A group photo of DMCA and IMDO senior officials.
Many Arabian oil exporters have begun to increase their offshore spending after nearly five years of massive cutbacks, according to a Seatrade Maritime report titled ‘Middle East Offshore Market on the Move.’
Dubai has moved up in the ranking of the world’s top 10 maritime capitals in 2019, the latest in its string of achievements that has made the emirate a globally competitive maritime hub.
The Dubai Maritime City Authority (DMCA) has revealed excellent performance in 2018, posting remarkable growth in marine licensing within its territorial waters. The DMCA announced an 18 per cent increase in the application of marine driving licences as compared to 2017
The Dubai International Financial Centre (DIFC), a leading financial hub in the Middle East, Africa and South Asia (MEASA) and home to the largest, most advanced financial innovation ecosystem in the region,
Dubai Land Department, DLD, has said that the real estate sector significantly contributed to GDP growth in the Emirate.
The direct contribution of travel and tourism to the Middle East’s GDP is predicted to rise by 4.2 per cent per annum to $133.6 billion by 2028 — driven in part by additional tourists to the region as a result of mega-events,