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Emaar tops Forbes’ 100 leading realty developers list

Dubai / Emirates Business Forbes Middle East welcomed representatives of the region’s leading real estate companies at an exclusive event, held to unveil its Top 100 Real Estate Companies in the Arab World for the second year running. The top 40 listed real estate developers have a combined market value of $90.5 billion, revenues of $18.1 billion, profits of $5.1 ...

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Middle East coffee industry to reach $4.4bn in 4 years

Dubai / WAM The ‘third wave’ coffee movement is fuelling the growth of the Middle East’s coffee industry, which is expected to climb to $4.4 billion by 2021, according to Euromonitor International. The new movement has seen a shift in consumer appreciation of coffee as an artisan, specialist and quality experience, rather than a commodity. As a beverage with multi-cultural ...

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Mega-events to draw $44bn in UAE tourism value by ’20

Dubai / Emirates Business Virtual reality concerts and matches, augmented reality apps, and immersive audiovisual will catalyze $44 billion in UAE tourism receipts by 2020, and transform the live entertainment and mega-event experience for millions of people across the Middle East and Africa. With the UAE enhancing its role as a global leisure, tourism, and entertainment hub, it is set ...

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