DUBAI/ GULF TIME Research suggests that coffee industry is expected to grow at a CAGR of 8.3% during the forecast period of 2021-2027. According to a report by Fanack, coffee consumption in the Middle East amounts to $7 billion per year, which will account for over AED25 billion, and the estimated coffee consumption per person stands at 3.5 kilos per …

DUBAI/ WAM Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the UAE Government Annual Meetings kicked off today, in Abu Dhabi in the presence of more than 500 dignitaries, ministers, and senior officials at the federal and local levels. In his statement during the inaugural day of the UAE Government …

ABU DHABI/ WAM AD Ports Group (ADPORTS) today announced the purchase of 10 offshore vessels that will bolster offshore operations in the Middle East and Southeast Asia. The investment is around US$200 million into a well-maintained, diversified fleet with an average age of around 9 years, significantly less than the industry average. All ten vessels are expected to be delivered …