62 countries represented on exhibition floor such as KSA, Germany, Italy, Greece, Cyprus, Thailand, Indonesia, Egypt, South Korea, The Philippines, Malaysia, Maldives and Israel 67 conference sessions featuring 145 local, regional and international speakers New hybrid format first time in ATM history; in-person at the DWTC from 16-19 May and virtually from 24-26 May Health & safety measures top priority for organiser Reed Exhibitions Arabian Travel Market (ATM) 2021 has reconfirmed that Dubai will host the largest in-person travel & tourism event in the world, since the onset of the pandemic last year. Now in its …

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The new facilities include office spaces as well as e-commerce logistics units and multi-client warehouses New e-commerce freezone Dubai CommerCity (DCC) has launched 470,000 sq ft of new facilities as part of its first stage, it announced on Sunday. Spread across 2.1 million sq ft in Dubai’s Umm Ramool area, the Dhs3.2bn development claims to be the first dedicated e-commerce freezone in the Middle East, North Africa and South Asia (MENASA) region. Divided into three main clusters – business, logistics and social, the freezone aims to attract global and regional manufacturers, as well as distributors …

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The UAE private sector experienced a solid improvement in business conditions at the start of the second quarter as new business growth strengthened to 20-month high. Business expectations also climbed for the fifth month running, amid hopes of a continued recovery from Covid-19 and an uplift in sales from the Expo 2020 later in the year, a survey report by IHS Markit said. The IHS Markit UAE Purchasing Managers’ Index rose to its highest since mid-2019, supported by a strong rise in new business volumes and a sharp expansion in output that were linked to …

UAE: New business growth strengthens to 20-month high Leggi tutto »

Proactive measures, incentive packages bear fruit, highlight country’s speed and flexibility in responding to global changes The UAE economy performed better than expected in 2020 despite the current global challenges brought about by the COVID-19 pandemic, said Abdulla bin Touq Al Mari, Minister of Economy, following the issuance of the preliminary results of the country’s economic performance by the Federal Competitiveness and Statistics Centre. The results highlight the effectiveness of the proactive economic measures and incentive packages rolled out by the UAE government, based on policies that highlight the country’s speed and flexibility in responding …

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‘The UAE plans a sprawling new campus to pioneer new forms of ag-tech and bolster its food security. THE UAE TOOK another step toward bolstering its food security on Saturday, as it unveiled plans for a sprawling city that will house climate-controlled vertical farms, a blockchain-enabled food storage system, and laboratories testing food-tech techniques ranging from 3D printing to alternative proteins. Dubai’s Food Tech Valley is set to be a center for agricultural technology and engineering, a smart food-logistics hub, R&D facilities, and a food innovation center, according to the Emirates News Agency. Created in partnership …

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ABU DHABI, 27th April, 2021 (WAM)  The UAE advanced to the eighth position globally and maintained its lead in the Arab region in the Bloomberg index of the most resilient countries that managed the coronavirus (COVID-19) pandemic, rising three places compared to the previous ranking and leading major countries, such as China, Finland, Denmark, Canada and Switzerland. The UAE resilience score is 69.7 point in the COVID-19 Resilience Ranking, which uses a wide range of data to capture where the pandemic is being handled most effectively, with the least social and economic disruption from mortality …

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Having achieved immense success as an expatriate living and working in the UAE for 10 years, Professor Giovanni Bozzetti, a celebrated Italian entrepreneur, educator, manager, author and community worker, has recently published ‘Emirati: Nulla É Impossibile (United Arab Emirates: Nothing is Impossible),’ to share with both the Italian and global business and investor communities an in-depth insight into the UAE’s 50-year journey in shaping the nation as a global powerhouse for commerce and innovation. In the 304-page book written in Italian, Professor Bozzetti attempts to deconstruct and demystify the UAE’s success story for the world …

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Giovanni Bozzetti’s book Emirati: Nulla É Impossibile is a glowing testimonial for the UAE as a powerhouse for global businesses The book is an excellent guide for business professionals, tourists and general readers to understand the UAE beyond the myths and stereotypes Sharjah, April 27, 2021 Having achieved immense success as an expatriate living and working in the UAE for 10 years, Professor Giovanni Bozzetti, a celebrated Italian entrepreneur, educator, manager, author and community worker, has recently published Emirati: Nulla É Impossibile (United Arab Emirates: Nothing is impossible), to share with both the Italian and …

GIOVANNI BOZZETTI’S BOOK EMIRATI: NULLA É IMPOSSIBILE…. Leggi tutto »

Despite importing 90% of its food supplies, UAE is considered food secure due to its capability to purchase food from international markets, even at higher costs. However, the Covid-19 outbreak and the resulting disruptions to supplychains; border closures; restrictions in delivery routes; trade quotas and international export restrictions have all been a wake-up call for the UAE to further scale up its agricultural production at home. UAE’s FOOD SECURITY CHALLENGES/CONTEXT-The UAE faces significant challenges in producing food domestically. Only 0.5% of the land mass is arable, extreme heat limits the capacity to cultivate and store …

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Jasmeet Bakshi offers a positive outlook for one of the UAE’s most important sectors and hopes for a swift re-bound owing to high levels of consumer trust built during the pandemic The pandemic is like a seismic inflection point for the global tourism industry and has resulted in huge amounts of re-learning, re-thinking and the adoption of many firsts. We have had to pivot, and pivot fast, towards the accelerated use of technology, the adoption of new hygiene standards and the increasingly cohesive vision of the region’s hospitality leaders. According to forecast analysis carried out …

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New UAE Central Bank report says economy will be buoyed by increasing fiscal spending, a pick-up in credit and employment and Expo 2020 Dubai UAE economic growth is forecast to recover fully from the impact of the global coronavirus pandemic in 2022, with real gross domestic product (GDP) seen rising by 3.5 percent. According to new figures released by the Central Bank of the UAE on Thursday, real GDP will rebound to positive growth of 2.5 percent in 2021. It said non-oil GDP will grow by 3.6 percent while the country’s oil economy is likely …

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Emirates Development Bank Strategy provides much-needed support for the country’s small and medium businesses, especially women-led businesses, which have been struggling since the pandemic The AED 30 billion ($8.2 billion) package of financial support for UAE’s SMEs and startups provides needed relief for the country’s businesses as they rebuild in the wake of coronavirus, industry stakeholders agreed. Following a particularly turbulent year of lockdowns and closures during the pandemic, the Emirates Development Bank Strategy was positively received by the UAE’s SMEs and startup community. “The initiative appears to be a very comprehensive and generous one …

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The financing will stimulate various sectors, help nurture and back 13,500 companies and create 25,000 jobs The Emirates Development Bank will provide Dh30 billion ($8.17bn) in financing over the coming five years to support the UAE’s efforts to more than double the size of the industrial sector in the coming decade. The announcement was made on Monday by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. The funds will help create and back 13,500 new companies in various sectors and generate 25,000 jobs, Sheikh Mohammed said on Twitter as he unveiled the initiative. …

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UAE is one of only five countries globally that achieved a higher ranking this year DUBAI: The United Arab Emirates has ranked 15th globally in Kearney’s 2021 Foreign Direct Investment (FDI) Confidence Index, up from 19th place in 2020. The UAE business environment demonstrated continued strengths in factors most important to investors, including government incentives for investors. The country’s strong enabling environment, featuring advanced technological infrastructure and high innovation levels, is also central to its FDI attractiveness. The UAE is one of only five countries globally that achieved a higher ranking this year in an …

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Government of Dubai – Media Office Retail sales in the UAE are expected to rebound and grow by 13% to reach $58 billion by the end of 2021, supported by pent up consumer demand in the second half of the year, Covid-19 vaccination efforts and Expo 2020 Dubai, new analysis from Dubai Chamber of Commerce and Industry has projected.  The analysis, based on recent data from Euromonitor, predicted that UAE retail sales are forecast to maintain 6.6% annual growth in the medium term to reach $70.5 billion by 2025, with store-based retailing growth forecast at a …

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Positive reforms and regulations are attracting people in numbers to stay for longer The introduction of financial regulations and reforms over the past 12 months, coupled with its handling of the coronavirus crisis, has helped make the UAE a “model country” for people to come and live, work and invest in, according to a group of panelists speaking at the inaugural Arabian Business Money Forum. Throughout the Covid-19 pandemic, the UAE passed a number of landmark reforms, amending laws on inheritance, bounced cheques and bankruptcies. The country also providede substantial economic support, on top of …

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È UFFICIALE, DUBAI PROVA A RIPARTIRE E LO FA CON LE FIERE IN PRESENZA IL PAESE, FORTE DELLA SECONDA CAMPAGNA VACCINALE PIÙ AVANZATA AL MONDO, CHE INIZIA A DARE I SUOI FRUTTI, RIAPRE IL MONDO FIERISTICO, NEL RISPETTO DEI PROTOCOLLI SANITARI E CREANDO STRUTTURE AD HOC: DI SEGUITO UNA SERIE DI EVENTI CHE SI TERRANNO IN PRESENZA, CON TUTTI I PRESIDI DI PROTEZIONE A GARANTIRE LA SICUREZZA DEI PARTECIPANTI: 30 Marzo- 3 Aprile 2021: GITEX SHOPPER 2021 World Trade Center Dubai www.gitexshopperdubai.com SETTORE: vendita, vendita al dettaglio 4 – 6 Aprile 2021: GCC Smart Government & Smart …

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Four galleries from across the Middle East discuss the first physical art fair for over a year After major international art fairs including Frieze and Art Basel were forced to go online due to the COVID-19 pandemic and accompanying lockdown measures, this year will cautiously see art events begin to return. This includes Art Dubai, which recently opened and is the first physical art fair to take place in over a year. Announcing the return to physical traditional fairs, Art Dubai artistic director Pablo del Val explained the importance of the format. “We see the importance of connecting with the …

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Secondo lo studio di Knight Frank Middle East, filiale locale dell’agenzia immobiliare londinese, tra le principali a livello globale, il mercato delle ville sta godendo di forte attenzione da parte dei Paperoni di tutto il mondo Il mercato immobiliare degli Emirati Arabi Uniti ha mostrato una sostanziale tenuta nel 2020 nonostante la pandemia, in particolare per il segmento più alto dell’offerta. È quanto emerge da uno studio di Knight Frank Middle East, filiale locale dell’agenzia immobiliare londinese, tra le principali a livello globale. Ad Abu Dhabi, per esempio, c’è stato un calo medio dei prezzi …

Il nuovo petrolio degli Emirati Arabi Uniti è il real-estate di lusso, che sta decollando Leggi tutto »

‘make it in the Emirates’ campaign part of new strategy for manufacturing ‘ The UAE will increase manufacturing’s contribution to the country’s economic output to Dh300 billion over the next decade as it embarks on a national programme to boost local production and create world-beating light and heavy industries. Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, announced the launch of “Operation 300bn” on Monday. It will “achieve a giant leap in the UAE’s industrial …

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Launch of strategy to more than double the size of industrial base will support job creation and country’s self-sufficiency ‘Operation 300bn’ was launched on Monday to position the UAE as a global industrial hub by 2031. It is a 10-year comprehensive strategy to increase the industrial sector’s contribution to the country’s GDP from the current Dh133 billion to Dh300 billion. The strategy includes enhancing the attractiveness of the industrial sector for investors by updating legislation, including allowing 100 per cent foreign ownership of projects and making dedicated financing available. An in-country value programme will be launched to …

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Dubai Global Events Re-opening Forum hears the secret to the emirate’s success in bouncing back from pandemic lockdown During the pandemic 92 percent of people saw Dubai as the safest place in the world to conduct business meetings, Dubai Tourism Chief Helal Saeed Almarri revealed on Thursday. “The desire to do business was there from people from around the world. We had a great deal of international businesses coming to these events,” Almarri said speaking at the Dubai Global Events Re-opening Forum as part of a panel of key stakeholders discussing the success and experience …

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Expo 2020 will bring together global minds to collaborate on solutions towards more resilient food systems Food security has become a global concern in the wake of the coronavirus pandemic that disrupted food supply chains and highlighted inefficiencies in an over-reliance on imports. In an interview with Arabian Business, Hind Alowais, vice president, international participants, Expo 2020 Dubai talks about the role Expo is playing in highlighting these issues in the lead up to Expo 2020 and how the exhibition itself will bring together global minds to discuss pressing challenges, among which is food security. …

How Dubai Expo 2020 is supporting global and local UAE food security initiatives Leggi tutto »

Vi raccontiamo, in esclusiva, il Padiglione Italia a Expo 2020 Dubai, attualmente in costruzione. La prima Esposizione Universale nel mondo arabo (1° ottobre 2021 – 31 marzo 2022) sarà l’occasione di una ripresa e riaffermazione dell’Italia in tutte le sue declinazioni di ingegno e know how sul tema della sostenibilità. Rimandata di un anno a causa della pandemia, la prima Esposizione Universale nel  mondo arabo aprirà i battenti il 1 ottobre 2021 e rimarrà aperta fino al 31 marzo 2022. Sotto il claim “La Bellezza unisce le Persone”, i materiali con i quali è rivestito …

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Coronavirus highlighted the need for producing food locally The UAE’s investments in agriculture technology (AgTech) accelerated over the past year as coronavirus brought food security concerns to the forefront, industry experts said. Inefficiencies of the UAE’s over-reliance on food imports were highlighted when the pandemic, which hit the UAE in March, disrupted global supply chains. But the disruptions prompted increased interest in AgTech to bolster food security, said Bina Khan co-founder of investment fund Summit Venture Partners. And as the UAE seeks to improve its global food security ranking, entrepreneurs are asking to be part of the plan. Khan, …

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