Mohamed bin Zayed: Ambitious economic vision for UAE Centennial 2071
Under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE will unswervingly continue to implement its comprehensive strategy and vision to build a sustainable knowledge-based economy that ensures a prosperous future for generations to come. In this report, the Emirates News Agency (WAM) sheds lights on the economic vision of […]
Federal Supreme Council elects Mohamed bin Zayed as UAE President
The Federal Supreme Council today unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the United Arab Emirates. The Council held a meeting today at Al Mushrif Palace in Abu Dhabi, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The meeting […]
Sharjah Ruler issues Emiri Decree on Sharjah Chamber of Commerce and Industry
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Emiri Decree No.36 for 2022 regarding formation of the Board of Directors of Sharjah Chamber of Commerce and Industry (SCCI). The decree stipulated that the board of directors of the Sharjah Chamber of Commerce and Industry would be […]
Gross UAE banks’ assets rise to $905bln
Gross assets of banks in the UAE, including bankers’ acceptances, increased by 0.8 per cent to Dh3.322 trillion at the end of December 2021 from Dh3.295 trillion at the end of November 2021, the Central Bank of the UAE (CBUAE), said. Gross credit increased by 0.3 per cent to Dh1.794 trillion from Dh1.788.3 trillion during […]
UAE’s non-oil contribution to GDP hit 72.3% in 2021
The UAE’s non-oil sector contribution to the GDP amounted to 72.3 percent in 2021, up from 71.3 percent in 2020, data by the Federal Competitiveness and Statistics Center, revealed. The hotels & restaurants, wholesale & retail and health & social services sectors contributed 21.3 percent, 14.1 percent and 13.8 percent respectively, during the reference period. […]
Ajman Chamber membership tops 58,000 during 2021
Ajman Chamber of Commerce and Industry (ACCI) witnessed growth in the total number of registered members during 2021, as the total number of members reached 58,038 members, compared to 36,000 during 2020, with a growth rate of 7 percent. Commercial licenses were issued during 2021, with a total of 21,077 memberships, followed by professional memberships […]
Indian hospitality brand Chokhi Dhani now in Dubai
Chokhi Dhani Group is a renowned hospitality brand from India known for its ethnic theme-based resorts representing the culture of Rajasthan. The group realised the need to represent the vibrant and colourful state. Around 30 years ago, the brand came up with the first of its kind Ethnic Village Resort in Jaipur with a vision […]
Sharjah’s SCCI records jump in new memberships in Q1 2022
The Sharjah Chamber of Commerce and Industry (SCCI) experienced a surge in the number of transactions and memberships during the first quarter of 2022, with estimated 1996 new companies joining and 15,572 memberships renewed, the highest since 2018. During this time, the SCCI’s total number of registered members reached 17,568, an increase of 8 per […]