In Middle East, ‘manufacturing’ is a new buzzword
Form Saudi Arabia to the UAE, Qatar to Kuwait, governments of the region compete to jumpstart an industrial sector. But...
Economy
Qatar-Turkey business forum sparks new joint ventures
Emphasizing the importance of holding meetings and mutual visits, Sheikh Khalifa bin Jassim bin Mohamed Al-Thani notes this would bolster...
Economy
Digitalization, sustainability top priorities of Middle East consumers
PwC Middle East claims consumers in the region value digitalization and sustainability the most 58% of Middle-East consumers say they...
Forum in Dubai discusses market challenges, opportunities
Dubai Chamber says findings of the forum will be sent to the Dubai Government to help in policy formation 500...
UAE to trade in 25 new international markets as economy recovers
UAE’s budget balance improved as its economy recovers It will enter 25 new international markets for foreign trade Boosted by...
Fewer restrictions, fast vaccination give Dubai edge in events sector
The emirate plans to host one of the biggest gas conferences and an African investor summit this year Dubai aims...
GCC-UK Trade Summit 2021 to boost trade, investment
Virtual event promises to catalyze a new era of economic collaboration Day-long summit will host discussions featuring high-profile investors from ...
46% UAE consumers expect effects of pandemic to last another year
Increased vaccinations, protective measures, contactless in-store experience key to rebuilding UAE consumers' confidence 73% of consumers admit to have changed...
UAE Egypt’s top trading partner in Middle East with $4.11 billion trade
The UAE is also the largest foreign investor in Egypt, as it contributes to projects with capital exceeding $7bn Egypt’s...
Mastercard study: Majority of UAE SMEs confident about growth
SMEs identify easier access to funding, digital payments, training and upskilling staff as key drivers of growth Rising cost of...
Turkish resort frets over second lost summer
Tourists have stayed away from Bodrum due to the pandemic In 2019, Bodrum airport welcomed a record 4.34 million tourists...
Protests in Lebanon as currency plunges
Lebanese protesters try to storm central bank offices in two major cities Money changers tell AFP that the pound was...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
In Middle East, ‘manufacturing’ is a new buzzword
Form Saudi Arabia to the UAE, Qatar to Kuwait, governments of the region compete to jumpstart an industrial sector. But...
Economy
Company News
Zain KSA posts record profit
Business
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Dubai Airshow 2023 to show off latest trends in aerial mobility
Dubai, UAE-- Dubai Airshow 2023 will show off the latest trends in the advanced aerial mobility (AAM) market as disruptive...
Business
Private sector share in UAE GDP rise to over 70%
Geneva, UAE - The private sector has increased its contribution to the UAE GDP to more than 70 percent, making...
Business
Peak in oil demand ‘in sight’ before end of decade: IEA
"The shift to a clean energy economy is picking up pace, with a peak in global oil demand in sight...
Economy
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Business
UAE gold forecasted to grow by 3.6% annually through 2030
Dubai, UAE - The UAE's precious metals market, which includes gold, jewelry, gold bars, and silver, is expected to reach...
- The UAE leads the Middle East in gold consumption, with the country's jewelry sector playing a significant role in this achievement
- In 2022, consumers in the country purchased a combined 46.9 tonnes of gold, representing a 38 percent increase from the previous year
Economy
UAE consul general visits Albany to foster deeper economic, cultural ties
Albany, New York-- The UAE has reiterated its resolve to strengthen economic and cultural ties with New York and the...
- UAE's Consul General in New York Amna Binzaal Almheiri reiterated the country's resolve to enhancing ties with the US and New York in trade and culture
- In her discussions with trade and cultural bodies, focus was on the partnerships established between the two countries and ways to ramp up joint cooperation
Economy
Iraq seizes big haul of captagon pills headed for local market
Continuing with its crackdown against drug traffickers in the country, Iraq security forces on Tuesday said they had taken into...
- A few months back, Iraqi authorities impounded three million captagon tablets at the border with Syria, a big producer of the drug
- In May, the country's security forces said they had seized 12 million benzhexol pills, a pharmaceutical drug also taken recreationally