economy

World Bank recognises Bahrain among top-10 most improved economies in world
Bahrain has been ranked among the top-10 most improved economies in the world in this year’s Doing Business 2020 report, up 19 places to 43rd place since last year in the World Bank’s assessment of 190 countries.
DP World expects further growth despite trade wars and Iran tensions
DP World is considering more acquisitions in logistics sector as it pursues vertical integration
Dubai eyes more investment amid slower economic growth
Dubai's strengths as a logistics hub and open market also make it vulnerable to global economic cycles
UAE logistics sector's contribution to GDP projected to hit 8% by 2021
As part of the UAE’s economic diversification plan UAE Vision 2021, Abu Dhabi Economic Vision 2030 and Dubai’s Industrial Strategy 2030, the development of the logistics sector is seen as a strategically important goal for sustained long term success of the national economy
UAE has the most promising economic growth prospects in region - report
The UAE has moved up three places in the rankings since last year, largely due to advances in infrastructure development, particularly in transport.
Dubai launches e-statistics system for better data to clients and decision makers
Dubai Customs’ electronic systems used in collecting and analysing trade and customs statistics provides a clear picture of how our national economy is performing.
Logistics included in UAE economic activities eligible for 100% foreign ownership
UAE Cabinet approves 122 economic activities across 13 sectors for up to 100% foreign ownership
JAFZA joins economic stimulus fight with AED 1.3-billion in refunded fees
The money will be returned in cash and bank guarantees to its clients in an effort to stimulate the broader economy, according to reports.
Dubai external non-oil trade remains above AED1-trillion despite headwinds
The emirate’s overall trade performance reflects its status as one of the world’s best performing trade logistics service providers.
Wholesale and retail market index good news for UAE 3PLS in 2019
The wholesale & retail sector saw the strongest overall improvement in business conditions at the start of 2018, rising to 56.3 on the index.
UAE VAT laws create flurry of consultancy demand from logistics firms
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.
ANALYSIS: LSPs will benefit most from changes in 2016
Logistics service providers stand to benefit most from structural changes in UAE economy according to Frost & Sullivan report.

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