As many as 9,913 business licences have been issued in the UAE during the first week of 2021.
That's according to the latest data released by the Ministry of Economy's National Economic Register (NER), which highlighted "the solid confidence of local and foreign investors in the national economy" despite the challenges posed by the pandemic.
The overall progress, they explained, stems from initiatives and stimulus packages injected by the federal and local governments.
Dubai ranked world’s third most startup-friendly city in new global index
Dubai has been named the third most startup-friendly city in the world, according to a new global index that measures how well cities support entrepreneurs and early-stage businesses.
OPEC+ keeps oil output steady following steep price drop in 2025
OPEC+ kept oil output unchanged on Sunday, after oil prices fell more than 18 per cent in 2025, their steepest yearly drop since 2020, amid growing oversupply concerns.
Tesla loses EV crown to China's BYD
Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, with intensifying competition, the expiration of US tax credits and damage to the automaker's brand hurting demand.
Dubai Duty Free celebrates record-breaking 2025
Dubai Duty Free has recorded the strongest year in its history, with annual sales reaching AED8.68 billion ($2.38 billion) in 2025, driven by record-breaking monthly performances and strong demand from international travellers.
UAE updates capital market laws to strengthen financial oversight
The UAE has introduced two new federal decree laws aimed at modernising how its financial markets are regulated and supervised.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired a Cabinet meeting in Abu Dhabi on Monday, reflecting on two decades of government transformation.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on his 20 years of leadership.
The UAE’s Deputy Prime Minister and Minister of Foreign Affairs, Sheikh Abdullah bin Zayed Al Nahyan, has met his Zambian counterpart to discuss ways to strengthen relations between the two countries.
