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SMEs optimistic on growth prospects

  DUBAI / WAM Business owners of small- and medium-sized enterprises in the UAE remain optimistic about their growth prospects this year, according to a survey conducted by Meed, a business intelligence service provider in the Middle East. ‘’Of the 138 SMEs that participated in the survey, 74 said they expected to grow their business in 2017 by 10 to ...

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RAK’s AED1.1bn prime property attracts international investors

  Ras Al Khaimah / Emirates Business Global property expert Select Property announced the first phase of completion for Pacific, its AED 1.1 billion purely residential project in the UAE. Pacific occupies a prime location on Ras Al Khaimah’s man-made Al Marjan Island, said to be the northern emirate’s version of Dubai’s Palm Jumeirah. It marked the occasion by inviting ...

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Algeria backs call to extend oil output cuts

  Bloomberg Algeria’s energy minister supports extending global oil production cuts to the end of the year as the strategy is succeeding in reducing global inventories. Russia is moving ahead with its own reductions to curb a global glut. “We are making progress in balancing the market,” Algeria’s Noureddine Boutarfa told reporters Saturday as ministers are meeting in Kuwait City ...

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