Local News

Demand for food set to rise by 60% in GCC by 2050

Dubai / Emirates Business As the world’s population figures continue to soar, so does demand for food with a United Nations Department of Social and Economic Affairs study revealing the global figure is growing annually by 83 million people and estimated to reach 9.7 billion people by 2050. Consequently, the need for food is set to increase by at least ...

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UK ready to seize ‘incredible’ Expo 2020 ‘opportunity’

DUBAI / WAM The UK Secretary of State for International Trade, the Right Honourable Liam Fox MP, announced on Wednesday that Britain wanted its pavilion to be in the ‘Opportunity’ themed district of Expo 2020 Dubai, saying that Dubai is on track to host an “incredible experience for millions”. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the ...

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DIC to highlight its ecosystem at GITEX

Dubai / Emirates Business Dubai Internet City (DIC), the largest technology business hub in the region, has announced its participation in the GITEX Technology Week 2017, marking its 18th outing at the definitive technology event. The theme of DIC’s exhibition, The Smarter Journey, will leverage the power of its partners’ innovations, offering visitors an opportunity to experience smart, cutting-edge solutions ...

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20 tech firms to dominate French pavilion at GITEX

Dubai / Emirates Business Business France, the national agency supporting the international development of te French economy will be hosting 20 leading French technology companies at GITEX, held from October 8 to 12, in Dubai World Trade Center (DWTC). The innovative and pioneering companies will be introducing their expertise in areas including 5G networks, Smart Cities, the Internet of Things, ...

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‘Urban Thinkers Campus’ announces global initiatives

Dubai / Emirates Business The Urban Thinkers Campus, which was launched by Dubai Land Department (DLD) through its educational arm the Dubai Real Estate Institute (DREI) in cooperation with the United Nations (UN), concluded with discussions on investment and real estate innovation, smart and sustainable living, wellness and happiness, innovative asset management, and affordable housing. The sessions, hosted by Dubai ...

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RAKEZ in UK explores future of manufacturing

RAS AL KHAIMAH / WAM The Ras Al Khaimah Economic Zone (RAKEZ), has supported the Financial Times (FT), in bringing this year’s ‘Future of Manufacturing Summit’, one of the most significant events in the manufacturing landscape, which was held in London on October 3. With the attendance of over 200 manufacturing leaders, investors and innovators, the event underlined game-changing technologies ...

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WTM London to help grow Mideast tourism

DUBAI / WAM With Expo 2020 Dubai on the horizon, and a successful push to diversify economies away from a reliance on hydrocarbon receipts, travel professionals from the Middle East are heading to WTM London in November in confident mood as they look to achieve a greater share of the multi-billion-dollar international travel market. WTM London being held from November ...

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ZAKK launches LED bluetooth headset

DUBAI / Emirates Business Headset with an LED light cable. The Firefly offers perfect safety features for fitness enthusiasts who like to run at night. The Firefly’s rechargeable LED light provides an added layer of safety from vehicles and other objects due to its enhanced visibility in the dark. ZAKK is a global lifestyle brand aimed to enhance the experiences ...

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Abu Dhabi launches $10bn triple-tranche dollar bond

DUBAI / Reuters Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $10 billion triple-tranche debt issue that drew heavy demand. The sale followed a $12.5 billion bond issue by Saudi Arabia last week – the largest emerging market bond sale in 2017 – and was the latest jumbo sovereign offering from Gulf states ...

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UAE gets mobile wallet for cross border remittance

DUBAI / Emirates Business UAE residents will soon be able to send remittances directly through their mobile phones, using a first-of-its-kind mobile wallet, which is set to launch at GITEX Technology Week 2017. The new service, which enables instant and secure transaction through a mobile application, has been developed by digital payments enabler Trriple. With a booming economy and an ...

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