UAE Economy

How UAE is well-positioned for resilience as Hormuz tensions recede

Experts now say the UAE was never truly in the line of fire, and even if the worst had materialised, the country is among the best positioned in the region to absorb the shock After days of escalating Gulf tensions following US strikes on Iranian nuclear sites, both Iran and Israel announced a ceasefire on Tuesday, June 24, easing fears of a full-fledged closure of the Strait of Hormuz. While...

Dubai: Majid Al Futtaim afferma che gli affari procedono come al solito nonostante i cambiamenti nella società madre

A special judicial committee has been set up to restructure the board Majid Al Futtaim Capital The Dubai-based conglomerate Majid Al Futtaim (MAF) Holding on Tuesday said the recent updates at its parent company “do not affect the operations or governance” of the company. The Financial Times earlier reported that Dubai has set up a special judicial committee to restructure the board of the...

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