Expo 2020’s to have long term positive impact on Dubai

Dubai: The positive economic impact of Expo 2020 on the UAE and Dubai will last several years beyond the event, according to industry leaders and financial experts. Speaking at a panel discussion titled Dubai Beyond Expo 2020 following the launch of ‘The Report: Dubai 2020’ by Oxford Business Group (OBG), representatives from various sectors of […]

UAE participates in G20 Finance Ministers meeting

RIYADH: A UAE delegation led by Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance has participated in the G20 Finance Ministers’ and Central Bank Governors’ meeting on December 6-7 in Riyadh, Saudi Arabia. This is the second meeting held in Riyadh after the G20 ‘Sherpa’ meeting, part of the 124 G20 meetings to […]

DP World Sokhna to facilitate trade & logistics for Egypt’s new administrative capital

Cairo: DP World Sokhna recently entered into a trilateral partnership with the China State Construction Engineering Corporation (CSCEC), and the China Ocean Shipping Company Ltd (COSCO), to serve as the hub for all construction material imports needed to build the central business and financial district of Egypt’s new administrative capital. As part of the agreement, […]

In Conversation with Ras Al Khaimah Media Office

Our Group CEO Ramy Jallad shares his vision and plans to make RAKEZ the driving force that will establish Ras Al Khaimah as the first choice of investment destination in the region. استعرض رامي جلاد، الرئيس التنفيذي لمجموعة راكز رؤية وخطط راكز الهادفة لتحويل إمارة رأس الخيمة إلى مركز جاذب للأعمال وجعلها الوجهة الاستثمارية المفضلة […]

WEEGS 2019 begins in Sharjah

Sharjah: The second edition of the Women’s Economic Empowerment Global Summit (WEEGS 2019) unveils tomorrow (Tuesday) at the Al Jawaher Reception and Convention Centre (JRCC) in Sharjah. Themed ‘Drivers of Change’, the two-day event held under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council, and Ruler […]

Imminent end of world trade court pose long-term market risk

Dubai: The World Trade Organisation (WTO) will be forced to end its role as a global peacemaker on Tuesday and analysts are worried this may cripple markets already bogged down by the never-ending US-China trade tussle. The fact that the world’s biggest economy and the 25-year-old global trade body don’t currently see eye-to-eye is not […]

Saudi-backed media group MBC hires new CEO after veteran leaves

DUBAI: Saudi-controlled MBC Group said on Monday it has appointed Marc Antoine d’Halluin as chief executive, replacing Sam Barnett who left in October after 17 years with the Middle East’s biggest broadcaster. D’Halluin, who began his career at Sony Pictures, is expected to join Dubai-based MBC on Jan. 5, it said. MBC owns several satellite […]

History of the UAE: Jebel Ali Port completes 40 years

Dubai: The sea and all things maritime is etched in Dubai’s DNA. Born as a city on the sea to become a city of merchants, Dubai’s association with the maritime industry has stretched across time. Maritime trade was the original growth engine of Dubai’s economy. It was with this in mind that in 1975 Sheikh […]