Business

The Ministry of Economy: More than 25,000 patents filed by 2020

The Ministry of Economy announced that the number of registered patents at the end of 2020 was 25598 while the number of patent applications was 1971. On World Intellectual Property Day, April 26, the ministry told the Emirates News Agency (WAM) that it continues to address the problem of counterfeit …

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UAE and Italy discuss strengthening bilateral trade

Etihad Credit Insurance (ECI), the UAE International Investors Council (UAEIIC), Dubai Exports, the Italian Trade Agency (ITA) and Confindustria, Italy’s largest industrial confederation, discussed cooperation in various areas, including increasing exports, foreign direct investment (FDI) and support for trade finance between the UAE and Italy. This high-level discussion is in …

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Dubai Aerospace orders 15 Boeing 737 MAX aircraft for $1.8 billion

Dubai Aerospace Enterprise (DAE) announced Tuesday that it has reached an agreement to acquire 15 Boeing 737 MAX 8 aircraft. The order is valued at approximately US$1.8 billion at list prices. DAE Managing Director Firoz Tarapore said, “We are excited to deepen our already strong relationship with Boeing. Including this …

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