Dubai Expo 2020 will boost the UAE’s GDP by 5%. That’s according to research by the specialist emerging and frontier markets investment bank, Arqaam Capital. It says the Dubai Expo will be bigger and better than the recently concluded Milan Expo, adding AED 86 billion to the country’s GDP. It’s due to the projected increase in consumption and tourism directly related to the Expo, with officials expecting 25 million visitors at the event.
UAE expresses solidarity with India over flood victims
The UAE has expressed its solidarity with India over the victims of floods and landslides caused by heavy rainfall, which resulted in dozens of deaths and injuries, as well as significant damage.
UAE leaders congratulate new UK PM Andy Burnham
United Arab Emirates President His Highness Sheikh Mohamed bin Zayed Al Nahyan led the messages of congratulations and support for the United Kingdom's new Prime Minister Andy Burnham.
UAE strongly condemns renewed Iranian attacks on Bahrain and Kuwait
The United Arab Emirates has condemned the renewed attacks by Iran targeting Bahrain and Kuwait with missiles and drones.
UAE, Venezuela discuss strengthening bilateral relations
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed strengthening bilateral relations with his Venezuelan counterpart Felix Plasencia.
