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Page 6 - கூட்டாட்சியின் போட்டித்திறன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ajman Chamber of Commerce and Industry signs MoU with Zbooni

UAE: How your spending is aiding economic recovery so far in this pandemic

Dubai: Optimism regarding the UAE economy’s recovery has increased significantly among consumers and residents, surveys reveal. Data also shows how new patterns of spending and saving are emerging a year into the health crisis, especially as pandemic-related restrictions are seen easing in different parts of the UAE. The UAE economy contracted 5.8 per cent last year but is on track to post 2.5 per cent growth this year, view economists, in line with the UAE central bank’s latest indications. The central bank had revealed that it expected to see a full economic recovery in 2022, with growth rising to a 3.5 per cent rate.

Apply to the Globee® Awards Annual 2021 Golden Bridge Awards

UAE among global top 20 for entrepreneurship

UAE among global top 20 for entrepreneurship ABU DHABI, 5 days ago The UAE is among the 20 leading countries in 13 global competitiveness indexes related to entrepreneurship in 2020, according to reports from five specialised global institutions. According to the Federal Competitiveness and Statistics Centre (FCSC), the UAE s international successes included top rankings in the IMD World Competitiveness Yearbook, the Travel and Tourism Competitiveness Report, the Global Competitiveness Report 4.0, the IMD World Digital Competitiveness Ranking and the Doing Business 2020 Report. The reports show the UAE’s success in providing the best legislative and procedural frameworks to drive entrepreneurship in the country, be it in business agility, the availability of investment capital or the conducive climate for establishing SMEs, surpassing several leading global economies, including the US, Canada, UK, China, Japan and many others, reported state news agency Wam.

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