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UAE Investors adjust their investment expectations due to the rise in risks

uae invester investment

When it comes to returns, many investors in the UAE have now increased their expectations when it comes to investing. They have also become more aware of the risks that come with making investments and consider the low oil prices as the biggest threat to their investments. An asset manager from an investment management services Read more

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Rise in job opportunities in UAE’s healthcare sector

job medhunt uae

According to a recent report by LinkedIn, the healthcare sector in the UAE is gaining momentum due to improved infrastructure and an increasing base of medical experts. The Industry Talent Report for Healthcare July 2016 for the hospital and healthcare industry in the Middle East revealed that the UAE has the second highest employment growth Read more

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RTA uses 3D printing technology on Dubai Metro

Dubai’s Road and Transport Authority (RTA) has started using advanced 3D printing technology to make parts for subsystems of the of the TVMs (Ticket Vending Machines), ticket gates and other areas of the metro train system. CEO of RTA’s Rail Agency AbdulMohsin Ibrahim Younes said that this type of technology is advancing at a rapid Read more

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Gitex bundled offers now available in all stores across the UAE

gitex 2016

Gitex Shopper has always been an exhibition where people can have a fun experience shopping for the latest electronic gadgets. However, in order to boost sales and provide a more convenient approach to customers, power retailers are now offering the same bundled offers and promotions that are currently available at Gitex Shopper, at their stores Read more

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UAE ranked most competitive in the region

UAE ranked most competitive

The World Economic Forum (Davos) in Switzerland issued the recent version of the Global Competitiveness Report 2016. The report revealed that UAE was able to maintain its lead as one of the top competitive economies worldwide, ranking first in the region and 16th place on a global scale. The Arab world economies are in the Read more

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Oil increases over 4% as OPEC members assemble

opec oil

Oil shot up by almost 4 per cent on Monday as the world’s biggest makers assembled in Algeria to examine approaches to support prices, with apprehensive trade driving instability to its most noteworthy, since a comparative meeting to stop output in April in Doha which failed. An informal meeting is being held from September 26-28 Read more

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Construction for the Dubai Expo 2020 site officially commences

Construction for the Dubai Expo 2020

In the Dubai South district, the construction of the first infrastructure section at the Expo 2020 Dubai site has officially begun. There is a total of four infrastructure sections or ‘packages’ that is worth Dh1.3 billion. According to the Expo 2020 Bureau, more than 4.7 million cubic meters of sand has been moved ahead of Read more

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UAE is one of the ideal destinations for expats

expats uae

According to HSBC’s Expat Explorer 2016 survey, there are many career-orientated expats that are continually attracted to the UAE to the country’s economic and political stability. Out of 45 markets around the world, UAE was ranked 12th by expats as the ideal destination to live and work in. In order to comprehensively analyze how expats Read more

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Dubai ranked highest in the world visitor spending at $31.3bn

dubai visitors

Dubai has taken the top spot around the world in terms of visitor spending according to the annual MasterCard Global Destinations Cities Index. The country has spent around $31.3 billion due to the anticipated international visitor traffic of 15.27 million this year.  This ranking came as a surprise at this year’s index as the city Read more

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UK wants to utilize its strong links with the UAE after Brexit

uae and uk brexit

In order to help improve its economy post-Brexit, UK now wants to create a strong link with the UAE through its strategic partnership with the company. Fox, the UK’s Secretary of State for International Trade, Dr. Liam fox said that the country already has strong ties with the Middle East, especially in the field of Read more