Once completed, Sheikh Mohammed Bin Zayed City will help solve the emirate’s housing shortage.
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.
Hong Kong’s economy grew at its slowest annual pace in nearly 10 years in the first quarter, an advance government estimate showed on Thursday, hit by a slowdown in exports and investment. The Asian financial centre has been buffeted by China’s slowing economy and the US-China trade war,
The Human Resources Development Committee in the banking and financial sector adopted the Emiratisation points system in the banking and insurance sectors with the aim of raising Emiratisation
GIB Saudi Arabia recently hosted ‘Digital Banking 4.0 - the new frontier’ event as part of the Fintech Tour 19. The event took place at GIB’s Innovation Centre located at its new offices in Al Khobar, Saudi Arabia.
Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry’s main global body said, while predicting a modest recovery next year.