The money will be returned in cash and bank guarantees to its clients in an effort to stimulate the broader economy, according to reports.
The emirate’s overall trade performance reflects its status as one of the world’s best performing trade logistics service providers.
The wholesale & retail sector saw the strongest overall improvement in business conditions at the start of 2018, rising to 56.3 on the index.
W T S Dhruva Consultants has seen a huge spike in demand for UAE VAT serivces across the retail, real estate, logistics, insurance, hospitality and energy sectors.
Logistics service providers stand to benefit most from structural changes in UAE economy according to Frost & Sullivan report.
Logistics is one of the most important industries in Jafza due to its strategic location between the Jebel Ali Port and Al Maktoum International Airport.
As the hub for 55% of the region’s trade, Dubai benefits from ongoing trade flows.
The economic impact of the turmoil is painfully apparent with once-busy airports are shut.
DP World to develop Maldives ports and logistics amid economic diversification push
A key driver in Saudi’s ‘misery’ is its current level of unemployment which, according to trading economics.com statistics, stands at 5.5%.
GCC region faces both challenges & benefits arising from price drop.
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