The price of the OPEC basket of thirteen crudes stood at US$64.53 a barrel on Wednesday, May 28th, 2021, compared to $63.91 the previous day according to calculations by the organization. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …Read More »
UAE’s DP World eases global trade by introducing an online shopping platform that simplifies international transactions.
Trade enabler DP world has launched DUBUY.com, a global wholesale e-commerce platform that is now available in Rwanda with plans to expand across Africa and around the world. DUBUY.com adds digital trading corridors to the physical corridors DP World has built across the African continent with its investment in ports, …Read More »
The Dubai Land Department announced a total of 1,791 real estate and property transactions were made during the week ending 29th April. These deals are worth AED8.5 billion in total, according to the report that was published on Thursday. 121 plots were sold for AED526.63 million, 1,121 apartments and villas …Read More »
ABU DHABI, 2nd May, 2021 (WAM) — In March and April, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) of the UAE has welcomed officials from the US Government for a series of virtual meetings and workshops, which are expected to continue in the following months to cover a …Read More »
ABU DHABI, 2nd May, 2021 (WAM) — Five major global organisations specialising in assessing competitiveness have ranked the UAE among the top ten countries in the world in 28 competitiveness indexes related to finance and taxes. This was highlighted by a report by the Federal Competitiveness and Statistics Centre (FCSC), …Read More »
Dubai Chamber of Commerce and Davidson & Co. recently hosted a webinar on amendments made to UAE laws for bounced cheques, including details on provisions for collecting money owed, what happens if the debtor requests collateral (or doesn’t), and other penalties available to those reporting bounced checks. A total of …Read More »