Two emerging construction processes gaining popularity, especially in the MENA region, are 3D printing of concrete structures and offsite construction....
The global pipe maker invested US$60m in the business.
The UAE government has been praised by no less than the International Monetary Fund for the handling of its economy...The IMF said that the economic recovery is gaining momentum due to the UAE's accelerated efforts and health responses and continued supportive macroeconomic policies
Overall gross domestic product growth is projected at 2.2 percent in 2021, driven by non-oil growth of 3.2 percent
A year after it posted sharp growth, global trade in goods and services is expected to slow down, according to...The value of global trade reached a record level of $28.5 trillion in 2021, a 25 percent increase compared to the previous year and 13 percent higher compared to 2019
Trade in services rose by $50 billion to reach $1.6 trillion, just above pre-pandemic levels in the same period
Executive Director of the Supervision Sector at the Central Bank of Kuwait, Waleed Al-Awadhi said that the digital banks will...Executive Director of the Supervision Sector at the Central Bank of Kuwait, Waleed Al-Awadhi said that the digital banks will have no branches
This tech-based model saves cost and time, he clarified, adding that these banks do not have the paperwork complications of the traditional counterparts
This remarkable performance was recorded in the three segments of fisheries: artisanal fishing, coastal fishing and deep-sea fishing.This remarkable performance was recorded in the three segments of fisheries: artisanal fishing, coastal fishing and deep-sea fishing
Artisanal fishing has benefited from the increase in the turnover of octopus due in particular to the rise in its average price by 53 percent
- The decree details the responsibilities of both employees and employers to ensure work stability and increase productivity in the workplace.
Establishments with 50 or more workers, where the individual wage is less than AED1,500 per month, need to provide labor accommodation
Construction and industrial workers are not permitted to work outdoors or under the sun from 12:30 pm to 3 pm from June 15 to September 15
- Floating restaurants and hotels could be a significant supporting player as the GCC region aspires to increase its footprint as...
The UAE is well known for its floating restaurants and five-star floating hotels
Qatar aims to construct 16 floating hotels for 2022 FIFA World Cup visitors
Around 60% of $1.61 billion were committed only in the last two years showing remarkable growth in mobilization of finance...A high-level policy meeting on Friday in Ramallah revealed this data of European Investments in Palestine
A big bulk of investments is for boosting access to finance for SMEs, the backbone of the Palestinian economy
The investment spans several sectors including e-commerce, financial technology, education and transportationThis was up from SR236 million ($63 million) in 2018, according to a Saudi Venture Capital (SVC) Impact Report
The number of investors in Saudi startups rose by 192 percent, reaching 76 in 2021, up from 26 three years earlier
- Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan, and India's Prime Minister Narendra Modi held a virtual summit to witness...
India-UAE trade is valued at $59 billion, making the oil-rich Gulf country India's third largest trading partner for the year 2019-20.
The UAE is India's third largest export destination with nearly $16 billion clocked in 2020-21, it added.
The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Hungarian Chamber of Commerce and Industry (HCCI)...The MoU was signed by Hamid Mohammed bin Salem, FCCI Secretary-General, and Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary.
The parties inked the MoU at the Hungarian pavilion at Expo 2020 Dubai on the sidelines of the third meeting of the UAE-Hungarian Business Committee.
