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The U.S. dollar inched higher versus a basket of major currencies on Tuesday. Oil markets were split. (Shutterstock)
February 20, 2018 - 14:07 GMT
Here are the top five things you need to know in global markets on Tuesday, February 20.
The tickets for Dubai Frame are priced at AED 50 for adults and AED 20 for children.
February 20, 2018 - 12:05 GMT
Dubai Municipality announces that the opening hours of Dubai Frame have been extended by three hours.
The agreement was signed on the sidelines of DWSC’s participation in Gulfood 2018.
February 20, 2018 - 11:31 GMT
Dubai Wholesale City has announced that Jaleel Holdings will construct a cash and carry facility with an investment value of AED 100 million in the region’s largest fully integrated wholesale hub.
The new law is regarded as an essential element in the drive to diversify the economy away from oil dependency. (File photo)
February 20, 2018 - 11:24 GMT
Saudi Arabia has enacted a law that will equip it with a new, modern framework for corporate bankruptcy.
Intensive training to Dubai Customs officers and equipping the centers with the latest inspection equipment were among the reasons behind this achievement.
February 20, 2018 - 10:58 GMT
Dubai Customs made 1,628 seizures during 2017 compared to 1,347 seizures in 2016, which means a 21% increase over 2016.
The meeting discussed ways to consolidate cooperation through the exploration of investment opportunities in agriculture, food, tourism, logistics, shipping and air transport.
February 20, 2018 - 10:52 GMT
H.E. Abdullah bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade Affairs recently met with H.E Ayana Zewdie, Ethiopian, Minister of State for Trade, to discuss strategic ways on how to further enhance cooperation with Ethiopia.
The report ranked Egypt low in all areas related to the rule of law, including law enforcement, government powers and corruption. (File photo)
February 19, 2018 - 19:00 GMT
Egypt has ranked 110 out of 113 nations in a report on perceptions of how the rule of law is applied, just after Venezuela, Cambodia and Afghanistan.
About 12 Saudi and 9 UAE companies could potentially list on local exchanges in 2018. (AFP/ File)
February 19, 2018 - 11:47 GMT
Saudi Arabia and the UAE are expected to be the biggest contributors with a number of announced IPOs in the pipeline this year.
The EDB’s record number of investments in 2017 represents a significant increase of 161% compared to 2016.
February 19, 2018 - 10:45 GMT
The Bahrain Economic Development Board (EDB) on Sunday announced a record year for inward investment in 2017, having attracted 71 new companies to Bahrain with investments amounting to $733 million.
February 19, 2018 - 09:17 GMT
Dubai Customs continued its efforts in bolstering Dubai’s external food trade.
Running from February 18-22, Gulfood 2018 is expected to attract more than 97,000 attendees. (File photo)
February 18, 2018 - 11:10 GMT
The world’s largest food and hospitality exhibition returns to Dubai with exhibitors from across the globe.
Saudi Arabia has some of the world's tightest restrictions on women. (Fayez Nureldine/ AFP)
February 18, 2018 - 10:45 GMT
The Saudi Ministry of Commerce announced on Twitter that women in Saudi Arabia will no longer need their male guardian’s permission to start a business.
Cross-border commercial traffic was suspended after South Sudan declared independence in 2011. (Courtesy of Voa News)
February 15, 2018 - 13:43 GMT
Cross-border commercial traffic was suspended after South Sudan declared independence in 2011.
DP World Group chairman and CEO Sultan Ahmed Bin Sulayem speaking at the World Government Summit in Dubai.
February 15, 2018 - 12:15 GMT
The government of Dubai, global trade enabler DP World and the government of the Indian state of Jammu and Kashmir have signed an agreement to explore opportunities to develop trade infrastructure in the Indian state.
Corruption in the real estate sector is one of many instances of corruption in Lebanon. (Shutterstock)
February 15, 2018 - 11:35 GMT
A senior judge said that corruption in the real estate sector was costing Lebanon up to $40 million a year.
Vikas Panchal, Business Head at Tally Solutions
February 15, 2018 - 11:22 GMT
Value-Added Tax (VAT) has been the subject of discussions, debates, reviews and opinions in 2017. The anxiety and fear that surrounded this term was not just extraneous, but placed unnecessarily. But with the onset of 2018, life moved on!