DUBAI / Emirates Business Gulf Craft sold AED 80 million (USD 22 million) worth of luxury yachts and leisure boats across its range at this year’s Dubai International Boat Show (DIBS), the Emirates-based builder revealed today, signifying considerable market resilience amid a challenging global economic landscape. Gulf Craft’s announcement follows the successful unveiling of four exceptional yachts – two of …

ALKESH SHARMA / Emirates Business A futuristic rail networks across the Middle East and North Africa (MENA) region, backed by the revolutionary concept of Building Information Modeling (BIM) technology, is the need of the hour, according to experts. Recent reports show that currently 16 major railway projects worth US$352 billion are underway in the region. One of the key advantages …

Dubai / Emirates Business Global food and beverage companies based in the GCC — General Mills, Kellogg Company, Mars, MondelÄ“z International, Nestlé Middle East, PepsiCo, The Coca-Cola Company and Unilever — have launched an enhanced version of their existing GCC Pledge on Responsible Food and Beverage Marketing to Children. Initially signed in 2010, the GCC Pledge is a voluntary commitment …