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Dubai extends IT push
Technology

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Demand for IT services in Dubai is set to soar over the coming decade, underpinned by strong demand for both software and hardware products.

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Demand strong for Abu Dhabi retail space
Economics

2011 LuLu Abu-Dhabi 15-bearbeitet

Competition is set to heat up for high-end retail space in Abu Dhabi in the coming years as an expanding and affluent population, solid economic growth and increasing tourism drive retail activity.

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Sales continue to surge at Dubai’s mega-malls
Economics

shopping-malls-in-Dubai

Dubai’s famous mega-malls are doing brisk trade, with the companies behind the emirate’s two biggest shopping centres reporting double-digit revenue growth in 2014. Additionally, plans for further expansion are also in the works.

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Egypt, UAE ink deal to build brand new capital east of Cairo
Economics

Egypt-new-capital-model

Egypt and the United Arab Emirates on Saturday signed a deal to build Egypt’s new administrative capital, east of the existing capital Cairo.

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Gulf women and competing economies
Economics

saudi women

‘Arab Women’ are the subject of Western and Eastern curiosity and, often, fascination. However, most attempts to investigate ‘Arab Women’ reduce them to one entity, ignoring their multitude of experience. The fact is Arab women are very different from each other.

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UAE: How the world's top donor spends its aid
Economics

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During 2013 the United Arab Emirates spent over US$5.5 billion on Overseas Development Assistance (ODA) – at 1.33 percent, it had the largest ratio of aid to Gross National Income of any country globally during that year.

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UAE: Medical tourism to boost Dubai's revenues
Economics

Dubai-Healthcare-City

Looking to capitalise on its reputation for healthcare, Dubai has set its sights on expanding the medical tourism sector with a target of half a million health and wellness visitors by 2020, boosting the economy with a fourfold increase in revenues from this segment.

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UAE: Abu Dhabi maintaining solid pace of economic growth
Economics

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Despite a sharp downturn in oil prices in the latter part of the year, Abu Dhabi’s economy maintained its solid pace of growth in 2014. Strong fiscal reserves,

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UAE: Governments must innovate or become irrelevant
UAE Politics

uae sheikgh3

Companies, like people, grow old. They start life small and eager to survive, fueled by youthful energy and fresh ideas. They compete, expand, mature, and eventually, with a few exceptions, fade into obscurity.

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Abu Dhabi’s banks look beyond the UAE’s borders
Economics

NationalBankofAbuDhabi

The banking sector performed strongly in 2014, led by Abu Dhabi’s raft of big-ticket projects, which have proved to be a key driver of growth for larger lenders.

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UAE: Dubai’s real estate boom fuels debate
Economics

UAE Dubais real estate boom fuels debate

The real estate sales market in Dubai has outperformed the rental market in the last year, sparking a squeeze in yields and prompting concerns that the fundamentals of the market are becoming skewed.

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UAE: New opportunities in Abu Dhabi mapped out in Economic Vision 2030
Economics

GASCO  Abu Dhabi Gas Industries UAE

A drive to strengthen the link between higher education and the private sector in Abu Dhabi has set the scene for research and development (R&D) to play a greater role in the emirate’s economic development.

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UK: Lord Mayor to promote economic relationship with Arab Gulf Countries
Economics

The Lord Mayor of the City of London visits to GCC Gulf countries Global Arab Network

The Lord Mayor of the City of London, Alderman Alan Yarrow, is to lead a large business delegation to the Gulf (16-28 January) as part of efforts to make sure London and the UK remain the regional partner of choice when it comes to financial and professional services, Global Arab Network reports according to press statement.

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