The UAE ranks14th globally in leading global management consultancy firmKearney’s Global Retail Development Index (GRDI),reinforcing the resilience of its retail sector, owing to government reforms and rapid digitalization. The study ranks 35 emerging countries based on a set of 26 factors and four key variables to determine markets that are growing, attractive, and relatively risk
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, and the Bill & Melinda Gates Foundation pledged USD 10 million through the foundation’s matching program to support healthcare humanitarian programs in the Middle East and Africa region. This announcement comes during a meeting held in Dubai between Bill Gates, the co-chair of
The UAE has been re-elected to the Council of the International Maritime Organisation (IMO) in the Category B membership for the third time, following comprehensive efforts and an intensive election campaign leading up to the elections. Through its landmark initiatives, the country continues playing an active role in strengthening the national maritime sector, while contributing
Dubai’s Department of Economy and Tourism (DET) revealed that the emirate welcomed 4.88 million visitors between January – October 2021 with international visitation during October alone reaching over one million. Reflecting the rising growth momentum and stability of the industry, strong international visitation was complemented by a robust domestic tourism market, further boosting the hospitality
Abu Dhabi Department of Education and Knowledge (ADEK) congratulates the seven teams who completed four days of intensive online competitions representing the UAE in the final of the World Robot Olympiad 2021 (WRO)which was held 18-21 November. This year,a line-up of over 200 national teams from 65 member countries took partin the international competition under
The second day of Gov Games kicked off in a competitive and enthusiastic atmosphere that reflected the spirit of sportsmanship. The current edition, officially sponsored by MyWhoosh, will conclude today, December 11, 2021, at the Expo Village – Expo 2020 Dubai In the qualification rounds held on the second day for the government entities, 28
Rising demand for villas and townhouses is driving a rebound in the UAE’s residential property market, says a senior industry expert from Mashreq Bank. The surge in demand is being driven by changing consumer needs when it comes to residential property purchase, says Cyril Lincoln, executive vice president and global head of real estate finance
