United Arab Emirates, of which Dubai is a part, could lose 900,000 jobs — eye-watering for a country of 9.6 million — and see 10% of its residents uproot. Newspapers …
The Latest: UAE Capital Extends Virus Lockdown Another Week
The capital of the United Arab Emirates has extended an emirate-wide lockdown for another week over the coronavirus pandemic.
UAE Says Egypt Initiative for Libya Boosts Peace Track
The United Arab Emirates supports a new Egyptian peace initiative for Libya as a move towards a ceasefire and political solution, a senior official said on Monday. The UAE, Egypt and Russia back the …
Apple Stores in UAE to reopen on June 8
Apple is preparing to reopen more of its retail outlets as the spread of COVID-19 is being managed, with three Apple Stores in the United Arab Emirates opening for business on June 8 complete with the …
Emirates, Etihad to resume transit flights, Qatar Airways adds more
Emirates and Etihad Airways will resume some transit flights after the United Arab Emirates (UAE) lifted a suspension on services where passengers stop off in the country to change planes, or for …
Emirates, Etihad to resume transit flights after UAE lifts suspension
Emirates and Etihad Airways will resume some transit flights after the United Arab Emirates (UAE) lifted a suspension on services where passengers stop off in the country to change planes, or for …
Etihad to resume transit flights after UAE lifts suspension
Abu Dhabi’s Etihad Airways will resume carrying transit passengers from certain destinations on June 10 after the United Arab Emirates government lifted a suspension on those flights.