The UAE ranked first in the Arab world and 29th globally in the competitive industrial performance index issued by the United Nations Industrial Development Organization (UNIDO) 2022, as it rose two ranks compared to the year 2021, in the index that monitors the performance of 153 countries, leading the performance of countries at the regional level. For the second year ...

Herald Holdings (FZE), a global conglomerate of logistics and shipping companies, has signed an investment agreement with the Sharjah Airport International Free Zone (SAIF Zone) to expand its operations and strengthen its presence in the region. The agreement, inked by Saud Salim Al Mazrouei, Director of SAIF Zone, and Krishna Kaladharan, Managing Director of Herald Holdings, marks a significant milestone ...

India has signed an agreement with the United Arab Emirates that will allow it to settle trade in rupees instead of dollars, boosting India’s efforts to cut transaction costs by eliminating dollar conversions. During a visit by India’s Prime Minister Narendra Modi to the UAE on Saturday, the two countries also agreed to set up a real-time payment link to ...