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Brazil investors keen to tap $32bn GCC urban construction projects

Dubai / WAM More new business opportunities in the GCC recently opened up for Brazilian investors with $32 billion worth of large-scale urban construction projects now being tendered in the region, according to the Arab-Brazilian Chamber of Commerce (ABCC). The ABCC, which aims to foster economic, cultural, and tourism ties between Arabs and Brazilians, said that the report released by ...

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DP World, Hong Kong discuss strategic ties

Dubai / WAM Sultan Ahmed Bin Sulayem, DP World Group Chairman, met Hong Kong’s Chief Executive, Carrie Lam, and discussed collaboration in a range of sectors from ports, logistics and customs to education and innovation, at a meeting in Hong Kong this week. The meeting, at Government House, was also attended by the Consul-General of the UAE to Hong Kong, ...

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Digital payments to boost region’s GDP by $100bn

Dubai / Emirates Business Digital payments will dethrone “cash as king” in the Middle East, and boost regional GDP by nearly $100 billion, industry experts announced ahead of GITEX Technology Week. As Middle East countries accelerate their digital transformation agendas with nationwide high-speed technology connectivity, one of the biggest benefits will be quick and easy mobile payments. In the near ...

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