Officials during the event.
The overall property market in the UAE is performing well and the affordable luxury segment in particular has witnessed strong growth in 2018.
According to a recent study by PayFort, the GCC’s online retail revenues are expected to reach $69 billion by 2020. “The UAE leads the way regionally in terms of online sales, with 62 percent of citizens now shopping online, and annual sales expected to reach US$23.7 billion by 2022.” This was stated by Mauro Romano, CEO, ArabClicks, during an exclusive interview with Gulf Today.
The 5th UAE-UK Joint Economic Committee (JEC) was held in London with the participation of a high-level official delegation from the UAE, headed by Engineer Mohammed Bin Abdul Aziz Al Shehhi, Undersecretary of Economic Affairs in the Ministry of Economy, on behalf of Engineer Sultan Bin Saeed Al Mansoori, UAE Minister of Economy.
The fifth edition of the region’s leading FDI event, the Sharjah FDI Forum, titled ‘Future Trends in Foreign Direct Investment’, got underway at Sharjah’s Al Jawaher Reception and Convention Centre (JRCC),
Virgin Hyperloop One (VHO), the world’s leading hyperloop company, on Monday announced its participation at Dubai Motor Show, the most definite platform in the region for international automotive exhibitors,
Artificial Intelligence (AI), sustainability and Fintech were three of the key sectors under the spotlight at the Sharjah FDI Forum 2019, which opened on Monday at the Al Jawaher Reception and Convention Centre in Sharjah.