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Projects worth $3.5trn in pipeline across Mena

Dubai / Emirates Business The Middle East and North Africa (Mena) region is home to some of the most exciting projects markets in the world. With an estimated $3.5 trillion worth of projects planned across the region, the pipeline of future projects is vast. Data from Meed Projects show that construction, which covers private real estate and public buildings, represents ...

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Dubai free zone trade records 22% growth

Dubai / Emirates Business HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council (DFZ Council), noted that Dubai’s free zones have made a significant contribution to the growth of non-oil trade. Free zone trade in Dubai hit AED394 billion in first nine months of 2018, accounting for 41 percent of emirate’s total trade during the ...

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World’s richest lost $511bn in a year of market turmoil

Bloomberg The richest people on earth lost $511 billion this year after record first-half gains were obliterated by a succession of bruising market selloffs. Global trade tensions and worries about a US recession dragged markets lower at year-end. It’s only the second annual decline for the daily wealth index since its 2012 debut, and represents a sharp about-turn from the ...

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