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Smart grids can help UAE economy diversify from oil and gas

  Dubai / Emirates Business The utilities sector has historically under-invested in information technology (IT), but an increasing number of utility companies in the MENA region are waking up to the benefits of smart technology – particularly smart grids, a Booz Allen Hamilton report has found. According to Masdar Institute of Science and Technology in Abu Dhabi, smart grids offer ...

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Fujairah Ruler opens new resort in Al Faqeet

  Fujairah / WAM His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, spoke of a bright future for the nation’s tourism sector during the opening of a new resort in emirate. Also, Sheikh Hamad Al Sharqi stressed the importance of the tourism sector in the UAE. He noted that the strategic location of the ...

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People in UAE to spend $1.1bn on toys and games by 2020

  Abu Dhabi / Emirates Business The UAE is riding high in the Middle East children’s toy sector, with the retail value of toys and games in the Gulf country estimated to comprise 28 per cent of the regional market by 2020, new research has revealed. According to analysts Euromonitor International (EMI), consumers spent US$869 million on toys, games, and ...

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