Walid Abdel Malik, Director of Business Registration and Licensing in the Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), inaugurated on Thursday the very first staging of Sleep Expo Middle East at the Dubai Festival City Arena. The event opened its doors to both trade visitors and consumers across the region, showcasing the latest advances in in the sleep technology space.
The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 per cent this year, from the eight per cent average growth rate, as per the recent estimates of the Ministry of Economy.
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.
Saudi Arabia unveiled the design of its pavilion at the Expo 2020 Dubai on Sunday. The pavilion will be second in size only to that of the UAE pavilion, covering an area the size of two football pitches.
A recently signed agreement between Al Ain Cement Factory, a subsidiary of Arkan Building Materials Co, a leading manufacturer of building materials in UAE, and the National Cement Factory (NCF)
The Indian equity markets is set to face another volatile week ahead, as the ongoing flight of foreign funds is expected to continue on the back of latest taxation surcharge on the super rich category along with subdued quarterly earning numbers.
Government initiatives have stimulated the residential and commercial sectors, whilst the country’s hospitality and retail segments continue to benefit from diversification efforts - according to the H1, 2019 Riyadh Market Snapshot by global real estate
Abbott Laboratories plans to ramp up manufacturing capacity for its lower-cost continuous glucose monitor, the FreeStyle Libre, by three to five times in the next few years, aiming to reach millions more patients worldwide, the company told Reuters.