Daily Archives: September 8, 2020

Federation of UAE Chambers of Commerce discusses private sector policies to address future, current situation

DUBAI, The Secretariat-General of the UAE Federation of the Chambers of Commerce and Industry and the directors of various chambers of commerce in the country have reviewed the private sector policies adopted by the UAE to address the future and current situation. It also monitored the progress of financial and economic incentive packages launched by

OPEC daily basket price stood at $41.64 a barrel Monday

VIENNA, The price of OPEC basket of thirteen crudes stood at US$41.64 a barrel on Monday, 7th September 2020, compared with $43.42 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon),

Jebel Ali Port welcomes container ship HMM GDANSK on maiden visit

DUBAI, DP World’s flagship Jebel Ali Port has welcomed HMM GDANSK, one of the world’s largest container vessels, which is now on the return leg of her maiden international voyage between the Far East and Europe. Jebel Ali is the only port in the Arabian Gulf region connected to the arterial FE3 (Far East 3)

Halal economy estimated to worth $3.2 trillion by 2024: DAFZA Halal Guidebook

DUBAI, The Halal economy is estimated to be worth $3.2 trillion by 2024, according to the newly launched second edition of the Halal Guidebook titled ‘Dubai – A Global Gateway for Halal Industry: A Step-by-Step Guide.’ The Guidebook unveils key trends that will have a lasting impact on the regional economy and assists in providing