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  Leaders from Iran and the United Arab Emirates met to help people in both countries. They signed an agreement to cooperate more on business and transportation. The ministers talked about ways to expand trade. They said working together could create more jobs and choices for consumers. Iran's transport minister said sharing roads and ports will make it easier for goods to move between lands. Money was also important. It's hard now for banks in Iran and UAE to work together. But if this improved, more companies could sell things across borders. More business means more opportunities for families. Both ministers want to bring neighbors closer through cooperation. They know that by solving problems together, they can help their communities. The countries already do billions in business each year. With more partnership, this could grow and help many people. The meeting showed Iran and UAE’s commitment to helping each other succeed. Their agreement aims to strengthen economic tie...

  Expo 2020 Dubai was not just a spectacular showcase of innovation, culture, and ideas, but also a significant contributor to the UAE's economy. According to a recent report by consultancy EY, the Expo and its legacy are expected to generate Dh154.9 billion ($42.2 billion) in gross value added (GVA) to the UAE economy from 2013 to 2042. This figure highlights the long-term impact of the Expo and how it has paved the way for economic growth and sustainability in the UAE. The report also indicates that the Expo is expected to create more than a million full-time equivalent (FTE) job years, providing opportunities for people from all walks of life. This is equivalent to more than 35,000 FTE jobs per annum in the UAE over the same period. The sectors contributing most to GVA are events and business services, followed by construction and restaurants and hotels. This indicates that the Expo has not only generated direct revenue through ticket sales and tourism but also created a ripple ...

UAE economy is ready to grow by quite half dozen per cent this year, when increasing by 3.8 per cent in 2021, supported by a rebound in tourism, construction and activity involving the aggregation 2020 Dubai, the International money has said. Associate in Nursing enlargement of 6 per cent would be the best since 2011, when the economy grew by 6.9 per cent. The UAE economy expanded  by 8.4 per cent within the half-moon of this year, exceptional initial estimates, as a results of higher oil costs and productive Covid-19 mitigation measures. “Economic growth has been strong this year,” aforesaid Ali Al-Eyd, who diode the United Nations agency team that met UAE authorities from November 2 to Gregorian calendar month 17. “Fiscal and external surpluses have magnified further, benefitting from the upper oil values, further because the removal of the temporary Covid crisis-related financial  support to businesses and households as the pandemic has step by step waned. “Increased intern...