GCC fintech startups to attract $2bn in private funding
Investments in Gulf-based fintech startups are expected to reach $2 billion in the next decade, compared to a mere $150 ...
Country: United Arab Emirates
Jumeirah to open 7 new hotels by 2019-end
Jumeirah Group, the global luxury hotel company, has announced that it will open seven new hotels in the GCC and ...
Arada unveils smart city plans for Sharjah’s Aljada project
UAE's newest developer Arada has announced plans to create one of the country's smartest cities at its 24-million-sq-ft development Aljada ...
Main concrete works completed for UAE N-energy plant
The Emirates Nuclear Energy Corporation (Enec) has celebrated the achievement of a historic milestone in the development of the Barakah ...
Qatar, Kuwait to drive GCC growth in 2018 and 2019: IMF
Qatar’s FIFA 2022-linked infrastructure investments and Kuwait’s implementation of five-year development plans will be the GCC growth triggers in 2018 ...
Dubai hotel occupancy, rates dip despite demand growth
Hotels in Dubai witnessed declines in occupancy and revenues in October despite a significant growth in demand (room nights sold), ...
Aldar awards construction contract for mega Abu Dhabi project
Aldar Properties, a leading property developer in Abu Dhabi, UAE, has signed up Al Rakha Contracting & General Transport LLC ...
Dubai’s 9-month non-oil foreign trade hits $262bn
Dubai’s external non-oil trade in the first nine months of 2018 reached Dh965.3 billion ($262.7 billion), reflecting the Emirate’s rising ...
Saudi, UAE among world’s top 10 economic powers
Saudi Arabia and the United Arab Emirates ranked ninth and 10th respectively on the list of the world's most dominant ...
Emirates to launch world’s first integrated ‘biometric path’
Emirates is gearing up to launch the world’s first “biometric path”, which will offer its customers a smooth and truly ...
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