Dubai’s economy continues to experience sustained growth from the contribution of business tourism, thereby driving the nation’s economic diversification agenda prioritised in the UAE Centennial 2071 strategy. As such, the Dubai World Trade Centre’s, DWTC, latest Economic Impact Assessment report for 2018 saw a record AED13.1 billion, equivalent to 3.3 percent of the emirate’s Gross […]

Following the success of the first ever City-Experience Mini Program launched by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) in collaboration with WeChat, the programme has been further enhanced with the launch of 10 new digital audio tours which are available for visitors to use while exploring the city. Inviting the users of China’s most […]

In a sign of continuing investor confidence in Dubai and new opportunities arising across diverse economic sectors, the Department of Economic Development (DED) in the emirate issued 2,394 new licenses for various professional, commercial, industrial and tourism activities in June 2019. According to the Business Registration and Licensing (BRL) sector in DED 58.5% of the […]

New banking and licensing solutions tailored to the needs of startups, an uptick in the number of fintech startups specialising in SME banking and increased cooperation between UAE banks and the country’s startup ecosystem are among the key achievements outlined by the Dubai Chamber-led working group on SME banking. The working group, in cooperation with […]

The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy is adopting a new technology based on artificial intelligence (AI) to fight counterfeiting in Dubai. Developed by the US company ‘Entrupy,’ the new technology will help detect counterfeit goods sold across shops in Dubai. The new technology is being adopted in line with the […]