UAE allots $100m to support countries affected by ‘irregular migration’

The UAE has allocated $100m (Dhs367m) to support development projects in countries affected by irregular immigration, including backing initiatives proposed in the Rome Process. The announcement was made by UAE’s President Sheikh Mohamed bin Zayed Al Nahyan at the International Conference on Development and Migration in Rome on Sunday, according to state news agency WAM. […]

UAE chases 7% growth to double economy to over $800bn

The United Arab Emirates is looking to accelerate economic growth as it seeks to double its gross domestic product to over $800b by the end of the decade. “The focus is to grow by 7 per cent,” Abdulla bin Touq Al Marri, the country’s economy minister, said in an interview with Bloomberg Television. “We need […]

DIFC Courts reports Dhs15bn in claims value in H1 2023

The Dubai International Financial Centre (DIFC) Courts announced its performance highlights for H1 2023. The value of cases across all divisions recorded a 692 per cent increase during the period compared to H1 2022, with a total value of Dhs15bn across 455 cases filed. In the main Court of First Instance (CFI), 52 cases were […]