Addressing fragility in cities is, therefore, not only a social imperative; it is also a crucial economic consideration. It is...
- Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
The burgeoning construction sector in Saudi Arabia is fostering the expansion of its talent pool and consolidating its regional leadership,...The Red Sea Project, Diriyah Gate, Qiddiya Entertainment City, and NEOM have thrust the kingdom into the global limelight
NEOM has made waves for its revolutionary take on connectivity infrastructure, innovative city features, and sustainability
DUBAI, UAE – Executive Vice President, Dubai World Trade Center (DWTC) Mahir Julfar said that the DWTC's performance in 2023...Over 722,000 were international visitors to various events, showcasing an unparalleled 60 percent growth rate year-on-year.
Flagship events such as GITEX Global and Gulfood maintained their leadership positions in their respective sectors.
- AMMAN, JORDAN – Jordanian industrialists have emphasized the imperative of strategic planning to bolster export diversification, underlining key measures such...
They called for expanding outreach to foreign markets, fostering collaboration between the government and the industrial sector.
Jordan has taken several measures to stimulate domestic exports, improve market access and maximize the benefits of existing free trade agreements.
“2024 has opened up to an interesting and promising phase of growth within our sector. As proptech leaders, we can...In Abu Dhabi, Q1 2024 recorded 814 residential transactions representing around 38% of the total transactions
Data from the Dubai Land Department showed a significant surge in total sales transactions in Q1 2024
GCC equity markets experienced a March downturn, influenced by seasonal selling pressure during Ramadan, leading to a 3.0% drop in...The decline was mainly led by seasonal selling pressure during Ramadan as investors booked profits after last month’s healthy gains
Qatar suffered the steepest fall by 6.0%., Saudi Arabia was next with a slide of 1.8% while Kuwait and Dubai indices fell by 1.5%
ABU DHABI, UAE – The Abu Dhabi Department of Economic Development (ADDED) organized, in collaboration with Abu Dhabi Investment Office...Al Multaqa Meetings empower Abu Dhabi to accelerate economic growth, by providing a platform to support investment.
Supported by private sector and family-owned businesses, Abu Dhabi’s non-oil sectors is going from strength to strength.
Riyadh, Saudi Arabia - The Saudi Ministry of Interior has announced a significant measure aimed at reducing the burden of...The objective is to incentivize offenders to settle their fines within a six-month window from the commencement of the initiative
Payment options include either clearing all fines at once or settling each fine individually, provided there are no additional safety-related violations
Clean hydrogen could be bigger than the oil and gas economy for the region, says Jo Bamford, chairman of HYCAP,...Bamford told TRENDS that the region is blessed with ample solar and wind resources needed for generating the lowest-cost electricity that is eventually needed to produce hydrogen.
The emergence of the hydrogen industry in GCC nations promises significant economic opportunities, with projections suggesting a market worth $100 billion by 2030.
Riyadh, Saudi Arabia - The Saudi Ministry of Industry and Mineral Resources on Wednesday announced six new mining opportunities for...The opportunities are part of the fifth round of mining competitions for exploration licenses and encompass gold, copper, zinc, lead, and silver ores
Investment opportunities for exploration licenses include Al-Halahila site in the Najran region, estimated to be more than 34 square kilometers in size
On Thursday, bullion touched $2,304.96 per ounce, according to Bloomberg News, after Fed boss Jerome Powell said it would likely...Gold has chalked up multiple records over recent weeks as the US Federal Reserve indicates it is about to begin easing monetary policy which makes it more attractive to investors
Its popularity as a safe haven in times of turmoil has also provided plenty of support, with traders fretting over the Middle East crisis and the ongoing war in Ukraine
