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UAE President Sheikh Mohamed bin Zayed to focus on education in preparation for post-oil era

UAE President Sheikh Mohamed bin Zayed to focus on education in preparation for post-oil era

Publié le mardi 17 mai 2022.
Temps de lecture : 4 minutes.
Sheikh Mohamed bin Zayed’s vision for the education sector includes monitoring and conducting field visits, honouring outstanding students, and issuing directives aimed at advancing scientific development, a government official said Education will be key to unlocking sustainable development and the post-oil era, and will remain a focus for the UAE’s new President Sheikh Mohamed bin Zayed, according to Abdul Rahman Mohammed Al... Lire la suite...
Saudi economy grows at fastest pace in a decade on rising oil activities

Saudi economy grows at fastest pace in a decade on rising oil activities

Publié le mercredi 04 mai 2022.
Temps de lecture : 3 minutes.
RIYADH: Saudi Arabia’s real Gross Domestic Product rose by 9.6% in the first three months of 2022 compared to the same period last year, according to flash estimates by the General Authority for Statistics, also known as GASTAT. Real GDP in Saudi Arabia, the biggest oil producer in the Organization of the Petroleum Exporting Countries and the world’s largest oil exporter, was driven mostly by the Kingdom’s oil... Lire la suite...
New Saudi law treating foreign and local firms equally to spur business activity

New Saudi law treating foreign and local firms equally to spur business activity

Publié le mardi 26 avril 2022.
Temps de lecture : 3 minutes.
Law is expected to boost international business by 50 percent RIYADH: Saudi Arabia’s new investment law is expected to increase international business by 50 percent, as it treats both local and foreign investment equally, removing any commercial advantage previously extended to Saudi companies, said Sovereign Saudi Arabia.  “By legally enforcing the principle of competitive neutrality to public and private... Lire la suite...
Saudi Arabia leads GCC construction sector with 63% share of region's future projects

Saudi Arabia leads GCC construction sector with 63% share of region's future projects

Publié le mardi 26 avril 2022.
Temps de lecture : 2 minutes.
RIYADH: Saudi Arabia continues to lead Gulf Cooperation Council countries in the construction sector, accounting for 63% of the region’s planned future projects, Meed’s GCC Construction Outlook report revealed. The UAE stood second in this ranking of future projects with a share of 21.5% With some $1.4 trillion worth of construction and transport projects planned in the GCC yet to see their main contracts awarded, the report... Lire la suite...
Sharjah: SEWA carries out 35 road and street lighting projects during 2021

Sharjah: SEWA carries out 35 road and street lighting projects during 2021

Publié le lundi 25 avril 2022.
Temps de lecture : 2 minutes.
Sharjah Electricity, Water and Gas Authority’s (SEWA) Electricity Distribution department carried out 35 road and street lighting projects last year. According to state news agency WAM, the projects included the installation of 7,132 new lighting poles, laying 215 km of cables, installing 97 lighting boxes, 30,497 lighting network maintenance works carried out, and 114,97 lighting units installed, the majority of which are... Lire la suite...
Arab economies expected to grow by 5% in 2022: AMF

Arab economies expected to grow by 5% in 2022: AMF

Publié le mercredi 20 avril 2022.
Temps de lecture : 5 minutes.
Arab economies are expected to grow by 5% in 2022, supported by the increase in oil production and its prices in international markets and the continuation of stimulus packages to support economic recovery, said the Arab Monetary Fund (AMF) in a new report. In 2023, the growth of Arab countries is expected to decrease to 4% due to the decline in global demand, the gradual withdrawal of stimulus packages, and the anticipated fall in commodity... Lire la suite...
UAE introduces five-year tourist visa

UAE introduces five-year tourist visa

Publié le mardi 19 avril 2022.
Temps de lecture : 8 minutes.
The UAE has announced massive changes to its visa system, introducing a five-year tourist visa and several new types of visas, while expanding the Golden Visa programme.   The UAE Cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the executive regulations of the Federal Decree-Law on Entry and Residence of Foreigners, aimed at strengthening the... Lire la suite...
UAE eases Covid travel restrictions for unvaccinated people as it takes another step to normality

UAE eases Covid travel restrictions for unvaccinated people as it takes another step to normality

Publié le jeudi 14 avril 2022.
Temps de lecture : 5 minutes.
Dr. Taher Al Ameri, the official spokesperson for the National Crisis and Emergency Management Authority has confirmed that the country has entered a recovery phase with a steady decline in infections and no Covid-19 deaths registered since 8 March The UAE Government has updated its Covid-19 travel protocol for unvaccinated citizens in the UAE, which will be enforced from 19 April 2022, according to Dr. Taher Al Ameri, the official... Lire la suite...
UAE Cabinet approves strategy for 20% digital contribution to non-oil economy

UAE Cabinet approves strategy for 20% digital contribution to non-oil economy

Publié le mardi 12 avril 2022.
Temps de lecture : 2 minutes.
The UAE Digital Economy Strategy aims to double the contribution of the digital economy to the GDP from 9.7 per cent to 19.4 per cent within the next ten years The UAE Cabinet met this week and approved a new Digital Economy Strategy that aims to increase the contribution of this sector to the GDP to 20 percent over the next 10 years. The UAE Digital Economy Strategy aims to double the contribution of the digital economy to the GDP from... Lire la suite...
Saudi entertainment expo to boost Kingdom’s growing tourism sector

Saudi entertainment expo to boost Kingdom’s growing tourism sector

Publié le lundi 11 avril 2022.
Temps de lecture : 3 minutes.
Over 200 exhibitors to display latest developments and technology in leisure industry Buyers and suppliers can learn about trends and do business, says organizer of Riyadh event RIYADH: Global leaders in the leisure industry will convene for the fourth Saudi Entertainment and Amusement Summit and Expo taking place next month at the Riyadh International Convention and Exhibition Center, a gathering expected to further boost the... Lire la suite...
Abu Dhabi's non-oil economy grew 4.1pc in 2021, says report

Abu Dhabi's non-oil economy grew 4.1pc in 2021, says report

Publié le jeudi 07 avril 2022.
Temps de lecture : 5 minutes.
Abu Dhabi's non-oil real GDP grew 4.1 per cent for the FY 2021, mainly driven by the government’s prudent economic and investment policies and the emirate’s speedy recovery from the pandemic, according to Statistics Centre - Abu Dhabi (SCAD).  During the this year, several non-oil economic activities showed positive growth rates at constant prices, most notably the agriculture, forestry, and fishing activity, which... Lire la suite...
Oman to allow full foreign ownership in listed companies

Oman to allow full foreign ownership in listed companies

Publié le mardi 29 mars 2022.
Temps de lecture : 1 minute.
Oman’s stock exchange plans to allow full foreign ownership in listed companies in an effort to attract more inflows to its market, following a similar move by the bourse in Qatar. Muscat Clearing and Depository finalised measures to open up the market, according to a tweet from the Muscat Stock Exchange. The move will make the bourse “more attractive to international investors” and provide them with a more flexible... Lire la suite...
What are the four different sports tourism models that Saudi Arabia could leverage to attract tourists?

What are the four different sports tourism models that Saudi Arabia could leverage to attract tourists?

Publié le lundi 28 mars 2022.
Temps de lecture : 5 minutes.
Saudi Arabia’s Ministry of Sport and the Ministry of Tourism are looking to increase the contribution of sports to the GDP by focusing on the crossroads of the two ministries – sports tourism A new age of sports tourism is dawning in Saudi Arabia, even as the kingdom welcomes tourists for the second edition of its F1 Saudi Arabia Grand Prix in Jeddah – the first-of-its-kind in the post-Covid era after the... Lire la suite...
Saudi Arabia wins an award in Best Pavilion category at Expo 2020 Dubai

Saudi Arabia wins an award in Best Pavilion category at Expo 2020 Dubai

Publié le mercredi 23 mars 2022.
Temps de lecture : 3 minutes.
The pavilion had already won the Platinum Certificate in LEED by the US Green Building Council (USGBC) Has also logged a record number of visits, with more than four million visitors since its launch RIYADH: Saudi Arabia's pavilion at Expo 2020 in Dubai has won an award within the best pavilion category, along with two honorary awards, following selection by the EXHIBITOR magazine, which hands out awards... Lire la suite...
Middle East Poultry Expo set for kick off in Riyadh

Middle East Poultry Expo set for kick off in Riyadh

Publié le mardi 22 mars 2022.
Temps de lecture : 3 minutes.
The Middle East Poultry Expo is set to open today (March 14)  in Riyadh, Saudi Arabia with the participation of 150 companies from 30 countries in various sectors of the poultry industry. Held under the theme “Contribution to Enhancing Food Security” the expo will run  until March 16 at Riyadh International Convention and Exhibition Center, reported Saudi Press Agency (SPA). The exhibition, first to be... Lire la suite...
Oman Pavilion at Expo 2020 draws over 1m visitors

Oman Pavilion at Expo 2020 draws over 1m visitors

Publié le lundi 21 mars 2022.
Temps de lecture : 2 minutes.
Oman's pavilion at Expo 2020 Dubai has attracted more than one million visitors since its launch on October 1, 2021, until March 17, 2022. Oman’s pavilion continues its participation in the exhibition, which sheds light on various stories of sustainability, starting with communicating with minds through creating opportunities for the future, which are identical to the main themes of Expo 2020 Dubai, reported Oman News Agency... Lire la suite...
Bahrain Food Festival 2022

Bahrain Food Festival 2022

Publié le dimanche 20 mars 2022.
Temps de lecture : 1 minute.
The much awaited Bahrain food festival 2022 is finally back in Bahrain! 17 - 31 March 2022 at Bahrain Harbor The Bahrain Food Festival's sixth edition is scheduled in March 2022 as the Bahrain Tourism & Exhibition Authority BTEA has issued a request for bids from "highly competent organizations" for the event. In the tender description, BTEA notes, "Bidders are required to build on the success of... Lire la suite...
Experience tradition at first-ever Abu Dhabi Maritime Heritage Festival

Experience tradition at first-ever Abu Dhabi Maritime Heritage Festival

Publié le jeudi 17 mars 2022.
Temps de lecture : 2 minutes.
  An ode to emirate’s rich maritime history, the event will bring traditions back to life It’s time to relive the glorious maritime history of Abu Dhabi with the first-ever Maritime Heritage Festival opening in the capital on Thursday, March 18, 2022. The event, which is being organised by Abu Dhabi Culture, will allow visitors to experience the emirate’s cherished maritime tradition first hand and will be held at... Lire la suite...
Dubai WoodShow draws over top 400 companies

Dubai WoodShow draws over top 400 companies

Publié le mercredi 16 mars 2022.
Temps de lecture : 6 minutes.
More than 400 companies from 41 countries across the globe are taking part in the Dubai WoodShow 2022 which opened its doors today (March 15).   The three-day event was inaugurated by Thani bin Ahmed Al Zayoudi, UAE Minister of State for Foreign Trade, at Dubai International Convention and Exhibition Centre.    During the show, a huge number of machineries from Canadian, European, Chinese and American manufacturers... Lire la suite...
Largest international knowledge platform at Expo next week

Largest international knowledge platform at Expo next week

Publié le lundi 14 mars 2022.
Temps de lecture : 7 minutes.
The largest international knowledge discussion platform will play host to more than 50 speakers, consisting of elite experts, leaders, and government officials from all over the world at Expo 2020 Dubai.   Under the theme 'Knowledge: Protecting Humanity and the Planet in the Pandemics’, the seventh edition of the Knowledge summit will take place on March 14 and 15, 2022.    The summit, organised by the... Lire la suite...
Art Dubai returns with over 100 galleries

Art Dubai returns with over 100 galleries

Publié le dimanche 13 mars 2022.
Temps de lecture : 10 minutes.
Art Dubai, the leading global platform for art and artists from the Middle East and Global South, returns to Madinat Jumeirah Dubai from March 11 to 13 (previews on March 9 and 10).   Featuring over 100 Contemporary and Modern galleries from more than 40 countries across four main gallery sections: Contemporary, Modern, Bawwaba and Art Dubai Digital - a unique new digital section that will act as a bridge between the crypto and art... Lire la suite...
Dubai International Boat Show opens with 500 brands

Dubai International Boat Show opens with 500 brands

Publié le jeudi 10 mars 2022.
Temps de lecture : 3 minutes.
The 28th edition of Dubai International Boat Show (DIBS), the Middle East’s nautical showpiece, opened yesterday (March 9) at its new venue at Dubai Harbour featuring more than 800 brands. Inaugurated by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, the event runs until March 13, reported Emirates News Agency WAM. The show will welcome exhibitors from more than... Lire la suite...
Qatar: Mahaseel festival shows best of local food

Qatar: Mahaseel festival shows best of local food

Publié le mardi 08 mars 2022.
Temps de lecture : 6 minutes.
Doha: The 6th Mahaseel Festival which started yesterday at Katara spotlights the best of Qatar's agricultural and food products. As many as 39 companies are participating in the festival this year — 25 local farms; seven poultry, meat and dairy producers; and seven nurseries. There are also six food stalls selling pastries, crepes, tea, and juices.  The festival was inaugurated by Cultural Village Foundation, Katara General... Lire la suite...
Saudi Arabia lifts precautionary and preventive COVID-19 measures

Saudi Arabia lifts precautionary and preventive COVID-19 measures

Publié le lundi 07 mars 2022.
Temps de lecture : 2 minutes.
Measures including social distancing and wearing masks outdoors are no longer mandatory in the Kingdom Interior Ministry stressed importance of sticking to guidelines of the national plan for immunization Saudi Arabia on Saturday lifted precautionary and preventive measures related to combating the coronavirus pandemic. An official source in the Ministry of Interior said measures including social distancing and wearing... Lire la suite...
Saudi Cup 'now a firm fixture globally'

Saudi Cup 'now a firm fixture globally'

Publié le lundi 28 février 2022.
Temps de lecture : 5 minutes.
The Saudi Cup at King Abdulaziz Racecourse in Riyadh and the race, which attracts American and European champions alike, is well on its way to becoming a firm fixture not only in Saudi Arabia, where horses continue to play a significant role in preserving its history, but across the globe as racing enthusiasts revel in this new challenge of competing at the highest level, says a senior official.   Indeed, within only two years, The... Lire la suite...
Kuwait stages airshow to mark national day

Kuwait stages airshow to mark national day

Publié le dimanche 27 février 2022.
Temps de lecture : 2 minutes.
To commemorate the day on Friday, Kuwait's Ministry of Defense held a show of military vehicles and equipment Kuwait: Celebrations were held to mark Kuwait’s national and liberation days, which are observed annually on February 25 and 26. Residents in Kuwait city watched as fighter jets flew over the Kuwait towers. To commemorate the day on Friday, Kuwait’s Ministry of Defense held a show of military vehicles and... Lire la suite...
UAE to fortify world's food security and climate change drive with the opening of Food for Future Summit and Global Agtech Expo

UAE to fortify world's food security and climate change drive with the opening of Food for Future Summit and Global Agtech Expo

Publié le jeudi 24 février 2022.
Temps de lecture : 7 minutes.
 World leaders head to UAE to join food futurists and innovators for the first-ever two-day summit from 23-24 February 2022 Dubai, UAE: Dubai will be front and centre of the global food security and climate change drive when the first-of-its kind Food for Future Summit and Global Agtech Expo open at Dubai Exhibition Centre (DEC) at Expo 2020 Dubai on Wednesday 23 February. Hosted by the UAE Ministry of Climate Change and Environment,... Lire la suite...
Exciting new events lined up for The Saudi Cup

Exciting new events lined up for The Saudi Cup

Publié le mercredi 23 février 2022.
Temps de lecture : 5 minutes.
The Saudi Cup 2022, to be held on February 25 and 26, is going to be bigger and better than before with exciting new initiatives over the two days, and it won’t just be the racing that visitors will enjoy.   With an incredible $20 million purse, The Saudi Cup is the world's most valuable horse race, with total prize money across the two-day meeting increasing this year to $35.1 million, making it the most valuable fixture... Lire la suite...
Dubai's Museum of the Future opens today

Dubai's Museum of the Future opens today

Publié le mardi 22 février 2022.
Temps de lecture : 3 minutes.
Dubai's Museum of the Future will open its doors to the world today (February 22) in the presence of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and other senior government officials. The 77-ft modern architectural marvel, which tells the narrative of the future through a series of interactive exhibitions, invites people to experience the technologies and trends that will shape... Lire la suite...
Bahrain to launch tourism, entertainment events

Bahrain to launch tourism, entertainment events

Publié le lundi 21 février 2022.
Temps de lecture : 2 minutes.
Bahrain Tourism and Exhibitions Authority (BTEA) will launch a series of regional and international tourism and entertainment events and activities in March - its drive to attract more tourists and offer more opportunities to citizens and residents.   The events, to be held throughout the year, will contribute to achieving the tourism strategy’s objectives and to supporting event companies and various tourism facilities, a... Lire la suite...
UAE hosts global conference on export and investment innovation

UAE hosts global conference on export and investment innovation

Publié le mercredi 16 février 2022.
Temps de lecture : 5 minutes.
Export-oriented innovation and growth strategies as well as the pivotal role of export credit agencies in trade facilitation and promotion were discussed at the Prague Club Committee (PCC) Biennial Meeting of the Berne Union.   Held in the UAE for the first time and hosted by the federal export credit company, Etihad Credit Insurance (ECI), the global event gathered delegates from PCC member countries to Dubai.   Deemed as... Lire la suite...
Ireland’s Minister for Agriculture kicks off trade mission to Gulf region with visits to Gulfood, Expo 2020 Dubai

Ireland’s Minister for Agriculture kicks off trade mission to Gulf region with visits to Gulfood, Expo 2020 Dubai

Publié le mardi 15 février 2022.
Temps de lecture : 5 minutes.
Leading the first trade mission by Bord Bia, the Irish Food Board, to the Gulf region since the start of the pandemic, Ireland’s Minister for Agriculture, Food and the Marine, Charlie McConalogue T.D., will visit Saudi Arabia and the UAE next week from 13th to 17th February. Ireland exports agri-food to over 180 countries worldwide, reaching €13.5 billion in 2021. The industry-led strategy for the growth of the agri-food sector,... Lire la suite...
Taste France to take culinary experiences to the next level at Gulfood 2022

Taste France to take culinary experiences to the next level at Gulfood 2022

Publié le lundi 14 février 2022.
Temps de lecture : 3 minutes.
 The French F&B industry’s flagship globally will see a 120 percent increase in participation this year across World Food, Dairy, Meat and Beverages Business France, the national agency supporting the international development of the French economy, will have four French pavilions at Gulfood 2022. There will be 69 companies (compared to 30 in 2020) distributed among four halls in Dubai World Trade Centre from February 13 to... Lire la suite...
Expo 2020 Dubai: Mohammed bin Rashid meets King Philippe of Belgium

Expo 2020 Dubai: Mohammed bin Rashid meets King Philippe of Belgium

Publié le lundi 07 février 2022.
Temps de lecture : 2 minutes.
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, today met King Philippe of Belgium at Expo 2020 Dubai. The two leaders discussed ways to further strengthen relationships between the UAE and Belgium and other issues of mutual interest. The two leaders also discussed the future of the strategic partnership between the UAE and Belgium and opportunities to strengthen... Lire la suite...
Key trends shaping Mideast financial services sector

Key trends shaping Mideast financial services sector

Publié le dimanche 06 février 2022.
Temps de lecture : 5 minutes.
Many areas in the financial services industry are expected to see radical changes, including in digital payments, cryptos and Banking As A Service areas, this year, says a report from Oliver Wyman, global management consultancy, sharing its predictions on the trends that will shape the financial sector in the Middle East.    Mathieu Vasseux, Partner – Head of IMEA Financial Services, and KSA Market Leader at Oliver Wyman,... Lire la suite...
Abu Dhabi Convention and Exhibition Bureau sets up fund to bring global business events to city

Abu Dhabi Convention and Exhibition Bureau sets up fund to bring global business events to city

Publié le jeudi 03 février 2022.
Temps de lecture : 2 minutes.
Dubai: The Abu Dhabi Convention and Exhibition Bureau has lined up a new ‘business event’ fund to create high-profile events for the emirate’s tourism and exhibitions space. The fund aims to attract more business-focussed events being held in the city. This is in line with Abu Dhabi’s moves in the last two years to give fresh impetus to tourism as well as its status as a destination for events and conferences. For... Lire la suite...
Saudi announces over $6.4bn investments in future tech

Saudi announces over $6.4bn investments in future tech

Publié le mercredi 02 février 2022.
Temps de lecture : 4 minutes.
Saudi Arabia today (February 1) announced more than $6.4 billion in investments in future technologies and entrepreneurship that will further secure the kingdom’s position as the Mena region’s largest digital economy. The announcements were made during the opening day of LEAP, the international technology platform, which is taking place in Riyadh until February 3. The investments and initiatives include the launch of Aramco... Lire la suite...
First Saudi Tour sees a new sport ride into Riyadh

First Saudi Tour sees a new sport ride into Riyadh

Publié le mardi 01 février 2022.
Temps de lecture : 6 minutes.
DUBAI: The first Saudi Tour, organized by Amaury Sport Organisation (ASO), kicks off the 2020 cycling season on Tuesday, and is the latest high profile competition to launch in the Kingdom. Coverage of the recent sporting events, including Formula E, wrestling and boxing, have served as a postcard of the Kingdom’s facilities and locations that few outside Saudi Arabia knew existed. With few sports traversing such a wide, disparate... Lire la suite...
Dubai to host world premiere of hydrogen-powered flying boat

Dubai to host world premiere of hydrogen-powered flying boat

Publié le lundi 31 janvier 2022.
Temps de lecture : 4 minutes.
Dubai is set to host the world premiere of The Jet, a clean-energy, hydrogen-powered flying boat manufactured by Swiss start-up The Jet ZeroEmission, which has inked an agreement with UAE’s Zenith Marine Services and Dwyn. The announcement reflects Dubai’s leading position as a global hub for future industries, reported Emirates News Agency Wam, adding that Dubai’s robust infrastructure and supportive investment... Lire la suite...
Dubai seeks to host more business events after achieving ‘safe haven’ status

Dubai seeks to host more business events after achieving ‘safe haven’ status

Publié le dimanche 30 janvier 2022.
Temps de lecture : 4 minutes.
Dubai’s business events sector is poised to benefit from another year of successful bidding activity led by Dubai Business Events (DBE), the city’s official convention bureau. Collaborating with stakeholders across the public and private sectors, DBE captured 120 events for the year 2021 and beyond. These events – a combination of conferences, meetings and incentive travel programmes – feature almost 70,000 key... Lire la suite...
Pace of growth in GCC economies to accelerate in 2022

Pace of growth in GCC economies to accelerate in 2022

Publié le jeudi 27 janvier 2022.
Temps de lecture : 8 minutes.
Gulf Co-operation Council economies are expected to grow at a faster pace in 2022 as they continue to recover from the coronavirus pandemic on the back of higher oil prices and the expansion of their non-oil sector, Emirates NBD has said. Gulf economies are forecast to grow 5.1 per cent on average this year, after rebounding to 2.3 per cent in 2021 and following a 4.9 per cent contraction the previous year when the pandemic began,... Lire la suite...
Emirates NBD net profit up 34% in 2021 to $2.53bn

Emirates NBD net profit up 34% in 2021 to $2.53bn

Publié le mercredi 26 janvier 2022.
Temps de lecture : 8 minutes.
Dubai-based Emirates NBD’s net profit jumped 34% to AED9.3 billion ($2.53 billion) in 2021, demonstrating the resilience of the group’s diversified business model and the strong recovery as economic growth rebounded in 2021.    Despite interest rates remaining at historically low levels, the underlying business momentum continues to strengthen with record demand for retail financing, the bank... Lire la suite...
First smart peak flow meter to be shown at Arab Health 2022

First smart peak flow meter to be shown at Arab Health 2022

Publié le lundi 24 janvier 2022.
Temps de lecture : 4 minutes.
London-based Smart Respiratory is set to showcase the world's first integrated ‘smart' peak flow meter, which allows patients to conveniently manage their asthma, at Arab Health 2022 in Dubai from January 24.   Smart Peak Flow is a revolutionary, compact digital peak flow meter device which connects to a smartphone with a headphone jack and wireless connection, enabling patients to measure, track and share their readings... Lire la suite...
Oman’s positive economic indicators a result of Transformational reforms

Oman’s positive economic indicators a result of Transformational reforms

Publié le dimanche 23 janvier 2022.
Temps de lecture : 7 minutes.
Muscat: Positive economic indicators and ratings earned by the Sultanate of Oman are a result of reforms undertaken by the government to encourage diversification and investment. That’s according to Qais bin Mohammed Al Yousef, the country’s Minister for Commerce, Industry and Investment Promotion, who welcomed “the strong and decisive leadership of His Majesty Sultan Haitham Bin Tarik and the economic reform measures... Lire la suite...
Saudi Arabia, Kuwait driving $1.6 trillion GCC project market

Saudi Arabia, Kuwait driving $1.6 trillion GCC project market

Publié le jeudi 20 janvier 2022.
Temps de lecture : 3 minutes.
The GCC construction market is estimated at $1.6 trillion, with over 21,000 active projects as of Q3 2021, mainly driven by Saudi Arabia and the UAE which dominated the project development scene, according to BNC Projects Journal. Kuwait construction activity skyrocketed in Q4 as new plans worth $9.9 billion were revealed, making it the best quarter in the last two years, BNC Projects Journal in its "2022 - The Green Year"... Lire la suite...
Dubai’s Expo spurs tourism, boosting UAE business activity

Dubai’s Expo spurs tourism, boosting UAE business activity

Publié le mercredi 19 janvier 2022.
Temps de lecture : 3 minutes.
Business activity in the UAE rose to the highest level in more than two years last month, helped in part by an influx of tourists drawn to Dubai’s Expo 2020 event. A Purchasing Managers’ Index compiled by IHS Markit rose to 55.7 in October from 53.3 in September, above the 50-mark separating growth from contraction and signaling a significant expansion in the Gulf country’s non-oil private sector. The increase was driven by... Lire la suite...
GCC consumer sentiment remains ‘unaffected by global agitators’

GCC consumer sentiment remains ‘unaffected by global agitators’

Publié le mardi 18 janvier 2022.
Temps de lecture : 6 minutes.
Despite a general decline in net positivity across all global markets, the GCC’s Arabic speakers remained mainly immune to many of the global agitators regarding business, economy and employment confidence. According to the latest research by leading consumer intelligence platform, D/A, owners of Sila, an Arabic-native, AI-enabled consumer intelligence platform, the data, which is based on algorithmic AI analysis of over 100 million... Lire la suite...
Dubai announces opening of $1.4bn Infinity Bridge

Dubai announces opening of $1.4bn Infinity Bridge

Publié le lundi 17 janvier 2022.
Temps de lecture : 5 minutes.
Dubai's Roads and Transport Authority (RTA) has announced the opening of Infinity Bridge, a key component of the Al Shindagha Corridor Project, spanning 13 km along Sheikh Rashid Street, Al Mina Street, Al Khaleej Street and Cairo Street, which has been built at an investment of AED5.3 billion ($1.4 billion). Consisting of six lanes in each direction, the Infinity Bridge has an architectural arch shaped in the form of the infinity symbol.... Lire la suite...
Top Bahrain construction expos to kick off in March

Top Bahrain construction expos to kick off in March

Publié le dimanche 16 janvier 2022.
Temps de lecture : 3 minutes.
Bahrain-based Hilal Conferences and Exhibitions (HCE) has announced that three of the Northern Gulf's leading annual exhibitions - The Gulf Property Show, Gulf Construction and Interiors Expo - will be held as per schedule in March.  These expos will run from March 22 to 24 at the Bahrain International Exhibition Centre with the strategic support of Bahrain’s labour fund Tamkeen, thus ensuring the ongoing success of the largest... Lire la suite...
Kuwait announces plans to build new airport in northern area

Kuwait announces plans to build new airport in northern area

Publié le jeudi 13 janvier 2022.
Temps de lecture : 3 minutes.
Kuwaiti authorities have given the go-ahead for the construction of a new airport in the northern part of the country, reported the state news agency Kuna.  This comes following media reports last week stating that the Municipal Committee Council of the Jahra Governorate is coordinating with the Directorate- General of Civil Aviation (DGCA) on allocation of a site for the construction of the new airport. Kuwait currently has an... Lire la suite...
Dubai to Host Arab Health 2022

Dubai to Host Arab Health 2022

Publié le mercredi 12 janvier 2022.
Temps de lecture : 1 minute.
Established 46 years ago, Arab Health provides a platform for the world’s leading manufacturers, wholesalers and distributors to meet the medical and scientific community in the Middle East and subcontinent. Arab Health 2022 will be taking place as a live in-person event from 24 - 27 January 2022 at the Dubai World Trade Centre. With technology and innovation taking centre stage, Arab Health 2022 will... Lire la suite...
Plans to connect Qatar and Saudi by rail ‘back on track’

Plans to connect Qatar and Saudi by rail ‘back on track’

Publié le mardi 11 janvier 2022.
Temps de lecture : 3 minutes.
Relations between Qatar and Saudi Arabia seem to be strengthening and progressing at a fast pace a year after the signing of the Al-Ullah decleration which brought about the end of the GCC Crisis. Transport ministers from both countries met in Doha last week to discuss the establishment of a rail link that would connect the two nations and their people, Qatar’s Minister of Transport, Jassim Al-Sulaiti and his Saudi counterpart... Lire la suite...
Expo 2023 Doha to help develop agricultural sector

Expo 2023 Doha to help develop agricultural sector

Publié le lundi 10 janvier 2022.
Temps de lecture : 4 minutes.
Doha: The International Horticultural Exhibition (‘Expo 2023 Doha’) will not only benefit just Qatar, but also help strengthen agricultural sector in the entire region. The first-of-its-kind expo in GCC and MENA region is expecting large number of research works from 80 countries and their reputed universities and research institutions. Expo 2023 Doha, spreading over 1.7 million sqm, will be held at Al Bidda Park between two... Lire la suite...
Dubai Chambers outlines priorities under new 2022-2024 strategy

Dubai Chambers outlines priorities under new 2022-2024 strategy

Publié le dimanche 09 janvier 2022.
Temps de lecture : 4 minutes.
Dubai Chambers’ next three-year strategy backs plans to boost Dubai’s foreign trade to AED2 trillion ($540 million) within 5 years, hasten the growth of digital economy, attract global firms and help the global expansion of UAE companies. The Board of Directors of Dubai Chambers has approved the organisation’s four-pronged strategy for 2022-2024, which follows a bold and specialised approach to driving Dubai’s economic... Lire la suite...
Expo 2020 Dubai to celebrate Saudi Day on January 7

Expo 2020 Dubai to celebrate Saudi Day on January 7

Publié le jeudi 06 janvier 2022.
Temps de lecture : 8 minutes.
To celebrate Saudi Day, the Saudi Arabia Pavilion at Expo 2020 Dubai, will host an array of cultural experiences, performances, and celebratory activities.    The landmark event on January 7 will bring the spirit of Saudi Arabia and its award-winning Pavilion to multiple areas of Expo 2020.    The planned programme embodies the kingdom’s opportunities, innovation, culture, and creativity – exploring... Lire la suite...
Preparations under way for Autoville motoring festival in Riyadh

Preparations under way for Autoville motoring festival in Riyadh

Publié le mercredi 05 janvier 2022.
Temps de lecture : 3 minutes.
Preparations are in full swing for the Saudi International Festival of Motoring (Autoville), the first and the largest interactive event of its kind in the region, bringing together over 100 international brands in the automotive sector. Providing car enthusiasts and fans of all age groups with the opportunity to enjoy various shows, driving experiences, and unique speed tests, in addition to enabling them to explore the latest developments... Lire la suite...
Qatar again ranked first in Arab World’s ‘Quality of Life’ index

Qatar again ranked first in Arab World’s ‘Quality of Life’ index

Publié le mardi 04 janvier 2022.
Temps de lecture : 4 minutes.
According to the Gulf Centre for Studies and Research, Qatar has topped the quality of life in the Arab region index.  Qatar has made it to the top of the list of 20 Arab states in the assessment index on the quality of life of Arab citizens, according to a new study by the Gulf Centre for Studies and Research, an institute at the University of Exeter. The index measures the scope of economic welfare and lifestyle and recently added a... Lire la suite...
Remarkable performance of Qatar’s economy in 2021

Remarkable performance of Qatar’s economy in 2021

Publié le lundi 03 janvier 2022.
Temps de lecture : 4 minutes.
Doha: Despite the repercussion of the COVID-19 pandemic, which continued to threaten the world’s economies during 2021, the Qatari economy recorded a remarkable positive performance at various levels due to rational policies, a flexible economic approach to crisis management, and forward-looking plans, which enhanced Qatar’s ability to quickly recover and adapt to changes, ensure business continuity and complete vital projects in the... Lire la suite...
World’s leading football personalities arrive in Dubai

World’s leading football personalities arrive in Dubai

Publié le jeudi 30 décembre 2021.
Temps de lecture : 7 minutes.
Dubai: Sheikh Mansoor Bin Mohammed Bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, welcomed the world’s leading football personalities to the 16th session of the Dubai International Sports Conference, which will take place on December 27, alongside the Dubai Globe Soccer Awards. Organised under the Mohammed Bin Rashid Al Maktoum Global Initiatives by Dubai Sports Council, the Dubai International Sports Conference has been... Lire la suite...
World economy to top $100 trillion in 2022 for first time

World economy to top $100 trillion in 2022 for first time

Publié le mercredi 29 décembre 2021.
Temps de lecture : 2 minutes.
LONDON – The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a report showed on Sunday. British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030, two years later than forecast in last year's World Economic League Table... Lire la suite...
Saudi Crown Prince reveals plan for Riyadh to be top 10 largest city economy in world

Saudi Crown Prince reveals plan for Riyadh to be top 10 largest city economy in world

Publié le mardi 28 décembre 2021.
Temps de lecture : 6 minutes.
Saudi Arabia’s Crown Prince Mohammed bin Salman revealed a plan for the Kingdom’s capital, Riyadh, to be one of the largest city economies in the world at the second day of the Future Investment Initiative Summit. “We are therefore aiming to make Riyadh one of the ten largest city economies in the world - today it stands at number 40, the fortieth largest city economy worldwide,” the Crown Prince said during a... Lire la suite...
Muscat... the Arab World’s digital capital

Muscat... the Arab World’s digital capital

Publié le lundi 27 décembre 2021.
Temps de lecture : 5 minutes.
Muscat: Oman’s place in the backbone of global trade, its ability to become a global centre for data exchange, strong digital capabilities and infrastructure, a technically capable young society, and submarine cables that enable high-speed digital exchange have all contributed to Muscat being named the Arab Digital Capital for 2022. Saeed bin Hamoud Al Maawali, the Minister of Transport, Communications and Information Technology,... Lire la suite...
UAE Innovates 2022 to enrich creativity within UAE government

UAE Innovates 2022 to enrich creativity within UAE government

Publié le dimanche 26 décembre 2021.
Temps de lecture : 6 minutes.
UAE Innovates 2022 is set to launch on February 1 and will include key events at Expo 2020 Dubai designed to enhance the country’s innovation ecosystem.   UAE Innovates supports the UAE’s objectives for the next 50 years and aims to promote the position of the country as one of the most innovative in the world, through a series of events and a prestigious awards programme.   Announcing the launch of one of the... Lire la suite...
Saudi fund PIF plans to invest $266bn in new projects by 2025

Saudi fund PIF plans to invest $266bn in new projects by 2025

Publié le mercredi 22 décembre 2021.
Temps de lecture : 4 minutes.
Saudi Public Investment Fund (PIF), the kingdom sovereign wealth fund plans to invest up to SR1 trillion ($266 billion) in new projects by 2025, reported Saudi Gazette citing its top official.    It has been instrumental in creating more than 400,000 direct and indirect job opportunities since 2017 until the end of the second quarter of 2021, stated PIF Governor Yasir Al Rumayyan, while addressing the Saudi Budget Forum... Lire la suite...
UAE-Bahraini nanosatellite Light-1 set for December 21 launch

UAE-Bahraini nanosatellite Light-1 set for December 21 launch

Publié le mardi 21 décembre 2021.
Temps de lecture : 5 minutes.
The joint UAE-Bahraini nanosatellite Light-1 will be launched into the International Space Station on December 21.   It represents a major milestone of cooperation in space science, technology and engineering between the UAE and Bahrain.   The nanosatellite was built and designed in collaboration between the UAE Space Agency and Bahrain's National Space Science Agency (NSSA), the project was executed at Khalifa... Lire la suite...
Oman ministry signs $31m agri investment deals

Oman ministry signs $31m agri investment deals

Publié le lundi 20 décembre 2021.
Temps de lecture : 3 minutes.
Oman’s Ministry of Agriculture, Fisheries, and Water Resources has signed four agricultural investment agreements worth over RO12 million ($31 million), a media report said. Dr Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries, and Water Resources, signed the agreements with investors today at the Ministry, reported Oman News Agency (ONA). He noted that these agreements will enhance the food investment sector in the Sultanate... Lire la suite...
Saudi Arabia spearheading $1.6 trillion GCC construction market

Saudi Arabia spearheading $1.6 trillion GCC construction market

Publié le mercredi 15 décembre 2021.
Temps de lecture : 3 minutes.
The GCC construction market is estimated at $1.6 trillion, with over 21,000 active projects as of Q3 2021, according to a new report by BNC Projects Journal.   Projects worth $24.7 billion have been announced across the GCC region during the third quarter with Saudi Arabia leading the way contributing half of the total announcements in Q3 and doubling the project completions when compared to Q2.   The GCC registered $16.5... Lire la suite...
Here’s how the Middle East is set to become a powerhouse of innovation

Here’s how the Middle East is set to become a powerhouse of innovation

Publié le mardi 14 décembre 2021.
Temps de lecture : 10 minutes.
Digitalisation has been proven to improve organisational performance and enhance business value by helping companies meet customer expectations Driven by national visions and ICT goals, the public and private sectors in the region have made significant progress in developing a solid digital infrastructure that promotes innovation and offers new economic opportunities. The government sectors have also implemented strategies and prioritised the... Lire la suite...
Saudi Arabia sees $24bn budget surplus in 2022

Saudi Arabia sees $24bn budget surplus in 2022

Publié le lundi 13 décembre 2021.
Temps de lecture : 3 minutes.
Saudi Arabia has posted its budget statement for 2022; sharply revising its fiscal budget estimates upwards to SR90 billion ($24 billion) surplus from a previously expected deficit of SR52 billion, helped by oil prices and reform measures, a report said. The split between oil and non-oil revenues for 2021 was 60:40 of oil: on-oil revenues, said Al Rajhi Capital, a leading financial services provider in the kingdom, in its report titled... Lire la suite...
Qatar: Five-year plan to enhance food monitoring

Qatar: Five-year plan to enhance food monitoring

Publié le dimanche 12 décembre 2021.
Temps de lecture : 4 minutes.
The Ministry of Municipality has developed a five year plan to enhance food monitoring system in the country. “First time, the Office of Undersecretary for Municipal Affairs made a five-year strategic plan to build food monitoring system of the country more effective,” said First Food Inspection Expert at the Ministry of Municipality, Dr. Nawal Mohamad Abdullah.  Speaking in a Qatar TV programme, Dr. Nawal said that the... Lire la suite...
Expo 2020 records 5.66 million visits up to December 5

Expo 2020 records 5.66 million visits up to December 5

Publié le jeudi 09 décembre 2021.
Temps de lecture : 6 minutes.
Expo 2020 Dubai has seen 5,663,960 visits up to December 5, since it first opened on October 1, with recent figures buoyed by the UAE’s Golden Jubilee festivities, as well as a raft of sport, music and cultural performances.   During October and November, a total of 5,383 government leaders, including ministers, presidents, prime ministers and heads of state, have graced the Expo site to speak at official events or celebrate... Lire la suite...
Oman-Saudi Arabia Road Declared Open

Oman-Saudi Arabia Road Declared Open

Publié le mercredi 08 décembre 2021.
Temps de lecture : 2 minutes.
Muscat: The Sultanate of Oman and the Kingdom of Saudi Arabia announced the opening of the Omani-Saudi road. Oman News Agency, ONA, said in a statement: “The Sultanate of Oman and the Kingdom of Saudi Arabia welcome, in a joint statement, the announcement of the opening of the 725-kilometre Omani-Saudi road, which will contribute to the smooth movement of citizens of the two countries and the integration of supply chains in order... Lire la suite...
Saturday, Sunday weekend from January 1 in UAE: Four-and-half-day working week

Saturday, Sunday weekend from January 1 in UAE: Four-and-half-day working week

Publié le mardi 07 décembre 2021.
Temps de lecture : 2 minutes.
Dubai: UAE announced on Tuesday that it will transition to a four-and-a half-day working week, with Friday afternoon, Saturday, and Sunday forming the new weekend. All Federal government departments will move to the new weekend from January 1, 2022. The authorities added that with this move, the UAE has become the first nation in the world to introduce a national working week shorter than the global five-day week. The... Lire la suite...
Jeddah international motor show to kick off Monday

Jeddah international motor show to kick off Monday

Publié le lundi 06 décembre 2021.
Temps de lecture : 1 minute.
JEDDAH - Jeddah Governorate will witness on Monday the first day of Jeddah International Motor Show, which will be held in “Jeddah Superdome” for 5 days. The exhibition will be sponsored by the Ministry of Transport and Logistics and organized by Silah Company. The exhibition includes many most important car agencies and exclusive launches of modern cars that are presented for the first time in the Kingdom. In addition to an... Lire la suite...
Global trade up 23% on pre-Covid levels this year

Global trade up 23% on pre-Covid levels this year

Publié le mercredi 01 décembre 2021.
Temps de lecture : 3 minutes.
Global trade is expected to be worth about $28 trillion this year - an increase of 23 percent on pre-pandemic levels - but the outlook for 2022 remains very uncertain, UN economists said.   This strong growth in demand – for goods, as opposed to services - is largely the result of pandemic restrictions easing, but also from economic stimulus packages and sharp increases in the price of raw materials, said UN trade and... Lire la suite...
Oman announces 13 projects worth $9bn

Oman announces 13 projects worth $9bn

Publié le mardi 30 novembre 2021.
Temps de lecture : 5 minutes.
Oman Investment Authority (OIA) has unveiled 13 projects to the tune of nearly RO3.5 billion ($9 billion) as part of celebrations marking the 51st National Day. The projects embody the OIA’s strategy that aligns with Oman Vision 2040, Nassir Sulaiman Al Harthi, Deputy Chairman of OIA, was quoted as saying by Oman News Agency (ONA).  The OIA sees various goals for implementing the projects: They enhance efforts to diversify... Lire la suite...
Why you should head down to Qatar’s International Food Festival

Why you should head down to Qatar’s International Food Festival

Publié le lundi 29 novembre 2021.
Temps de lecture : 2 minutes.
The Qatar International Food Festival (QIFF) will run until 17 December. The annual QIFF has officially opened to the public, with the inauguration on Friday bringing in notable figures, including Qatar Airways Group CEO and Chairman of Qatar Tourism Akbar Al Baker and 16 globally renowned chefs. Located at Al-Bidda Park in the Corniche, the festival hosts a wide variety of food trucks, live cooking shows, masterclasses, and activities for... Lire la suite...
All countries to celebrate UAE National Day as World Futures Day: Sheikh Mohammed

All countries to celebrate UAE National Day as World Futures Day: Sheikh Mohammed

Publié le dimanche 28 novembre 2021.
Temps de lecture : 3 minutes.
The UAE’s National Day, December 2, will henceforth be known as World Futures Day. The United Nations Educational, Scientific and Cultural Organisation (Unesco) has unanimously adopted the day, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, tweeted on Thursday. Countries around the world will celebrate the day by planning for future generations. This... Lire la suite...
Bahrain announces $30bn infrastructure projects plan

Bahrain announces $30bn infrastructure projects plan

Publié le jeudi 25 novembre 2021.
Temps de lecture : 6 minutes.
Bahrain has unveiled its new strategic projects plan which will see over 20 new projects coming up across the kingdom at an investment of more than $30 billion.   The new multi-year projects represent one of Bahrain’s most significant ever injections of capital investment and will drive the Economic Recovery Plan, designed to enhance the long-term competitiveness of the country’s economy, and stimulate post pandemic... Lire la suite...
Biggest Dubai Airshow nets $78bn business

Biggest Dubai Airshow nets $78bn business

Publié le mercredi 24 novembre 2021.
Temps de lecture : 6 minutes.
Dubai Airshow 2021, which was held last week, was officially the biggest edition of the event since it first began in 1989, with an incredible $78 billion worth of deals announced during the week.    The mega event welcomed more than 104,000 attendees and witnessed a 50% increase in trade visitors which included global senior executives from 148 countries. The airshow was bigger than the pre-pandemic 2019 edition in terms of... Lire la suite...
Qatar to be transformed into an outdoor art museum

Qatar to be transformed into an outdoor art museum

Publié le mardi 23 novembre 2021.
Temps de lecture : 4 minutes.
Keep a lookout for an array of magnificent public artwork to be unveiled over the coming year. Qatar will soon turn into a vast outdoor art museum with more than 40 new public artworks installed across the count, Qatar Museums has announced; its all part of a unique artistic celebration for the upcoming FIFA World Cup 2022. Installation of the new artworks kicked off this week and will take place until the start of the World Cup in... Lire la suite...
Saudi Arabia launches $1.6bn initiative for SMEs sector

Saudi Arabia launches $1.6bn initiative for SMEs sector

Publié le lundi 22 novembre 2021.
Temps de lecture : 3 minutes.
Saudi Arabia's National Industrial Development and Logistics Programme has launched key initiatives worth SR6 billion ($1.6 billion) in co-ordination with Riyad Bank as part of its efforts to improve the kingdom's ranking in 10 indicators of global ease of doing business.   The initiatives 'We finance, you manufacture' and 'We invest, you manufacture' will contribute to realizing at least 35 goals of the Saudi... Lire la suite...
How Dubai can be a vital hub for foodtech

How Dubai can be a vital hub for foodtech

Publié le dimanche 21 novembre 2021.
Temps de lecture : 5 minutes.
Government-led initiatives, such as Food Tech Valley, and its location, make the emirate ideal for home-grown food innovations While foodtech products, such as meatless meats and vegan cheese, are now common in the UAE, they are almost exclusively imported. But, given the country’s focus on innovation and its recent initiatives in support of foodtech, it is only a matter of time until such food items become locally produced,... Lire la suite...
Saudi Arabia to establish world’s first non-profit city

Saudi Arabia to establish world’s first non-profit city

Publié le jeudi 18 novembre 2021.
Temps de lecture : 2 minutes.
The 3.4 square kilometre Prince Mohammed bin Salman Non-Profit City will be located in the Irqah neighbourhood, adjacent to Wadi Hanifa Saudi Arabia has announced plans to establish the world’s first non-profit city in the kingdom. The Prince Mohammed bin Salman Non-Profit City will be a 3.4 square kilometre city located on land dedicated by the Crown Prince, in the Irqah neighbourhood, adjacent to Wadi Hanifa. It is expected to... Lire la suite...
Dazzling Jewelry Arabia 2021 opens

Dazzling Jewelry Arabia 2021 opens

Publié le mercredi 17 novembre 2021.
Temps de lecture : 4 minutes.
Jewellery Arabia, a much-awaited show that forms the core of Bahrain’s events calendar, opened today (November 16) showcasing rare gems, watches and exquisite jewellery.   The Middle East’s premier jewellery and watch event, which runs until Saturday, is being held at the Bahrain International Exhibition and Convention Centre in Sanabis under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown... Lire la suite...
Sharjah unveils grand celebrations to mark UAE’s golden jubilee

Sharjah unveils grand celebrations to mark UAE’s golden jubilee

Publié le mardi 16 novembre 2021.
Temps de lecture : 5 minutes.
As the UAE gears up for its golden jubilee celebrations, the Sharjah National Day Celebrations Committee has announced an 11-day cultural extravaganza to mark the nation’s 50-year journey.   The cultural programmes will be staged across the emirate’s different regions from November 23 to December 3, Emirates News Agency WAM reported.   Catering to all age groups and nationalities, the festivities to mark the... Lire la suite...
All Aboard! Saudia Airlines Has Launched World’s First Flying Museum

All Aboard! Saudia Airlines Has Launched World’s First Flying Museum

Publié le lundi 15 novembre 2021.
Temps de lecture : 1 minute.
Saudi Arabian Airline, Saudia Airlines has launched a one-of-a-kind flying museum, ‘Sky Museum’ flight which is scheduled for Thursday, the 4th of November. The flight will highlight the significance of Saudi Arabia’s amazing archeological site Al Ula and will give passengers the opportunity to see Al Ula in a whole new way! The flight will be from Riyadh to Al Ula and beautiful replica pieces of artifacts discovered during... Lire la suite...
Bahrain to host forum for women tech leaders in Mena

Bahrain to host forum for women tech leaders in Mena

Publié le dimanche 14 novembre 2021.
Temps de lecture : 2 minutes.
Bahrain will host “WomenTech Leaders Across Mena Forum” virtual event, on January 25-26, 2022, which is expected to attract more than 400 participants representing about 20 countries in the Mena region. The event will be addressed by more than 25 visionary executives and top women leaders and entrepreneurs. Ahmed Al Hujairy, CEO of event organiser WorkSmart, said that it is held with the participation of female leaders in the... Lire la suite...
Saudi Arabia’s Riyadh Season to host more than 7,000 events to ‘dazzle the world’

Saudi Arabia’s Riyadh Season to host more than 7,000 events to ‘dazzle the world’

Publié le jeudi 11 novembre 2021.
Temps de lecture : 4 minutes.
Saud Arabia's Riyadh Season promises to be its biggest yet with thousands of events planned across the capital. Details of the five-month entertainment and cultural festival, to begin on October 20 and running until March 2022, was announced on Monday by the General Entertainment Authority. Chairman Turki Al-Sheikh said the event “will dazzle the world” with an expansive programme of 7,500 events covering everything from... Lire la suite...
Middle East and Africa’s EdTech and smart classroom market set to grow to $7.1bn by 2027

Middle East and Africa’s EdTech and smart classroom market set to grow to $7.1bn by 2027

Publié le dimanche 07 novembre 2021.
Temps de lecture : 4 minutes.
The Middle East and Africa’s education technology and smart classroom market is estimated to grow to Dh26 billion ($7.1bn) by 2027 as the Covid-19 pandemic accelerates the shift to digital education, according to a new report. The widespread adoption of smartphones, interactive displays and other digital learning tools in classrooms are crucial drivers of this growth, the study by global market research company Report Linker... Lire la suite...
Over 1,200 firms to take part in Gulfood Manufacturing

Over 1,200 firms to take part in Gulfood Manufacturing

Publié le jeudi 04 novembre 2021.
Temps de lecture : 6 minutes.
Gulfood Manufacturing, the largest food and beverage processing and packaging show in the region, will welcome a strong global line-up from 55 countries when it returns live and in-person next month.    Some 1,250 exhibitors will be at the event, which runs from November 7 to 9 at the Dubai World Trade Centre (DWTC) with solutions to transform an industry that is increasingly important to the UAE’s economic diversification... Lire la suite...
Dubai's culinary festival returns for Christmas edition

Dubai's culinary festival returns for Christmas edition

Publié le mardi 02 novembre 2021.
Temps de lecture : 2 minutes.
Now in its third year, Dubai’s dine-around event of the year is back with some exciting cuisine in town. Following a sell-out of the last soiree in early 2020, Cirque de Cuisine: Christmas Edition is offering revellers an entertainment experience incorporating ten award-winning restaurants and one of the world’s largest aquariums.   Taking place on December 9, the all you can eat and drink concept starts at AED505 ($137)... Lire la suite...
Bahrain announces 5-pillar new growth strategy

Bahrain announces 5-pillar new growth strategy

Publié le lundi 01 novembre 2021.
Temps de lecture : 4 minutes.
Bahrain has announced a new national economic growth and fiscal balance plan with the aim of enhancing the economy’s long-term competitiveness and supporting the post-Covid-19 recovery.   The multi-year plan represents one of the Kingdom's largest economic reform programmes, said a Bahrain News Agency report.   The new five-pillar plan, which aligns with Bahrain’s Economic Vision 2030 and the Kingdom’s... Lire la suite...
French Vibes at Park Hyatt Jeddah

French Vibes at Park Hyatt Jeddah

Publié le dimanche 31 octobre 2021.
Temps de lecture : 2 minutes.
JEDDAH - Park Hyatt Jeddah announced French food festival by hosting Michelin Stars chefs in order to experience one of the world’s varied cuisines. Guests will savor their favorite authentic French dishes by a picturesque waterfront; while our French chefs passionately prepares delightful dishes. NAFOURA, Park Hyatt Jeddah’s award winning restaurant, will lead guests to discover the flavors of France and explore French culinary... Lire la suite...
Saudi fintech investments top $340m in 12 months

Saudi fintech investments top $340m in 12 months

Publié le mardi 26 octobre 2021.
Temps de lecture : 3 minutes.
Saudi Arabia’s financial technology sector grew at an accelerating pace over the past 12 months, as the number of fintech companies increased by 37% and investments topped SR1.3  billion ($347 million), said Fintech Saudi  in a new report. “Despite the exceptional circumstances that the world witnessed during the year 2020, we see an ongoing reliance on digital solutions caused by the coronavirus pandemic crisis, even... Lire la suite...
Expo 2020 Dubai poised to bring in $17.7bn of revenue

Expo 2020 Dubai poised to bring in $17.7bn of revenue

Publié le lundi 25 octobre 2021.
Temps de lecture : 7 minutes.
The UAE government forecasts revenue of up to $17.7 billion provided that Expo 2020 Dubai is a success, with each emirate in the UAE to become a major growth destination for economic growth.   According to senior analysts and experts at Expo 2020 Dubai, the world’s largest expo event, is expected to attract 25 million visitors, with up to 100,000 new hotel rooms expected to be ready and operational and the set-up several new... Lire la suite...
Saudi Arabia to reach net zero carbon by 2060: Crown Prince Mohammed bin Salman

Saudi Arabia to reach net zero carbon by 2060: Crown Prince Mohammed bin Salman

Publié le dimanche 24 octobre 2021.
Temps de lecture : 2 minutes.
RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman said the Kingdom is aiming to achieve net carbon neutrality by 2060, during a speech to the Saudi Green Initiative forum in Riyadh on Saturday. The Crown Prince said Saudi Arabia aims to reduce its carbon emissions by 278 million tons per year by 2030, with the adoption of the Carbon Circular Economy — based on zero waste — will help reach the target. The... Lire la suite...
UAE minister highlights private sector’s role in national food security agenda

UAE minister highlights private sector’s role in national food security agenda

Publié le jeudi 21 octobre 2021.
Temps de lecture : 2 minutes.
DUBAI: The private food and beverage sector in the UAE has played an important role in the country’s response to supply chain pressure during the pandemic, a minister said, highlighting its part in achieving bigger food security goals.  “The UAE is putting efforts to transition into more sustainbale food systems. This is where [the private sector’s] role is so important,” Emirati Minister of Climate... Lire la suite...
EDB and Adio to boost foreign investment and promote business

EDB and Adio to boost foreign investment and promote business

Publié le mercredi 20 octobre 2021.
Temps de lecture : 6 minutes.
Emirates Development Bank and the Abu Dhabi Investment Office (Adio) signed an agreement to further boost foreign direct investment and attract more businesses to the UAE capital. The partnership aims to help private sector companies set up shop in Abu Dhabi and grow, while contributing to the overall economic advancement of the emirate, the companies on Wednesday. "As part of Abu Dhabi’s commitment to support the... Lire la suite...
UAE Cabinet agrees $79bn budget for 2022-2026

UAE Cabinet agrees $79bn budget for 2022-2026

Publié le dimanche 17 octobre 2021.
Temps de lecture : 6 minutes.
The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the federal budget for 2022-2026 with a total expenditure of AED290 billion ($79 billion). Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, noted that this approval is a testament that the UAE Government, under the leadership of... Lire la suite...
Saudi Arabia to reopen borders with UAE

Saudi Arabia to reopen borders with UAE

Publié le jeudi 09 septembre 2021.
Temps de lecture : 2 minutes.
Saudi Ministry of Interior source revealed that the UAE would be removed from the kingdom's banned list of countries from 11 am on Wednesday, alongside South Africa and Argentina The kingdom suspended travel to the UAE at the start of July following instructions from the GACA of Saudi Arabia. Saudi Arabia is set to reopen its borders for citizens looking to travel to the UAE, from Wednesday morning. An official source in the Saudi... Lire la suite...
Most sectors see gradual recovery in MENA: report

Most sectors see gradual recovery in MENA: report

Publié le mercredi 08 septembre 2021.
Temps de lecture : 4 minutes.
Most industries in MENA region are seeing gradual recovery, but corporates remain cautious and sectors such as tourism and aviation continue to see pressure says a S&P Global Ratings report.   The agency's EM+ series report titled "MENA Sovereigns, Corporates, And Banks Enter A New Chapter As Covid-19 Concerns Linger," was published today on RatingsDirect.    The report selected six countries in the region... Lire la suite...
Saudi ceramic tiles market set for solid growth over next five years

Saudi ceramic tiles market set for solid growth over next five years

Publié le lundi 06 septembre 2021.
Temps de lecture : 5 minutes.
Saudi Arabia's ceramic tiles market is poised for solid growth over the next five years mainly due to key factors such as surging demand for construction and evolvement of infrastructure industry for the increasing developments in the country, according to TechSci, a research-based global management consulting firm. The kingdom's ceramic tiles market has shown promising growth in historical years until 2019 and is expected to continue... Lire la suite...
Saudi's Vision 2030 unleashes $1 trillion infrastructure projects

Saudi's Vision 2030 unleashes $1 trillion infrastructure projects

Publié le mercredi 25 août 2021.
Temps de lecture : 3 minutes.
Saudi Arabia’s Vision 2030 has resulted in close to $1 trillion of real estate and infrastructure projects being announced across Saudi Arabia since 2016, according to analysis carried out by global property consultant, Knight Frank.  According to the property expert, nearly $300 billion of the total spend is dedicated to new infrastructure, including vast new passenger rail networks and a brand-new airport for Riyadh ($147... Lire la suite...
UAE announces six new projects for Hatta tourism development

UAE announces six new projects for Hatta tourism development

Publié le mardi 24 août 2021.
Temps de lecture : 2 minutes.
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved six new projects in Hatta as part of the Hatta development plan. The projects include the establishment of 504-km-long chairlifts, Dubai Mountain Peak at an altitude of 1,300 m, Hatta sustainable waterfalls, a world-class hotel, in addition to hiking trails to the highest peak in Dubai (Jebel Umm Al Nisour, at 1,300... Lire la suite...
Saudi Arabia’s tourism sector aims to bring 100mln visitors annually

Saudi Arabia’s tourism sector aims to bring 100mln visitors annually

Publié le mardi 27 juillet 2021.
Temps de lecture : 3 minutes.
Marketing and promotional campaigns for tourist destinations in the Kingdom have been launched Saudi Arabia has become a tourist destination for regional and international visitors and the Kingdom’s tourism sector is accelerating the pace for the future by announcing several programs and initiatives. Saudi tourism offers geographical and historical diversity, highlighting natural resources, archaeological treasures and historical... Lire la suite...
Four trends that will shape the future of healthcare in the Middle East

Four trends that will shape the future of healthcare in the Middle East

Publié le lundi 26 juillet 2021.
Temps de lecture : 6 minutes.
Regional healthcare infrastructure investments in the GCC are expected to reach $89bn by 2022   Healthcare systems across the world continue to be under tremendous strain. The Covid-19 pandemic challenged even the most advanced systems, and with new variants such as the Delta Plus this continues to remain. The constant pressure on healthcare delivery underpins the need for an already-stretched healthcare sector to be consistently on... Lire la suite...
Eid-ul-Adha 2021 started today

Eid-ul-Adha 2021 started today

Publié le mardi 20 juillet 2021.
Temps de lecture : 1 minute.
The Muslim holiday commemorates the day the prophet Ibrahim was willing to sacrifice his son as an act of obedience to God’s command. It is celebrated one day after the annual Hajj pilgrimage ends. Muslims celebrate the festival of Eid al-Adha by sacrificing goats. Those who are financially capable purchase goats and sacrifice them. The meat is distributed among the needy, community members, relatives and immediate... Lire la suite...
Why Dubai is an 'engine for growth' for the global automotive industry

Why Dubai is an 'engine for growth' for the global automotive industry

Publié le mardi 13 juillet 2021.
Temps de lecture : 6 minutes.
The emirate's location and infrastructure make it ideal for the vehicles re-export market while high local demand for high-end cars fuels further interest ​The total area dedicated to the automotive and spare parts sector in Dubai Industrial City covers more than 37m square feet. Dubai’s position as a major exporter and re-exporter of vehicles, one that enables manufacturers from Asia, Europe and North Africa to deal with the... Lire la suite...
Bahrain selects consultants for $2 billion Metro line extension

Bahrain selects consultants for $2 billion Metro line extension

Publié le lundi 12 juillet 2021.
Temps de lecture : 3 minutes.
Bahrain’s Ministry of Transportation and Telecommunications (MTT) has appointed a team of consultants to support its nearly $2 billion metro extension project. The selected advisors are now helping the authorities shortlist a suitable engineering consultancy to deliver the design.  MTT is looking to extend the current Bahrain Metro network to reach Bahrain Sports City – laying four new lines across 109... Lire la suite...
Dubai at the forefront of global tourism recovery

Dubai at the forefront of global tourism recovery

Publié le mercredi 07 juillet 2021.
Temps de lecture : 7 minutes.
As Dubai marks a year since reopening its borders to international tourists on July 7, 2020, the latest data published by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) shows the city welcomed 3.7 million overnight visitors during the 11-month period from July 2020 to May 2021. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai said: “We have... Lire la suite...
Saudi Arabia plans $147bn expansion for transport sector

Saudi Arabia plans $147bn expansion for transport sector

Publié le mardi 06 juillet 2021.
Temps de lecture : 4 minutes.
Saudi Arabia plans to invest SAR550bn ($147bn) in transport and logistics over the next nine years as Crown Prince Mohammed bin Salman looks to turn the kingdom into a global aviation hub. About 35 per cent of that spending will come from the government and the rest from the private sector as officials launch a new international airline, expand airports, build a broader train network and explore new technologies, Transport Minister Saleh Al... Lire la suite...
Saudi Arabia announces plans new national airline

Saudi Arabia announces plans new national airline

Publié le mercredi 30 juin 2021.
Temps de lecture : 3 minutes.
Saudi Arabia's Crown Prince Mohammed bin Salman announced plans on Tuesday to launch a second national airline as part of a broader strategy to turn the kingdom into a global logistics hub as it seeks to diversify from oil. The creation of another flag carrier would catapult Saudi Arabia into the 5th rank globally in terms of air transit traffic, official state media reported, without giving details on when and how the airline would be... Lire la suite...
UAE approves agenda for non-oil export development

UAE approves agenda for non-oil export development

Publié le mardi 29 juin 2021.
Temps de lecture : 5 minutes.
Chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the UAE Cabinet approved the National Agenda for Non-oil Export Development, an integrated framework for efforts to increase UAE's foreign trade, promote Emirati products and access new markets all over the world. Sheikh Mohammed bin Rashid reaffirmed that the UAE is among the top twenty countries in foreign trade indicators... Lire la suite...
Sheikh Hamdan orders construction of 16km cycling track in Dubai

Sheikh Hamdan orders construction of 16km cycling track in Dubai

Publié le lundi 28 juin 2021.
Temps de lecture : 4 minutes.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has ordered the construction of a 16km cycling track alongside Jumeirah Beach in the emirate. The new track will connect the Jumeirah Street cycling track with the existing one alongside King Salman bin AbdulAziz Al Saud Street located in Dubai Internet City. “It is a step to advance sustainable mobility,” said... Lire la suite...
Naqel launches new logistics facilities to support KSA’s logistics vision

Naqel launches new logistics facilities to support KSA’s logistics vision

Publié le jeudi 17 juin 2021.
Temps de lecture : 3 minutes.
Naqel Express, a leading express logistics and supply chain company in Saudi Arabia with the largest seamless network, is powering ahead with a raft of initiatives in the Kingdom and globally. In alignment with the Kingdom’s Vision 2030 initiative, Naqel has unleashed new investments of over SR200 million ($53 million) in the western province of Saudi Arabia to further facilitate imports and trading with the three continents connecting... Lire la suite...
Projects worth millions lined up for Bahrain's Southern Governorate

Projects worth millions lined up for Bahrain's Southern Governorate

Publié le mercredi 16 juin 2021.
Temps de lecture : 5 minutes.
Projects include $1.38mln Hunainiya Valley Natural Water Spring Park to be built over 7,028sqm Projects worth millions of dinars are being lined up across the Southern Governorate over the next two years. The new municipal and infrastructure plans include state-of-the-art central markets, disability-friendly parks, modern fishing wharfs and roadworks. They are set to be carried out by the Works, Municipalities Affairs and Urban Planning... Lire la suite...
Why Saudi Arabia's economic recovery is promising

Why Saudi Arabia's economic recovery is promising

Publié le lundi 14 juin 2021.
Temps de lecture : 6 minutes.
The kingdom's non-oil GDP has returned to pre-pandemic levels, driven by domestic investment and easing coronavirus restrictions   Saudi Arabia is on a steady path towards economic recovery in 2021 with the growth of non-oil GDP expected to reach 2.8 percent, an increase from the 2.4 percent growth forecast made earlier this year. It is also an improvement from the kingdom’s record GDP drop of 4.1 percent, according to... Lire la suite...
Restaurant recovery in MENA region

Restaurant recovery in MENA region

Publié le mercredi 02 juin 2021.
Temps de lecture : 4 minutes.
Restaurant dining took a major hit last year as pandemic-induced lockdowns and fear of social outings slashed demand, but the sector is set to bounce back, reaching $70 billion in 2025 in the Middle East and North Africa (MENA) region, research shows. The MENA restaurant and food court market in 2018 was estimated at approximately $55 billion. But by 2025, the online food service market in the MENA region is expected to grow by $15 billion... Lire la suite...
Riyadh Sports Boulevard - Another interesting project in Saudi

Riyadh Sports Boulevard - Another interesting project in Saudi

Publié le jeudi 27 mai 2021.
Temps de lecture : 2 minutes.
Sports Boulevard is one of Riyadh four grand projects launched by the Custodian of Two Holy Mosques King Salman bin Abdulaziz.   The Sports Boulevard extends for 135 kilometers, across the city of Riyadh, connecting Hanifah valley in the West with Al Salai Valley in the East. The Sport Boulevard has safe, green pathways for pedestrians along the whole project. Also, there are special routes for professional and amateur cyclist, plus... Lire la suite...
Riyadh on its way to becoming city of the future

Riyadh on its way to becoming city of the future

Publié le mercredi 26 mai 2021.
Temps de lecture : 3 minutes.
Saudi Crown Prince Mohammed bin Salman said that “Riyadh was very well planned by King Salman and it is the city with the best infrastructure in Saudi Arabia and it is one of the best cities in the Middle East.” As the focal point for Vision 2030, the Riyadh Development Authority was converted into the Royal Commission for Riyadh City (RCRC), with a mandate to make Riyadh one of the 10 largest cities in the world and increase its... Lire la suite...
UAE allows 100% foreign ownership from June 1

UAE allows 100% foreign ownership from June 1

Publié le jeudi 20 mai 2021.
Temps de lecture : 1 minute.
The UAE Ministry of Economy announced that the amended Commercial Companies Law will come into effect on June 1, 2021, allowing foreign investors and entrepreneurs to establish and fully own onshore companies. The UAE government has recently adopted an amendment to the Commercial Companies Law allowing 100 percent foreign ownership of companies, reported Emirates news agency Wam. Abdulla bin Touq Al Marri, Minister of Economy, said:... Lire la suite...
Ras Al Khaimah’s Dhs500m sustainable tourism projects

Ras Al Khaimah’s Dhs500m sustainable tourism projects

Publié le mercredi 19 mai 2021.
Temps de lecture : 7 minutes.
It will include eco-hotels, glamping offerings, outdoor cinemas, and other activities geared towards experiential tourism At the Arabian Travel Market 2021, the Ras Al Khaimah Tourism Development Authority (RAKTDA) announced over 20 sustainable tourism development initiatives across the emirate marking an investment of Dhs500m, in partnership with RAK Hospitality Holding and RAK Chamber of Commerce and Industry. In a statement, RAKTDA said... Lire la suite...
Bahrain's mega Expo centre project on track

Bahrain's mega Expo centre project on track

Publié le mardi 18 mai 2021.
Temps de lecture : 3 minutes.
Work is moving at a steady pace on the new Bahrain International Exhibition and Convention Centre (BIECC) in Sakhir with 30 per cent of the project already completed.   The foundation stone for the BD84-million ($221 million) mega project was laid by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince Prime Minister, in January last year.    The project next to Bahrain International Circuit features exhibition halls... Lire la suite...
Oman lifts movement ban, commercial activities resume with some restrictions

Oman lifts movement ban, commercial activities resume with some restrictions

Publié le lundi 17 mai 2021.
Temps de lecture : 3 minutes.
The number of visitors to commercial complexes and restaurants will be capped at 50 per cent of capacity Oman lifted its nightly curfew on the movement of people and vehicles starting Saturday, May 15, as it eased restrictions to stop the spread of Covid-19. The sultanate’s Supreme Committee tasked with combating Covid-19 revised the protocols in the country due to the improving situation. Oman had banned the movement of people... Lire la suite...
Riyadh to get ten BinDawood superstores over five years

Riyadh to get ten BinDawood superstores over five years

Publié le lundi 10 mai 2021.
Temps de lecture : 2 minutes.
BinDawood Superstores said it would open ten new branches in Riyadh as the retailer expands its footprint in the Kingdom. The company, a unit of BinDawood Holding, said in a stock exchange statement that it would open the branches over five years from 2022 to 2027. BinDawood Holding on Monday said first-quarter profit fell by more than half to SR62.1 million ($16.5 million) compared to a year earlier. Revenues declined by a fifth to SR1.12... Lire la suite...
Dubai set to host the largest in person tourism event in the world

Dubai set to host the largest in person tourism event in the world

Publié le mercredi 05 mai 2021.
Temps de lecture : 6 minutes.
This year’s Arabian Travel Market (ATM) will be the travel and tourism industry’s first and largest in-person event since the onset of the Covid-19 pandemic 18 months ago. To be held from May 16-19 in Dubai World Trade Centre, the in-person trade show is marking its 28th edition and will be followed by a virtual event a week later to complement the physical event and widen its reach. It follows on the heels of ATM Virtual which... Lire la suite...
Numerous opportunities for investment in GCC healthcare

Numerous opportunities for investment in GCC healthcare

Publié le mardi 27 avril 2021.
Temps de lecture : 13 minutes.
Strong growth is seen in the GCC healthcare sector, driven by a surge in medical devices, a growing branded generics market and increased investment in infrastructure and innovation.  This is the industry analysis from Mashreq, one of the leading financial institutions in the UAE, and the research firm Frost & Sullivan.    According to the report, GCC hospital revenues are predicted to grow by 5.8% in 2021. The... Lire la suite...
Saudi Arabia sees 'massive' investment in hotel sector

Saudi Arabia sees 'massive' investment in hotel sector

Publié le mercredi 21 avril 2021.
Temps de lecture : 7 minutes.
Simon Allison, CEO of hotel owners' alliance, HOFTEL, says increased competition could have spin-off effects for neighbouring countries Massive investment in mega tourism projects to the tune of $810 billion is expected to transform Saudi Arabia into one of the largest leisure tourism industries in the world over the next decade Hotel owners are ploughing a “massive amount” of money into Saudi Arabia, but the investment... Lire la suite...
UAE is ‘100% ready’ to host Expo 2020 Dubai – Sheikh Mohammed

UAE is ‘100% ready’ to host Expo 2020 Dubai – Sheikh Mohammed

Publié le mercredi 14 avril 2021.
Temps de lecture : 4 minutes.
Expo 2020 Dubai welcomed more than 100,000 visitors to experience Terra – The Sustainability Pavilion as part of a preview this year   The UAE is fully prepared to host the mega Expo 2020 Dubai exhibition, which begins in October this year, Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai has said. The six-month event, which runs from October 1, 2021, until March 31,... Lire la suite...
5 steps to start a business in Saudi Arabia for foreigners?

5 steps to start a business in Saudi Arabia for foreigners?

Publié le lundi 12 avril 2021.
Temps de lecture : 6 minutes.
Saudi Arabia is planning on spending more money in the next 10 years than what was spent in the last 300 years… Let us take your step by step through the process of starting your business in Saudi Arabia: STAGE 1: Visit SAGIA’S website (E services Portal) www.sagia.gov.sa Issuance of Investment License The first step is to obtain a foreign investment license from the Saudi Arabia General Investment Authority (SAGIA).... Lire la suite...
How the Gulf region will witness a vigorous recovery in 2021/22

How the Gulf region will witness a vigorous recovery in 2021/22

Publié le mercredi 07 avril 2021.
Temps de lecture : 3 minutes.
The recent recovery of the crude oil price to the pre-pandemic level of $60-65 per barrel is a huge relief for all the Gulf states After a traumatic year for the Gulf Cooperation Council nations which saw the oil price tumble from around $60 per barrel at the end of 2019 to $20 and hotel occupancy fall from 80%to 23% as travel restrictions and lockdowns took effect in the battle against Covid-19, the outlook for 2021 is dramatically improved.... Lire la suite...
UAE and Netherlands to boost trade ties

UAE and Netherlands to boost trade ties

Publié le mardi 06 avril 2021.
Temps de lecture : 1 minute.
DUBAI: The UAE and Netherlands have discussed plans to increase trade between the pair, state news agency WAM reported. Trade ministers from both countries agreed to strengthen their partnership as they try to bounce back from the impact of the COVID-19 pandemic. They discussed plans to encourage more Emirati and Dutch companies to explore each other’s local markets. “We look forward to strengthening ties between the two... Lire la suite...
Saudi Arabia leads the world in projected hotel supply growth

Saudi Arabia leads the world in projected hotel supply growth

Publié le jeudi 01 avril 2021.
Temps de lecture : 2 minutes.
Saudi Arabia’s hospitality sector is the fastest-increasing among the 50 most populated countries in the world, reporting 73,057 rooms across the three phases of the hotel pipeline, and projecting a 67.1% increase in room supply over the next three years, according to STR’s AM:PM platform.  Of the total rooms in the pipeline as of March 11, 16,965 were scheduled to come online over the duration of 2021. The 67.1%... Lire la suite...
Saudi Arabia announces massive 'green' initiatives

Saudi Arabia announces massive 'green' initiatives

Publié le mardi 30 mars 2021.
Temps de lecture : 8 minutes.
Saudi Arabia's HRH Crown Prince Mohammed bin Salman has announced two pathbreaking environmental initiatives that aim to set a clear "green" road map for the kingdom and rallies the region in significantly confronting climate change. The Saudi Green Initiative and The Middle East Green Initiative, the two initiatives that are to be launched soon, aim to chart a path for Saudi Arabia and the region in protecting the planet, and... Lire la suite...
UAE’s 2021 outlook positive despite Covid

UAE’s 2021 outlook positive despite Covid

Publié le lundi 29 mars 2021.
Temps de lecture : 7 minutes.
The first quarter of 2021 fared better-than-expected thanks to the post-pandemic recovery in the UAE, said Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group (AHG), one of the largest privately-owned business conglomerates in the region. Al Habtoor said AHG took measures early in 2020 to ensure it could withstand the fallout from Covid-19, which is still impacting much of the world, including industrialized nations. “The... Lire la suite...
Dubai aims to increase foreign trade to AED2 trillion

Dubai aims to increase foreign trade to AED2 trillion

Publié le mercredi 24 mars 2021.
Temps de lecture : 3 minutes.
Dubai has adopted a five-year plan to increase the emirate's foreign trade from AED1.4 trillion ($381.16 billion) to AED2 trillion ($544.51 billion), said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai.  In a series of tweets after a Dubai Council meeting, he said: "We have deployed the necessary resources to implement our plan.  "We issued several new... Lire la suite...
Saudi SCA's Future Projects Forum 2021 to showcase 1,000 projects

Saudi SCA's Future Projects Forum 2021 to showcase 1,000 projects

Publié le mardi 23 mars 2021.
Temps de lecture : 2 minutes.
This year more than 37 government and private entities will present their projects in the digital edition of the forum   The Saudi Contractors Authority (SCA)is organizing the third iteration of its Future Projects Forum (FPF), which is running till 24 March 2021, with showcase of 1,000 projects valued at over $160bn (SAR600bn). According to Saudi Press Agency (SPA) over 37 government and private entities... Lire la suite...
UAE retail sales expected to hit $58 billion this year

UAE retail sales expected to hit $58 billion this year

Publié le lundi 22 mars 2021.
Temps de lecture : 4 minutes.
Sales are expected to grow by 13%, supported by pent-up consumer demand, Covid-19 vaccination efforts and Expo 2020 Dubai   UAE retail sales are expected to reach $58 billion by the end of 2021, new analysis from Dubai Chamber of Commerce and Industry has projected. Sales are expected to grow by 13 percent, supported by pent-up consumer demand, Covid-19 vaccination efforts and Expo 2020 Dubai. Global spending plummeted as... Lire la suite...
Dubai launches mega 2040 Urban Development Plan

Dubai launches mega 2040 Urban Development Plan

Publié le lundi 15 mars 2021.
Temps de lecture : 7 minutes.
Nature reserves and rural natural areas will constitute 60 per cent of the emirate’s total area, while land used for hotels and tourist activities will increase by 134 per cent Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the ambitious Dubai 2040 Urban Master Plan on Saturday, March 13. The sustainable urban development plan envisions green and recreational spaces... Lire la suite...
Oman: 5 per cent VAT will come into force starting April 16

Oman: 5 per cent VAT will come into force starting April 16

Publié le lundi 15 mars 2021.
Temps de lecture : 2 minutes.
Oman is all set to implement the Value Added Tax (VAT) on April 16, it was confirmed on Sunday by the Oman News Agency (ONA). The VAT is expected to raise about 400 million Omani riyals annually and to generate approximately 1.5 percent of the value of GDP. Saud bin Nasser Al Shukaili, Head of the Tax Authority, emphasized that all necessary preparations and requirements for the VAT implementation have been put in place including the... Lire la suite...
Majid Al Futtaim opens $708m lifestyle, retail hub in Sharjah

Majid Al Futtaim opens $708m lifestyle, retail hub in Sharjah

Publié le jeudi 11 mars 2021.
Temps de lecture : 4 minutes.
Majid Al Futtaim, a leading shopping mall developer, communities, retail, and leisure pioneer across the Middle East, Africa and Central Asia, has officially opened its newest lifestyle and retail experience in the Northern Emirates, the AED2.6 billion ($708 million) City Centre Al Zahia. Featuring distinct architecture and offering exceptional hospitality options, the City Centre Al Zahia is expected to become a popular destination within... Lire la suite...
UAE strengthening business opportunities!

UAE strengthening business opportunities!

Publié le mardi 09 mars 2021.
Temps de lecture : 3 minutes.
MASSIVE INTEREST FOREIGN ENTREPRENEURS TO DEVELOP BUSINESSES IN UAE.   As the most diversified economy in the Persian Gulf and in response to Covid-19, the UAE government has started implementing a range of stimulus measures for strengthening of the business development programs. It is well known that foreign companies successfully use the UAE's location, logistic, financial and other services as a hub for commercial activity... Lire la suite...
UAE strengthening business opportunities!

UAE strengthening business opportunities!

Publié le mardi 09 mars 2021.
Temps de lecture : 3 minutes.
MASSIVE INTEREST FOREIGN ENTREPRENEURS TO DEVELOP BUSINESSES IN UAE.   As the most diversified economy in the Persian Gulf and in response to Covid-19, the UAE government has started implementing a range of stimulus measures for strengthening of the business development programs. It is well known that foreign companies successfully use the UAE's location, logistic, financial and other services as a hub for commercial activity... Lire la suite...
UAE strengthening business opportunities!

UAE strengthening business opportunities!

Publié le lundi 08 mars 2021.
Temps de lecture : 3 minutes.
Massive interest foreign entrepreneurs to develop businesses in UAE.   As the most diversified economy in the Persian Gulf and in response to Covid-19, the UAE government has started implementing a range of stimulus measures for strengthening of the business development programs. It is well known that foreign companies successfully use the UAE's location, logistic, financial and other services as a hub for commercial activity... Lire la suite...
Bahrain launches procurement process to build national metro network

Bahrain launches procurement process to build national metro network

Publié le jeudi 04 mars 2021.
Temps de lecture : 3 minutes.
The Kingdom of Bahrain’s Ministry of Transportation and Telecommunications (MTT) has launched a procurement process for the construction of the Bahrain Metro Project – an multi-billion dollar project to develop a public transport network across the Kingdom complete with fully automated, driverless technology. The move is part of Bahrain’s extensive plans for more than $32bn pipeline of infrastructure projects The Ministry... Lire la suite...
Bahrain construction sector to recover, set for 2.1pc growth

Bahrain construction sector to recover, set for 2.1pc growth

Publié le mardi 02 mars 2021.
Temps de lecture : 4 minutes.
Bahrain’s construction output contracted by an estimated 0.2% in real terms in 2020 as the industry faced disruptions due to the Covid-19 pandemic and movement restrictions to prevent its spread.    Added to this was the oil price drop, which further compounded this problem as Bahrain is highly dependent on oil revenue.    However, driven by investments in infrastructure, oil and gas and in renewables, the... Lire la suite...
Jones the grocer highlights opportunities in Saudi Arabia and Egypt with latest expansion push

Jones the grocer highlights opportunities in Saudi Arabia and Egypt with latest expansion push

Publié le lundi 01 mars 2021.
Temps de lecture : 14 minutes.
Food emporium Jones the Grocer is expanding into Saudi Arabia and Egypt, as part of its plan to open 200 new stores globally over five years. Originally established in Australia in 1996, Jones the Grocer is known for its casual dining style, cheese room and gourmet retail. It mostly sells dried and ambient products such as jams, chutneys, mustards, sauces, cereals, as well as chilled products like smoked salmon. It is now owned by... Lire la suite...
Japan’s MUFG predicts 2021 economic recovery for Saudi Arabia

Japan’s MUFG predicts 2021 economic recovery for Saudi Arabia

Publié le mardi 23 février 2021.
Temps de lecture : 3 minutes.
The Kingdom’s transformation strategy is very much investment-led and the private sector will continue to play an important role MUFG, a global financial services group and one of the largest banking institutions in Japan, anticipates a fast and robust economic recovery for Saudi Arabia in 2021, with GDP growth forecasted to rise from -4.8 percent to 3.6 percent, and a combination of a further pick-up in crude oil production as... Lire la suite...
Manama listed in the top 5 globally for FDI strategy in latest fDi Magazine ranking

Manama listed in the top 5 globally for FDI strategy in latest fDi Magazine ranking

Publié le lundi 22 février 2021.
Temps de lecture : 2 minutes.
The Kingdom of Bahrain’s capital Manama has been named as the fifth globally amongst all-sized cities and first amongst small and mid-sized cities for FDI strategy in the 2021 Global cities of the Future index produced by the Financial Times’ fDi Magazine. Both Abu Dhabi and Dubai similarly ranked in the top 10, with Abu Dhabi placing sixth and Dubai placing eighth. Commenting on the latest rankings, the Bahrain Economic... Lire la suite...
Gulfood 2021- The 26th edition of the annual F&B event will host 2,500 companies from 85 countries

Gulfood 2021- The 26th edition of the annual F&B event will host 2,500 companies from 85 countries

Publié le jeudi 18 février 2021.
Temps de lecture : 9 minutes.
The first live, in-person F&B industry event of 2021, Gulfood will be held across 20 exhibition halls at the Dubai World Trade Centre (DWTC), bringing stakeholders from all over the world for five days of dialogue, live demonstrations and business deals. The 26th edition of Gulfood will host 2,500 companies from 85 countries, who will participate to seek new collaborations and partnerships. This year’s event will also showcase its... Lire la suite...
Saudi Arabia won't work with foreign firms without regional HQ from 2024

Saudi Arabia won't work with foreign firms without regional HQ from 2024

Publié le mardi 16 février 2021.
Temps de lecture : 2 minutes.
Saudi Arabia will no longer sign contracts with foreign companies that do not have a regional headquarters in the kingdom after 2023, state news agency SPA reported on Monday, citing an official source. The policy, which comes into effect on Jan 1. 2024, is designed to encourage foreign firms to open a permanent, in-country regional presence that would help create local jobs, SPA reported. “The decision ... will reflect positively in... Lire la suite...
The incredible plan to create the largest public park in the world at the heart of Riyadh

The incredible plan to create the largest public park in the world at the heart of Riyadh

Publié le lundi 15 février 2021.
Temps de lecture : 7 minutes.
The King Salman Park project is one of Riyadh’s Four Megaprojects launched by the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz, on 19 March 2019. The project will be a milestone that contributes to fulfilling a key goal of the Saudi Vision 2030 to promote Riyadh’s position among the world’s top 100 most livable cities. Covering over 13 square kilometers, King Salman Park will be among the biggest city parks... Lire la suite...
Madayn to float tenders for new industrial city in Oman

Madayn to float tenders for new industrial city in Oman

Publié le jeudi 11 février 2021.
Temps de lecture : 2 minutes.
Oman's Public Establishment for Industrial Estates (Madayn) will soon float tenders for the development of a new industrial city within Al Dhahirah Governorate of the sultanate, said a report.    The company move comes following the completion of the detailed design work for the proposed new industrial city which will come up over a sprawling 10-million-sq-m area in Ibri, reported the Muscat Daily.   Phase One... Lire la suite...
HISTORIC: Mars success for UAE

HISTORIC: Mars success for UAE

Publié le mercredi 10 février 2021.
Temps de lecture : 3 minutes.
THE United Arab Emirates (UAE) made space history today when its Hope Probe reached its Mars Orbit Insertion (MOI) on Tuesday evening at 7:42 pm (UAE local time), completing its 7-month journey to Mars.   The UAE Emirates Mars Mission (EMM) is the first interplanetary mission undertaken by an Arab nation and UAE's just the fifth country worldwide to reach Mars.   UAE leaders visited the Mohammed bin Rashid Space Centre... Lire la suite...
Hope Probe reaches Mars today

Hope Probe reaches Mars today

Publié le mardi 09 février 2021.
Temps de lecture : 4 minutes.
The Hope orbiter is a UAE Space Agency unmanned space exploration mission to Mars, which was launched in July 2020 from Japan. The probe has travelled around seven months on its journey of 493 million kilometres, which it will complete today. At that point, it will reach the crucial ‘Mars Orbit Insertion’ (MOI) stage — which means the probe will have to slow down to enable it to be captured by Mars’ gravity, to orbit the... Lire la suite...
Mideast sports industry ‘set for fastest growth globally’

Mideast sports industry ‘set for fastest growth globally’

Publié le lundi 08 février 2021.
Temps de lecture : 6 minutes.
Respondents to a survey expect the sports industry in the Middle East to grow by 8.7% over the next three to five years, reflecting the fastest growth compared to 50 countries across the world, a report said. In stark contrast to the global sports market, respondents expect the Middle East to grow by 8.7% over the next three to five years, added the Middle East’s Sports Survey released by professional services firm PwC. Strong... Lire la suite...
Dubai ready to host Expo 2020 despite Covid challenge, says tourism chief

Dubai ready to host Expo 2020 despite Covid challenge, says tourism chief

Publié le jeudi 04 février 2021.
Temps de lecture : 3 minutes.
Helal Al Marri blames the recent spike of coronavirus cases on a 4-5% drop in compliance by residents Al Wasl Plaza, the centrepiece of the Expo 2020 Dubai site. Dubai has a very clear plan on how to deal with Covid-19 and will be ready to receive visitors for the world Expo exhibition this year, a government official said. “We feel very confident,” Helal Al Marri, director general of Dubai’s Department of Tourism and... Lire la suite...
Bahrain-origin exports up 4% to hit $6.3bn in 2020

Bahrain-origin exports up 4% to hit $6.3bn in 2020

Publié le jeudi 04 février 2021.
Temps de lecture : 2 minutes.
The value of Bahrain’s exports of national origin increased by 4% to BD2.387 billion ($6.3 billion) during year 2020, compared to BD2.298 billion for the previous year, said the Information & eGovernment Authority (iGA) in its foreign trade report. The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 74% of the total value, with the remaining countries accounting for... Lire la suite...
It’s time to invest in our healthcare systems, says Saudi cenbank governor

It’s time to invest in our healthcare systems, says Saudi cenbank governor

Publié le jeudi 04 février 2021.
Temps de lecture : 4 minutes.
Fahad Al Mubarak says health systems should not be seen as a cost but as an investment following turmoil caused by coronavirus pandemic Speaking on a panel session during the second day of the Future Investment Initiative (FII) in Riyadh, Al Mubarak said that among the many lessons learned from the current global coronavirus pandemic is the “vulnerabilities in our health system”. He said: “It was very clear that across... Lire la suite...
Bahrain’s non-oil economy ‘on strong growth track’

Bahrain’s non-oil economy ‘on strong growth track’

Publié le jeudi 04 février 2021.
Temps de lecture : 2 minutes.
Bahrain is witnessing strong growth in its non-oil economy, which is now representing around 90% of the Kingdom’s GDP, up from 55% in 2000, a senior government official said. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, was speaking at the 4th edition of the Future Investment Initiative in Riyadh, Saudi Arabia, reported Bahrain News Agency (BNA). He took part in the international conference... Lire la suite...
The UAE vaccination administration rate is the second highest globally.

The UAE vaccination administration rate is the second highest globally.

Publié le jeudi 04 février 2021.
Temps de lecture : 1 minute.
The UAE has vaccinated 83,302 residents against Covid-19 in the last 24 hours. The country’s Ministry of Health and Prevention (MoHAP) said the total doses administered now stands at 2.57 million. This takes the rate of doses per 100 people to 26. The Dubai Health Authority (DHA) has announced that it is rescheduling appointments for those who were set to take the first dose of the Pfizer-BioNTech vaccine amid a global... Lire la suite...
Expo 2020 Dubai, tourism recovery key to UAE economic rebound in 2021

Expo 2020 Dubai, tourism recovery key to UAE economic rebound in 2021

Publié le mardi 26 janvier 2021.
Temps de lecture : 5 minutes.
First Abu Dhabi Bank releases new investment outlook, predicting a V-shaped recovery for the UAE FAB noted that the rescheduling to October 2021 of the Expo 2020 Dubai will “add further strength” to the UAE economy The UAE economy should grow by about 2.5 percent this year after contracting by 6% in 2020 due to pressures relating to the global coronavirus pandemic and low oil prices. That’s according to a 2021 Global... Lire la suite...
Number of foreign companies increases in UAE

Number of foreign companies increases in UAE

Publié le jeudi 21 janvier 2021.
Temps de lecture : 1 minute.
DUBAI: The number of foreign companies operating in the UAE increased by 3.5 percent in December versus a month earlier, state news agency WAM reported. The total number of foreign companies in the Gulf country during the same period was at 3,209, the report quoted UAE’s National Economic Register (NER). Most of the companies were based in Dubai, 763 were branches of other Gulf companies while 2,446 were foreign businesses. NER... Lire la suite...
Qatar to offer more tourism, shopping opportunities, says business leader

Qatar to offer more tourism, shopping opportunities, says business leader

Publié le mercredi 20 janvier 2021.
Temps de lecture : 4 minutes.
Qatar’s transformation into a self-reliant and self-sufficient nation in the past three years has improved the local market, allowing it to offer more tourism-related and shopping opportunities to local and international clientele, a prominent business leader has said. “Qatar has become a very unique destination for a lot of people; the government has added so many things in terms of dining experience, hotels, malls, theme... Lire la suite...
Saudi Arabia offers $6trn investment opportunities

Saudi Arabia offers $6trn investment opportunities

Publié le lundi 18 janvier 2021.
Temps de lecture : 3 minutes.
Major investment opportunities worth $6 trillion will be available in Saudi Arabia over the next 10 years within the framework of the opportunities provided by the Kingdom's Vision 2030, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, has said.   Participating in a strategic dialogue session within the activities of the World Economic Forum, he said the... Lire la suite...
Oman’s appointment of first Crown Prince will boost investor confidence, say experts

Oman’s appointment of first Crown Prince will boost investor confidence, say experts

Publié le vendredi 15 janvier 2021.
Temps de lecture : 5 minutes.
Sultan Haitham Bin Tariq Al Said’s decree creating a ‘stable mechanism for the transfer of power’ has been welcomed by analysts Oman’s move to appoint a Crown Prince for the first time in the sultanate’s history will improve long-term investor confidence in the Gulf nation, according to experts. On Monday, Sultan Haitham Bin Tariq Al Said issued a royal decree which promulgated a new Basic Law of the State,... Lire la suite...
GCC will continue healthcare investment

GCC will continue healthcare investment

Publié le mardi 27 octobre 2020.
Temps de lecture : 3 minutes.
Maintain supportive fiscal and monetary policies until we are out of the woods of the health crisis, says IMF UAE – The International Monetary Fund (IMF) has asked the GCC countries to continue investing in the healthcare system and also maintain supportive fiscal and monetary policies. While giving remarks at a meeting of GCC finance ministers and central bank governors, Kristalina Georgieva, managing director of the IMF, praised the... Lire la suite...
Third quarter Saudi-Bahrain trade surges by 43%

Third quarter Saudi-Bahrain trade surges by 43%

Publié le lundi 26 octobre 2020.
Temps de lecture : 2 minutes.
Non-oil trade between Saudi Arabia and Bahrain increased by 43 per cent to $688.4m during the third quarter of 2020 compared to $481m during Q3 of 2019. The surge in trade between both countries follows the easing of restrictions on cargo transit over the King Fahd Causeway back in August. Bilateral commerce between the two nations increased by 12 per cent past the $2bn mark during the first three quarters of 2020 to record a substantial... Lire la suite...
Dubai takes entertainment to next level

Dubai takes entertainment to next level

Publié le jeudi 22 octobre 2020.
Temps de lecture : 3 minutes.
Dubai is providing UAE residents and visitors the opportunity to enjoy a spectacular lineup of live entertainment, lifestyle and sporting action following the restart of the city’s events sector. This further reinforces the emirate’s position as an international events hub and one of the world’s safest destinations. As one of the first few cities in the world to safely and effectively restart the events sector, Dubai has become a... Lire la suite...
Get policies right and global trade can have an $18t boost, says DMCC report

Get policies right and global trade can have an $18t boost, says DMCC report

Publié le mercredi 21 octobre 2020.
Temps de lecture : 3 minutes.
Deteriorating US-China ties will come to define trade in the 2020’s, plus the pandemic Dubai: A combination of tech-led advances and growth in cross-border services mixed with right sort of policies can boost global trade by $18 trillion – that’s according to the latest Future of Trade report DMCC (Dubai Multi Commodities Centre). Geopolitical tensions, namely the US-China trade war, and economic recovery from the pandemic will... Lire la suite...
Saudi UAE health wellness market to grow by 10,9% to reach 14,56 billion

Saudi UAE health wellness market to grow by 10,9% to reach 14,56 billion

Publié le mardi 20 octobre 2020.
Temps de lecture : 2 minutes.
According to a recent analysis by Frost & Sullivan, the health and wellness F&B market in Saudi Arabia and the UAE is estimated to grow at a compound annual growth rate (CAGR) of 10.9% to reach $14.56 bilion The research highlights shifting consumer attitudes, connectivity and health-conscious among customers in the GCC, and the fact that the two countries account for nearly 85% of the region’s health & wellness market. GCC’s health... Lire la suite...
How new equestrian start-up in the UAE jumped clear of the coronavirus crisis

How new equestrian start-up in the UAE jumped clear of the coronavirus crisis

Publié le lundi 19 octobre 2020.
Temps de lecture : 3 minutes.
Online classifieds platform dedicated to equestrian-related business world is launched in the UAE during pandemic How new equestrian start-up jumped clear of the coronavirus crisis Launched during the Covid-related lockdown, Horses Middle East “has been successful so far,” according its Italian founder Federica D’Andrea. An online classifieds platform dedicated to the equestrian-related business world has managed to hurdle the... Lire la suite...
Esports, VR gaming complex to be set up in Abu Dhabi

Esports, VR gaming complex to be set up in Abu Dhabi

Publié le jeudi 15 octobre 2020.
Temps de lecture : 2 minutes.
Beirut-based Robocom VR to provide content and technology for ‘Pixel’ A vast esports and VR gaming complex is set to open in Abu Dhabi in 2021. To be known as Pixel, the complex is being built at Al Qana, an upcoming waterfront destination in the UAE capital. Beirut-based Robocom VR will provide the content and technology for Pixel.ADVERTISING Pixel will also include an esports academy to train the next generation of UAE esports... Lire la suite...
Dubai hotels post highest occupancy since February

Dubai hotels post highest occupancy since February

Publié le mercredi 14 octobre 2020.
Temps de lecture : 1 minute.
Dubai’s hotel industry reported its highest occupancy level since February, according to preliminary September 2020 data from STR, a leading provider of market data on the hotel industry worldwide. Year-over-year declines in the key performance metrics remained significant, STR said in its report. Occupancy levels increased to 45.4% in September 2020 as against a decline of 37.6% during the same month of 2019. Average daily rate (ADR)... Lire la suite...
Oman to introduce 5% VAT in April

Oman to introduce 5% VAT in April

Publié le mardi 13 octobre 2020.
Temps de lecture : 1 minute.
Essential food items, medical care, education and financial services will be exempt from the planned levy Cash-strapped Oman is planning to introduce a 5 per cent value-added tax in April, following the lead of Gulf neighbours. Essential food items, medical care, education and financial services will be exempt from the planned levy, according to a royal decree detailing the tax on Monday. Oman, the biggest oil exporter outside OPEC, was... Lire la suite...
Abu Dhabi Customs introduces incentives for importers

Abu Dhabi Customs introduces incentives for importers

Publié le lundi 12 octobre 2020.
Temps de lecture : 2 minutes.
It is aimed at helping small and medium enterprises enhance their competitiveness The General Administration of Customs in Abu Dhabi has unveiled a new package of incentives to support importers. Abu Dhabi Customs will allow bank guarantees to be replaced by institutional guarantees for accredited partners. It will also facilitate the seamless transportation of goods between free zones and customs warehouses, with electronic monitoring... Lire la suite...
Abu Dhabi leading the revival of global sporting events

Abu Dhabi leading the revival of global sporting events

Publié le jeudi 08 octobre 2020.
Temps de lecture : 4 minutes.
Abu Dhabi is now the benchmark for global sporting events thanks to its successful and safe hosting of UFC Fight Island, according to one of the main men tasked with ensuring the fighters are safe during their bouts in the Octagon. Yas Island is currently hosting Return to Fight Island, a mega five-event series hot on the heels of the July’s inaugural UFC Fight Island. Having already staged UFC 253 and one UFC Fight Night, the packed... Lire la suite...
GCC e-commerce market to more than double to $50bn by 2025 due to pandemic-driven boom

GCC e-commerce market to more than double to $50bn by 2025 due to pandemic-driven boom

Publié le mercredi 07 octobre 2020.
Temps de lecture : 3 minutes.
The GCC’s e-commerce sector is predicted to more than double to $50 billion in the next five years, up from $24bn this year, as pandemic-related movement restrictions lead to a shift in shopping habits in the region, according to a new report. The report by consultancy Kearney forecasts that the sector will grow at a compound annual rate of 20 per cent between 2020 and 2022, with growth tapering off to 14 per cent per year from 2022 to... Lire la suite...
World’s largest fountain to launch in Dubai on the Palm Jumeirah

World’s largest fountain to launch in Dubai on the Palm Jumeirah

Publié le lundi 05 octobre 2020.
Temps de lecture : 2 minutes.
Dubai: Because one record-breaking fountain isn’t enough, Dubai will be home to two of them. The ‘Palm Fountain’, which is set to launch on Thursday, October 22, will attempt to break a Guinness World Record as the worlds’ largest fountain, potentially moving the Dubai Fountain at Dubai Mall to second place. Located at the Pointe, a lifestyle and dining destination on Palm Jumeirah, the ‘Palm Fountain’, is the Palm’s latest... Lire la suite...
Saudi Arabia to host world’s richest horse race in February

Saudi Arabia to host world’s richest horse race in February

Publié le jeudi 01 octobre 2020.
Temps de lecture : 7 minutes.
The Jockey Club of Saudi Arabia (JCSA) on Tuesday announced the return of the world’s richest horse race, the $20-million Saudi Cup, as well as a prize money increase and a new international race. The race will take place on February 19 and 20, 2021. At a series of press events held via video link from King Abdulaziz Racecourse in Riyadh, HRH Prince Bandar Bin Khalid Al Faisal, Chairman of the Jockey Club of Saudi Arabia, was keen to... Lire la suite...
Saudi Arabia’s tourism fund signs deal with banks to finance up to $43bn worth of projects

Saudi Arabia’s tourism fund signs deal with banks to finance up to $43bn worth of projects

Publié le mardi 29 septembre 2020.
Temps de lecture : 3 minutes.
Source: Pixabay Saudi Arabia’s Tourism Development Fund signed an agreement with the country’s two major lenders Riyad Bank and Banque Saudi Fransi to finance tourism projects worth up to 160 billion Saudi riyals ($43bn) in the kingdom. As part of the deal, the fund and the banks will set up a mechanism to support the financing of tourism projects in various regions of the kingdom, according to a statement on state news agency SPA on... Lire la suite...
Are UAE businesses finally back on track after COVID-19?

Are UAE businesses finally back on track after COVID-19?

Publié le lundi 28 septembre 2020.
Temps de lecture : 6 minutes.
Businesses are focussed on going hyper-local in generating sales until tourists return Dubai: UAE’s businesses are taking fresh lessons in the value of community – be close to the consumer and they have a better chance of staging a recovery from the pandemic. And in less time as well. Whether it is an F&B or grocery outlet or stores focused on providing services to that particular community, they are the ones recording improved sales... Lire la suite...
All emirates in the UAE start issuing tourist visas

All emirates in the UAE start issuing tourist visas

Publié le jeudi 24 septembre 2020.
Temps de lecture : 2 minutes.
The UAE’s Federal Authority for Identity and Citizenship (ICA) has announced that it has resumed issuing entry permits into the country, starting Thursday, September 24. However, work permits will still not be issued at this stage. “The resumption of this service is within the framework of easing restrictions and strengthening the state’s efforts towards supporting recovery plans of the country’s tourism sector and economy,” read... Lire la suite...
GCC healthcare sector investments to reach $89bln by 2022

GCC healthcare sector investments to reach $89bln by 2022

Publié le mercredi 23 septembre 2020.
Temps de lecture : 3 minutes.
KPMG says healthcare expenditure in the region will increase by 50% over a decade Healthcare-related expenditure in the GCC states grew from $60 billion in 2013 to $76 billion in 2019 and is expected to grow to a further $89 billion by 2022, an overall increase of nearly 50 percent from 2013 to 2022, according to global accounting and consulting firm KPMG. From 2018 to 2022, private-sector healthcare spending is forecast to increase at a... Lire la suite...
Dubai hosts first medical conference since onset of Covid-19 pandemic

Dubai hosts first medical conference since onset of Covid-19 pandemic

Publié le mardi 22 septembre 2020.
Temps de lecture : 2 minutes.
More than 450 local and international health specialists attended physically or virtually Dubai has hosted the “6th Annual MENA International Orthopaedic Congress”, in the physical and virtual presence of over 450 specialists from 20 countries worldwide. The hybrid event, hosted with support from the country’s health authorities and events management firm Maarefah Management, was the first of its kind congress since the social... Lire la suite...
Qatar’s first solar agriculture greenhouse

Qatar’s first solar agriculture greenhouse

Publié le lundi 21 septembre 2020.
Temps de lecture : 4 minutes.
Qatar University’s (QU) Solar Greenhouse project is funded by the Qatar National Research Fund (QNRF), National Priority Research Program (NPRP), in collaboration with Department of Agricultural Research of the Ministry of Municipality and Environment (MME). During the past 15 years, Qatar witnessed rapid economic and exponential population growth. Thus, the research and development projects of Protected Agriculture is essential for healthy... Lire la suite...
Reopening of international flights in Saudi Arabia:

Reopening of international flights in Saudi Arabia:

Publié le jeudi 17 septembre 2020.
Temps de lecture : 1 minute.
Saudi Arabia is set to ease its suspension on international flights from 06:00 on Tuesday 15th September, after nearly six months of an air travel ban aimed at curbing the spread of coronavirus. The Kingdom will end some restrictions on air, land and sea transport for its citizens from tomorrow. From 1st January 2021, all restrictions are set to be lifted. Saudi Arabia suspended all international flights in March this year. Gulf citizens... Lire la suite...
Saudi Arabia reopens its land borders with UAE, Kuwait, Bahrain

Saudi Arabia reopens its land borders with UAE, Kuwait, Bahrain

Publié le mercredi 16 septembre 2020.
Temps de lecture : 1 minute.
JEDDAH: Saudi Arabia’s land borders with the UAE, Kuwait and Bahrain will reopen after a four-month closure as the Kingdom eases the pandemic’s restrictions and economic activity returns to normal. Commercial trucks carrying goods for the Kingdom will also be allowed to enter through land ports from Gulf Cooperation Council (GCC) states following a circular issued by Saudi Customs. On March 7, the Kingdom announced that land border... Lire la suite...
For start: 15 other destinations from Muscat next month

For start: 15 other destinations from Muscat next month

Publié le jeudi 10 septembre 2020.
Temps de lecture : 1 minute.
Oman’s national carrier, Oman Air, tweeted on Wednesday night confirming that it would resume flights from Muscat International Airport to 16 destinations in 12 countries, including the UAE, from October 1. The airline confirmed that these flights will connect Muscat with London, Istanbul, Frankfurt, Cairo, Mumbai, Delhi, Kochi, Dubai, Doha, Dar Es Salaam, Zanzibar, Kuala Lumpur, Manila, Lahore and Islamabad, with more destinations expected... Lire la suite...
Dubai’s Danube chairman on why the UAE will see a V-shaped recovery from the Covid crisis

Dubai’s Danube chairman on why the UAE will see a V-shaped recovery from the Covid crisis

Publié le mercredi 09 septembre 2020.
Temps de lecture : 9 minutes.
The UAE is poised for a rapid rebound from the Covid-19 pandemic, mainly led by tourism, opines Danube Group’s Rizwan Sajan As he admits, the chairman and founder of Dubai-based construction and property conglomerate Danube Group is an optimist by nature, and hence it is easy to fathom why he believes that the UAE’s economy will recover rapidly from the Covid-19 crisis. “The UAE is set to witness one of the fastest V-shaped... Lire la suite...
Oman to resume international flights from October 1

Oman to resume international flights from October 1

Publié le mardi 08 septembre 2020.
Temps de lecture : 2 minutes.
Oman is set to reopen to international flights on October 1. The country’s Supreme Committee said it would restart international flights to and from the sultanate next month in accordance with health data for specific destinations. No further details of the reopening have been released, but it’s likely that Oman will categorise destinations based on the scale of the coronavirus outbreak in each country. Following the announcement,... Lire la suite...
Bahrain re-opens borders to tourists and non-residents from 182 countries

Bahrain re-opens borders to tourists and non-residents from 182 countries

Publié le lundi 07 septembre 2020.
Temps de lecture : 1 minute.
Passengers must undergo a PCR test at their own expense after landing Those staying in the country for longer than 10 days must take a follow-up test on the 10th day of their visit. Bahrain has re-opened its borders to tourists and non-residents following the introduction of new Covid-19 testing measures. Passengers holding electronic visas and those eligible for visas on arrival – from 114 countries and 68 countries respectively –... Lire la suite...
Lufthansa to increase Dubai flights by 30% as demand returns

Lufthansa to increase Dubai flights by 30% as demand returns

Publié le jeudi 03 septembre 2020.
Temps de lecture : 3 minutes.
German flag carrier Lufthansa has revealed plans to ramp up its operations from Dubai, with a 30 percent increase in flights from the emirate to Frankfurt from the company’s restart operations in August. The addition of eight new flights will see five flights-a-week from September 3 to 13, and four weekly services as of September 14. “After a positive restart in August we already see our commitment to the market further strengthening... Lire la suite...
Dubai ranks first in Arab region in medical tourism

Dubai ranks first in Arab region in medical tourism

Publié le mercredi 02 septembre 2020.
Temps de lecture : 4 minutes.
Dubai has maintained its position as the leading Arab destination for medical travellers for the second year in a row, according to the Global Medical Tourism Index, which was recently released by the International Healthcare Research Center (IHRC). Worldwide, the emirate, one of the globe’s most preferred tourist hubs, ranked sixth on the list of 46 unique destinations, reflecting anew its competitiveness in providing advanced healthcare... Lire la suite...
July offers a cargo boost for Middle East carriers

July offers a cargo boost for Middle East carriers

Publié le mardi 01 septembre 2020.
Temps de lecture : 2 minutes.
With passenger services also resuming, they can look to a much better fourth quarter 2020. Dubai: Middle East carriers managed some gains in their cargo volumes during July compared with June, spelling out more hope for an industry that is picking up the pieces from the COVID-19 hit. Along with them resuming more passenger services, it is hoped they can see some drastic improvements during the crucial fourth quarter. In July,... Lire la suite...
Safe zones: how Abu Dhabi plans to host major global events amid Covid threat

Safe zones: how Abu Dhabi plans to host major global events amid Covid threat

Publié le lundi 31 août 2020.
Temps de lecture : 4 minutes.
Department of Culture and Tourism – Abu Dhabi to evolve ‘safe zones’ concept to continue to host events despite Covid-19 restrictions The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced it is to develop its “safe zone” to ensure the return of tourism and other major events in the coming months. Tha announcement follows the recent successful delivery of UFC Fight Island, which featured the creation of... Lire la suite...
Virtual reality entertainment backer has big plans for the Gulf

Virtual reality entertainment backer has big plans for the Gulf

Publié le jeudi 27 août 2020.
Temps de lecture : 8 minutes.
Dubai-based equity fund Immersive Experiences (IEX) has revealed plans to double its portfolio in the next five years. The company launched XStrike, in Al Quoz, in December, a live-action combat simulation concept, and was set to open up Woo Hoo, an experimental edutainment centre aimed at parents and children, before the first Eid break earlier this year. The onset of coronavirus saw that delayed, with the launch now scheduled for next... Lire la suite...
Global trade to stabilise further as major economies re-open

Global trade to stabilise further as major economies re-open

Publié le mercredi 26 août 2020.
Temps de lecture : 4 minutes.
A cautious optimism has continuously marched ahead over the last few months, as several advanced economies gradually “re-opened” their activities, hopefully leaving the peak of the pandemic shock behind. The stabilisation of the COVID-19 spread and aggressive policy stimulus produced a significant reversal of economic trends, from a rapid but deep depression to what so far appears to be a recovery to close to previous levels in the medium... Lire la suite...
Dubai Customs transactions jump 36pc

Dubai Customs transactions jump 36pc

Publié le mardi 25 août 2020.
Temps de lecture : 1 minute.
Customs transactions processed by Dubai Customs jumped 36% in the first five months of 2020 to reach 5.9 million compared to 4.4 million transactions in the corresponding period of 2019. Dubai Customs completed 5.88 million transactions (99.2%) through smart and online channels, with only 0.8% done through the service counters, a release said. Customs declarations rose 42% in the first five months of this year to reach 5 million declarations... Lire la suite...
Bahrain cancels mandatory 10-day quarantine for all inbound travellers

Bahrain cancels mandatory 10-day quarantine for all inbound travellers

Publié le lundi 24 août 2020.
Temps de lecture : 2 minutes.
However, everyone still is tested for Covid-19 on arrival at the Bahrain The Bahrain government confirmed that the mandatory 10-day quarantine was lifted for all incoming passengers whose Covid-19 test undertaken upon their arrival in the country is confirmed to be negative beginning on Thursday, August 20. Passengers arriving in Bahrain will be subjected to a mandatory Covid-19 PCR test at the airport itself, with another test conducted... Lire la suite...
Dubai businesses return to growth first time since virus struck

Dubai businesses return to growth first time since virus struck

Publié le mardi 11 août 2020.
Temps de lecture : 3 minutes.
Gains in output and new work were largely behind the first expansion in the non-oil economy in five months • The rate of output growth was the quickest so far in 2020 • Construction as well as the wholesale and retail industry are leading the upswing • Travel and tourism had their first rise in activity since February despite lagging behind in terms of output growth • Inventories rose at the strongest rate since last... Lire la suite...
Covid-19 impact positive through 2025, say Saudi leaders

Covid-19 impact positive through 2025, say Saudi leaders

Publié le lundi 10 août 2020.
Temps de lecture : 4 minutes.
Most thought leaders and decision makers in Saudi Arabia anticipate that Covid-19 will be a positive accelerant of the transformation already underway in the Kingdom, according to a new report. The survey commissioned by independent Saudi think tank Al Aghar Group in partnership with global management consultancy Kearney focused specifically on the social impact of the Covid-19 crisis on the Kingdom through 2025. Respondents believe that... Lire la suite...
Jumeirah certifies more properties

Jumeirah certifies more properties

Publié le jeudi 06 août 2020.
Temps de lecture : 2 minutes.
Jumeirah set the bar high last month with three additional properties within its Dubai portfolio receiving the prestigious Bureau Veritas Safeguard Label. Guests staying at Jumeirah Al Qasr, Jumeirah Dar Al Masyaf and Jumeirah Creekside Hotel in Dubai can be assured of the highest hygiene standards after these three additional five-star hotels followed in the footsteps of Jumeirah Al Naseem to be awarded Bureau Veritas’ Safeguard Label.... Lire la suite...
GCC healthcare sector poised for significant investments in digital health to kick-start recovery of industry post COVID-19

GCC healthcare sector poised for significant investments in digital health to kick-start recovery of industry post COVID-19

Publié le mardi 04 août 2020.
Temps de lecture : 5 minutes.
Joint research conducted by Mashreq, one of the leading financial institutions in the UAE, and Frost & Sullivan, a growth strategy consulting and research firm, reveals that Gulf Cooperation Council (GCC) healthcare service providers are poised for significant investments in digital health to kick-start the recovery of the industry post COVID-19. The research report, titled GCC Healthcare: A Glance into the Future, found that revenue in the... Lire la suite...
Eid Al Adha 2020 different than usual

Eid Al Adha 2020 different than usual

Publié le jeudi 30 juillet 2020.
Temps de lecture : 3 minutes.
Muslims around the world are set to celebrate the annual festival of Eid al-Adha – the Festival of Sacrifice – which falls on the 10th day of Dhul Hijjah, the 12th and last month of the Muslim lunar calendar. Eid al-Adha is the second major Muslim festival after Eid al-Fitr, which marks the end of Ramadan, the month of fasting. The occasion will be celebrated in most countries on Friday, July 31. Here are five things to know about... Lire la suite...
Union Coop opens major warehouse in Dubai

Union Coop opens major warehouse in Dubai

Publié le mercredi 29 juillet 2020.
Temps de lecture : 2 minutes.
Union Coop, the largest consumer cooperative in the UAE, opened ‘Coop Factory’ – one of the largest commodity warehouses in the Middle East and its wholesale branch to sell food and non-food commodities. The new warehouse is located in the Al Tayy suburb of Dubai and will sell commodities at wholesale prices, which will be at discounts ranging between 15 to 20%, it said. The total area of the warehouse and the Union Coop branch is... Lire la suite...
Saudi’s Arabia Red Sea development dreams begin to take shape

Saudi’s Arabia Red Sea development dreams begin to take shape

Publié le mardi 28 juillet 2020.
Temps de lecture : 13 minutes.
While the global tourism industry is reeling from the effects of Covid-19 on international travel and travellers choose to stay put, one of the most ambitious luxury leisure developments in the world is quietly taking shape in a corner of Saudi Arabia rightly described as the last hidden gem in the world. Jola Chudy speaks to Red Sea Development Company CEO Jon Pagano about how a quest to build a resort of unmatched luxury goes hand in hand with... Lire la suite...
UAE’s used car sales set to surge past 1 million mark by 2025

UAE’s used car sales set to surge past 1 million mark by 2025

Publié le lundi 27 juillet 2020.
Temps de lecture : 6 minutes.
For every new car sold in the UAE in 2019, about 3.5 used cars were sold. By 2025, this ratio is expected to settle at about 2.9: 1 in favour of used cars, with overall sales crossing the 1 million mark. What’s clear from these figures, based on Frost & Sullivan’s recent analysis, Growth Opportunities in the UAE Used Car Market by 2025, is that the UAE’s used car market has new energy and dynamism. Consumers are being drawn to... Lire la suite...
$5bn green hydrogen, ammonia facility planned in Neom

$5bn green hydrogen, ammonia facility planned in Neom

Publié le jeudi 23 juillet 2020.
Temps de lecture : 4 minutes.
Air Products, in conjunction with Acwa Power and Neom, announced the signing of an agreement for a $5-billion world-scale green hydrogen-based ammonia production facility powered by renewable energy in Saudi Arabia. The project, which will be equally owned by the three partners, will be sited in Neom, a new model for sustainable living located in the northwest corner of Saudi Arabia, and will produce green ammonia for export to global... Lire la suite...
GCC construction sector set to gain ground in Q4

GCC construction sector set to gain ground in Q4

Publié le mercredi 22 juillet 2020.
Temps de lecture : 4 minutes.
The GCC construction sector has bottomed out, and the market will gain momentum in fourth quarter when new big contract awards will be awarded following a recovery in oil prices and increased optimism about economic growth amidst falling Covid-19 cases, say industry executives and analysts. “Ongoing construction activity has already resumed its recovery. While market sentiment leans towards a recovery in first quarter of 2020, subject to... Lire la suite...
Dubai hotel operators ‘cautiously optimistic’ as tourists begin to trickle in

Dubai hotel operators ‘cautiously optimistic’ as tourists begin to trickle in

Publié le mardi 21 juillet 2020.
Temps de lecture : 3 minutes.
Hotel operators in Dubai have recorded an increase in enquiries as the emirate re-opens to tourism, with many expressing cautious optimism that demand will pick up over the coming months. On Tuesday, July 7, Dubai reopened its doors to international visitors in the hopes of reviving its tourism industry after a closure that lasted almost four months. In an interview Jumeirah Group chief commercial officer Alexander Lee explained that... Lire la suite...
Abu Dhabi non-oil foreign trade hits $21.84bn in 5 months

Abu Dhabi non-oil foreign trade hits $21.84bn in 5 months

Publié le lundi 20 juillet 2020.
Temps de lecture : 2 minutes.
The value of Abu Dhabi’s non-oil foreign trade reached AED80.23 billion ($21.84 billion) during the first five months of 2020, the Abu Dhabi Customs has announced. Exports value reached AED23.20 billion ($6.32 billion) and the re-export value hit AED14.79 billion, while imports amounted to AED42.24 billion. Saudi Arabia remained the top trading country with Abu Dhabi during the period with the trade reaching AED17.91 billion.... Lire la suite...
Huge new online fulfilment centre for Carrefour in Dubai

Huge new online fulfilment centre for Carrefour in Dubai

Publié le mardi 14 juillet 2020.
Temps de lecture : 2 minutes.
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has opened its largest Carrefour online fulfilment centre. Located in Dubai’s Al Garhoud area, the facility has been set up to ensure the quick and efficient preparation and delivery of products to online shoppers across the emirate. Visible from planes landing at the nearby Dubai International Airport, the Al... Lire la suite...
$15 billion Gulf Railway to begin operations by 2023

$15 billion Gulf Railway to begin operations by 2023

Publié le lundi 13 juillet 2020.
Temps de lecture : 1 minute.
A $15 billion railway connecting the Gulf States is expected to begin operating in 2023, following almost twenty years of stalling and uncertainty, Saudi newspaper Al-Jazirah has revealed. The Gulf Railway will connect the Gulf Cooperation Council member states. The first phase to be completed will connect Saudi Arabia, Oman and the United Arab Emirates. The second phase is intended to be completed by 2025, and will link Saudi Arabia, Kuwait... Lire la suite...
New committee to ease building permit process set up in Dubai

New committee to ease building permit process set up in Dubai

Publié le jeudi 09 juillet 2020.
Temps de lecture : 2 minutes.
The decision authorises the committee to list, analyse, revise and develop procedures for providing services related to the issuance of building permits. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, Vice President and Prime Minister of the UAE, has issued a new decision pursuant to which a temporary committee named ‘Dubai’s Committee for Building Permit Procedures Development’ will be formed. He issued the... Lire la suite...
Despite downturn, Saudi Arabia pursues goal of doubling size of capital city

Despite downturn, Saudi Arabia pursues goal of doubling size of capital city

Publié le mercredi 08 juillet 2020.
Temps de lecture : 3 minutes.
Saudi Arabia is pressing on with plans to double the size and population of its capital city in the next decade, a government official said, despite an economic downturn due to the coronavirus crisis and low oil prices. Fahd Al-Rasheed, president of Riyadh’s royal commission, said the government has already committed some $266.6 billion for ongoing and new projects as part of total investments of some $800 billion over the next 10 years in... Lire la suite...
Full list of cities that Dubai airlines now connect for tourists and residents

Full list of cities that Dubai airlines now connect for tourists and residents

Publié le mardi 07 juillet 2020.
Temps de lecture : 3 minutes.
With Dubai all set to welcome foreign tourists from July 7, the city’s local airlines Emirates and flydubai have shared an updated list of destinations in their flight network. Emirates has resumed services to 51 destinations while flydubai now operates flights to 17 cities. Currently, the largest network of available Emirates flights is from Europe, covering a total of 18 destinations: Amsterdam, Athens, Barcelona, Brussels, Copenhagen,... Lire la suite...
Saudi Arabia’s Qiddiya to award 10bn riyals of contracts for Riyadh mega project

Saudi Arabia’s Qiddiya to award 10bn riyals of contracts for Riyadh mega project

Publié le lundi 06 juillet 2020.
Temps de lecture : 5 minutes.
The Qiddiya project coming up in Riyadh is expected to boost tourism potential of Saudi Arabia. Saudi Arabia’s Qiddiya Investment Company, backed by the kingdom’s sovereign wealth fund, plans to award at least 10 billion riyals ($2.66bn/Dh9.79bn) worth of contracts to various companies this year to speed up the construction of a mega entertainment and sports project in the capital Riyadh. “We’ve awarded well over 1bn riyals... Lire la suite...
Kuwait eases restrictions as it enters Phase 2 of reopening of economy

Kuwait eases restrictions as it enters Phase 2 of reopening of economy

Publié le jeudi 02 juillet 2020.
Temps de lecture : 1 minute.
Kuwait City: Kuwait has opened shopping malls, allowed 30 per cent of private and public sector employees to return to work, and has put in place a new partial curfew from 8pm to 5am as part of Phase 2 of its efforts to reopen the economy. The announcement was made by governmental spokesman Tareq Al Mezrem during a virtual press conference late last month. “The cabinet of ministers’ interest in reopening the economy led to the decision... Lire la suite...
Tourism in Saudi Arabia is a booming sector

Tourism in Saudi Arabia is a booming sector

Publié le mardi 30 juin 2020.
Temps de lecture : 1 minute.
According to a report in the Saudi Gazette, Saudi authorities are working to open 38 tourist sites in seven different tourist destinations by 2022. “Tourism constitutes 10 percent of the average total income of the world’s economies,” Al Khateeb said. “This sector constitutes 18 percent of Spain’s income, for example, 16 percent of France’s income, while it contributes 3.5 percent of the income in the kingdom’s... Lire la suite...
Dubai developer backs construction sector to ‘get back on track’ soon

Dubai developer backs construction sector to ‘get back on track’ soon

Publié le jeudi 25 juin 2020.
Temps de lecture : 2 minutes.
Dubai-based developer Rizwan Sajan said “it’s just a matter of time for the [construction] sector to come back” in the Gulf region, despite the impact of Covid-19 pandemic. The founder and chairman of Danube Group, which has launched multiple projects across Dubai, said the construction sector in the GCC region is linked to the price of oil and once the price nears $50, the property market will see a resurgence in activity, including... Lire la suite...
Sharjah opens cinemas, entertainment centres

Sharjah opens cinemas, entertainment centres

Publié le mardi 23 juin 2020.
Temps de lecture : 1 minute.
Sharjah’s Economic Development Department (SEDD) has said that cinemas, auction houses, entertainment centres, valet services and fitness facilities in the UAE emirate can re-open with 50 per cent capacity provided they follow the necessary safety guidelines. These guidelines include taking temperature checks, providing visitors with sanitisers and ensuring safety distance of 2 m, in addition to limiting customers to 50 percent of store... Lire la suite...
Saudi Arabia lifts national curfew, resumes commercial activities

Saudi Arabia lifts national curfew, resumes commercial activities

Publié le lundi 22 juin 2020.
Temps de lecture : 1 minute.
Saudi Arabia resumed all commercial activities and lifted restrictions on movement even as coronavirus cases show no signs of easing. The curfew was lifted across the nation from 6am from Sunday, June 21, but international travel. Social distancing remains in place and wearing of masks is mandatory. Gatherings can’t exceed 50 people. In the first week of June, Saudi reimposed a partial curfew across the governorate of Jeddah for a... Lire la suite...
UAE ranks among world’s most trusted governments

UAE ranks among world’s most trusted governments

Publié le mercredi 17 juin 2020.
Temps de lecture : 3 minutes.
Trust in the UAE government surged 11 points to an all-time high of 65 per cent, making it the most trusted institution globally above businesses, NGOs and the media, a report said. Trust in the UAE Government is evidenced by 55 per cent of respondents who believe it serves the interests of everyone equally and fairly, added the 20th anniversary edition of the Edelman UAE Trust Barometer. The research is conducted by Edelman Intelligence, a... Lire la suite...
Qatar to lift coronavirus restrictions in four phases

Qatar to lift coronavirus restrictions in four phases

Publié le mardi 09 juin 2020.
Temps de lecture : 1 minute.
Gulf country will gradually start easing lockdown from June 15, government Qatar will start lifting coronavirus restrictions under a four-phase plan starting June 15. Government spokesperson Lolwa Rashed al-Khater on Monday said some mosques would be allowed to reopen from June 15, and some stores in malls will also be allowed to reopen if certain conditions are met. The second phase of easing the lockdown would start on July 1, the third... Lire la suite...
Saudi Arabia three phase plan to ease COVID-19 restrictions

Saudi Arabia three phase plan to ease COVID-19 restrictions

Publié le lundi 08 juin 2020.
Temps de lecture : 2 minutes.
Saudi Arabia announced it is going to ease some restrictions taken to limit the spread of coronavirus, allowing movement and resumption of some economic and commercial activities. At present the country remains at second phrase. First phase In the first phase, movement within and between all regions of the Kingdom in private cars was allowed from 6.00am to 3.00pm except in Mecca. Economic and commercial activities were resumed in retail and... Lire la suite...
Qatar announces easing of coronavirus restrictions

Qatar announces easing of coronavirus restrictions

Publié le vendredi 05 juin 2020.
Temps de lecture : 1 minute.
Qatar has started to ease its coronavirus restrictions slightly by extending the working hours of the commercial and service sectors. From Thursday, the permitted working hours for commercial and service activities are from 7am to 8pm local time, according to the Ministry of Commerce and Industry. All industrial activities, contracting companies, and engineering supervisory works – construction sites and engineering offices – will also... Lire la suite...
Dubai: gyms, entertainment venues, theaters etc. to reopen

Dubai: gyms, entertainment venues, theaters etc. to reopen

Publié le jeudi 04 juin 2020.
Temps de lecture : 1 minute.
The Dubai government announced new measures to lift restrictions on businesses, allowing gyms, movie theaters, leisure venues, educational and training institutes, child learning centers and all retail and wholesale establishments to reopen. Entertainment and leisure venues like the Dubai Ice Rink and Dolphinarium are able to reopen as well. Shopping malls operators and private sector enterprises in Dubai have hailed the reopening of... Lire la suite...
Kuwait has started implementing a five-phased plan

Kuwait has started implementing a five-phased plan

Publié le mercredi 03 juin 2020.
Temps de lecture : 1 minute.
Kuwait has started implementing a five-phased plan to reopen the economy completely by mid-September. Under the current phase, which will last for three weeks, those looking to shop at cooperative societies and supermarkets will need to do a prior booking online – as it was during the curfew. Health authorities will assess progress before moving to the next phase. Source: Gulf Business Lire la suite...
Oman slightly eases lockdown

Oman slightly eases lockdown

Publié le mardi 02 juin 2020.
Temps de lecture : 1 minute.
The health closure/isolation of Oman’s capital was lifted from Friday, May 29. The governorate has been in a state of lockdown since April 10 to curb the spread of Covid-19. Oman News Agency reported on Wednesday that the committee has also decided to let 50 per cent of staff to work from offices from Sunday, May 31. This came as the committee held a meeting under the chairmanship of Sayyid Hamoud bin Faisal al Busaidi, Minister of... Lire la suite...
Saudi Arabia is reopening restaurants and coffee shops

Saudi Arabia is reopening restaurants and coffee shops

Publié le lundi 01 juin 2020.
Temps de lecture : 1 minute.
Restaurants and coffee shops in Saudi Arabia have reopened their dine-in sections to customers after more than two months of closure as a part of the lockdown imposed by the government to limit the spread of coronavirus disease (COVID-19). The reopening comes as a part of the second phase of a government plan, announced on May 26, to resume economic activity and gradually return to normal. The second phase reduces the curfew and increases time... Lire la suite...
Kuwait organisations in deal to build new industrial port

Kuwait organisations in deal to build new industrial port

Publié le vendredi 29 mai 2020.
Temps de lecture : 1 minute.
The Kuwait Port Authority has joined hands with the Public Authority for Industry (PAI) for the design and construction of an industrial port in the south of the country, reported Kuwait News Agency (KUNA). The MoU, which also includes a joint study for the project, aims to elevate Kuwait’s position worldwide and enhance its local manufacturing capability, stated the report. A public sector body run on a commercial basis under the... Lire la suite...
Saudi Arabia to resume domestic flights next week

Saudi Arabia to resume domestic flights next week

Publié le jeudi 28 mai 2020.
Temps de lecture : 1 minute.
Saudi Arabia is gearing up to resume domestic flights, beginning on May 31, as it eases coronavirus lockdown measures, said a report. Resumption of domestic flights will be in a phased manner and will include all domestic destinations within two weeks, Saudi Gazette reported citing a statement from the kingdom’s General Authority of Civil Aviation (GACA). The GACA added that it completed its operational preparations to gradually lift the... Lire la suite...
Refonte de notre site internet

Refonte de notre site internet

Publié le mardi 21 avril 2020.
Temps de lecture : 2 minutes.
Nouveau site internet par l'agence web Defaweux.be Dans le but d'améliorer la gestion de notre site internet, son édition, mais également le référencement naturel, nous avons contacté l'Agence Web Defaweux.be située à Lontzen pour réaliser la refonte de notre site Wordpress. Expert en création de sites internet, l'Agence Web Defaweux.be nous a permis de... Lire la suite...
S’armer, face aux difficultés liées à l’exportation : Import-Export Clubs des CCI

S’armer, face aux difficultés liées à l’exportation : Import-Export Clubs des CCI

Publié le mardi 17 janvier 2017.
Temps de lecture : 7 minutes.
S’armer, face aux difficultés liées à l’exportation : Import-Export Clubs des CCI Depuis de longues années, la CCI du Brabant wallon a misé sur l’internationalisation. Elle ne se contente pas d’assister les entreprises dans les nombreuses formalités liées à l’export. Elle les encourage aussi à développer leurs contacts internationaux en organisant des rencontres avec des acteurs du commerce international, des... Lire la suite...
The week of International Business

The week of International Business

Publié le jeudi 17 octobre 2013.
Temps de lecture : 1 minute.
François-Xavier Depireux was presence during Week of International Business. This event took place in Limburg, Belgium. François had a chance to describe « Ten tips how to do a business in the Middle-East » Lire la suite...

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