Once completed, Sheikh Mohammed Bin Zayed City will help solve the emirate’s housing shortage.
The stockpiles of oil products at the Port of Fujairah outside of the Strait of Hormuz in the Arabian Gulf dropped to a two-month low, with some traders forced to buy marine bunkers after holding off because of escalating prices.
Already well-established as one of the world’s top centres for oil bunkering, the Port of Fujairah and the adjacent Fujairah Oil Industry Zone (FOIZ) continue to attract further business and investment, recent announcements show.
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
Egypt’s non-oil private sector economy saw renewed growth in April, according to latest PMI data. Output expanded for the first time in nearly one-and-a-half years and new business increased at a faster rate. Input purchasing and job numbers also rose, while business sentiment towards the year-ahead outlook for activity strengthened.
Global stocks rose and the dollar dipped on Friday after US Federal Reserve officials said there would be no imminent move to tighten monetary policy in the world’s biggest economy.
Standing before the breathtaking beauty of the Balos lagoon in Crete on Friday, three German tourists couldn’t believe their luck at being there. “We searched for a location to go for our first holiday post-Covid and we...
Ajman Tourism Development Department (ATDD) will be participating in the twenty-eighth edition of the Arabian Travel Market (ATM) 2021, the leading global event for the travel and tourism industry, to held from 16th to 19th of May.