Almost 80 percent of Expo’s built environment will be retained for District 2020 For six months from October, the Expo 2020 Dubai site will be one of the most connected places in the world. But what happens after that? What happens to the Expo assets, to the art, architecture, pavilions and innovative designs on display? The legacy of Expo 2020 will remain as District 2020, an integrated community that will connect people long into the future. District 2020 will continue to support the acceleration of Dubai’s development and will be a home for innovators, families, …

Dubai builts the city of the future: District 2020 Leggi tutto »

2020 was arguably one of the most challenging years in human history. The onset of COVID-19 strapped the global economy on a roller-coaster ride, affecting both lives and livelihoods of people worldwide. On the business side particularly, the pandemic has revealed the resilience of cities like Sharjah, which continued to grow amid crisis by allowing global investors leverage opportunities offered by its diverse economy, business-friendly environment and low operating costs, among other competitive advantages. At the end of 2020, the emirate attracted 24 foreign direct investment (FDI) projects worth $220 million (Dhs808.6 million), as per …

Despite coronavirus challenges, Sharjah attracts over Dhs800 million in FDI investments Leggi tutto »

Non-oil maritime trade currently accounts for 83% of UAE’s total non-oil trade Dubai Chamber analysis points to expected recovery in UAE non-oil maritime transport and trade this year, supported by several positive global economic trends. Dubai, UAE: The UAE non-oil trade volume could grow by up to 12.9% year-over-year in 2021, supported by an expected uptick in maritime transport activity and other positive global economic trends, according to new analysis from Dubai Chamber of Commerce and Industry. The analysis based on recent data from the IMF, the UAE’s Federal Customs Authority and UNCTAD, projected 4.8% …

UAE NON-OIL TRADE VOLUME COULD SEE 12.9% GROWTH IN 2021: ANALYSIS Leggi tutto »

After a challenging 2020, dominated by the coronavirus pandemic, retail and entertainment in Dubai are coming back “better and faster than everyone”, according to the CEO of retail giant Majid Al Futtaim (MAF). Alain Bejjani believes this comeback will look different than the pre-pandemic retail concepts as consumers seek more digital and community-focused experiences. In an exclusive interview with Arabian Business, Bejjani spoke about the changing retail trends and how MAF is adapting to them. He also elaborated on why he is optimistic about the UAE economy in 2021 and what is in store for MAF in …

CEO of Dubai retail giant sees ‘better and faster’ rebound from virus blow Leggi tutto »

As the United Arab Emirates (U.A.E.) approaches its 50th birthday it has its sights set on recovery and transformation For the last 49 years, the U.A.E. has made efforts to foster an attractive business environment, which has been recognized with numerous accolades, including achieving a place in rankings as one of the happiest and one of the most competitive countries in the world.  As it readies itself to celebrate its 50th year in 2021, the COVID-19 pandemic has introduced a new set of challenges for the U.A.E., with the oil-exporting destination particularly sensitive to the reduced …

COUNTDOWN TO 50 Leggi tutto »

HE Saeed Mohammed Al Tayer, Managing Director and Ceo of DEWA, reveals how the next 50 years in the U.A.E. will see unparalleled investment in digitalization and sustainability What is your definition of a smart city? A smart city is a city where services are integrated seamlessly into daily life and resources are optimized for maximum efficiency, making people happy. In October 2013, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the U.A.E. and Ruler of Dubai, announced a project to transform Dubai into a smart city. The Smart Dubai …

POWERING TRANSFORMATION Leggi tutto »

Le misure di contenimento della pandemia fanno di Dubai una destinazione Covid-free, raggiungibile una volta in possesso di un tampone negativo. E diverse manifestazioni in presenza hanno sancito la ripresa del settore Duecentomila visitatori in una sola città per le vacanze di Natale e Capodanno 2020. Sembra un numero impossibile, invece è la stima per Dubai di Morgan Stanley e Nomura Holdings, che non per niente suggeriscono agli investitori di scommettere sul rimbalzo della sua industria turistica. L’emirato ha bruciato i tempi: prima il riconoscimento di destinazione sicura ricevuto dal World travel and tourism council, …

Negli Emirati il turismo è a prova di covid e gli eventi ripartono in tutta sicurezza Leggi tutto »

Futuristic initiatives by the government open scope for more growth than ever for foreign businesses. The UAE is a country that has exemplified how diversification and an openness to innovation are crucial to growth. Ever since the UAE’s formation, there has been an emphasis on pursuing economic diversification, and reducing its reliance on hydrocarbons, which was a primary economic pillar. The UAE acted fasted on these intentions, and set itself on a journey to becoming a crucial industrial development hub. One of the key drivers of innovation, which is acknowledged as a priority in the …

Increasing Innovation In The UAE Through Diversity Leggi tutto »

The Dubai ruler shared a letter for residents and citizens on Sunday Dubai: January 4, 2021, will mark the 15th anniversary of the rule of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. On this occasion, Sheikh Mohammed took to Twitter to share his message with the UAE people, recalling the achievements made by the UAE over the years, with a tweet that reads: “Brothers and sisters …the people of the UAE… In 2021, we will complete 15 years in the leadership of …

Sheikh Mohammad Bin Rashid says in letter written on the 15th anniversary of his Accession Day Leggi tutto »

Guides cover key sectors of Fintech, Healthcare, Transportation, Education, F&B, Social Impact, Sustainability, and Travel, Tourism & Hospitality The Dubai Chamber of Commerce and Industry’s Dubai Startup Hub initiative has launched eight guides to help startups in the UAE do business, as the Chamber concluded its fifth and final ‘Networking Series’. Organised in cooperation with Virtuzone, the Series target startups and entrepreneurs and ran from mid-October to mid-December 2020. The new guides cover eight key sectors, namely, Fintech, Healthcare, Transportation, Education, F&B, Social Impact, Sustainability, and Travel, Tourism & Hospitality. They provide ample resources – including relevant …

Dubai Startup Hub launches eight guides to support entrepreneurs Leggi tutto »

The UAE has for the first time entered the top 10 of an influential world rankings list. The country moved up to ninth on FutureBrand’s Country Index for 2020, with Dubai also being placed in the same spot in its similar list for key cities. Qatar, Oman and Saudi Arabia are other Middle East nations rising on the country list. Rankings are drawn up on how people perceive countries, based on qualitative and quantitative data, and include reflections from people living in each country. It said the UAE was one of the Middle East’s most …

UAE enters top 10 on influential list of global countries for the first time Leggi tutto »

A mission called Hope, the Arab region’s first attempt to go interplanetary, is on its way to Mars.

NEW TECHNOLOGIES ARE HELPING THE COUNTRY MAKE MORE OF ITS OWN PRODUCE Over a span of just six months, Covid-19 has not only changed the way we work, celebrate occasions and stay healthy but also forced countries to take a hard look at how they feed their residents. “I believe the current pandemic has provided us the opportunity to completely reimagine the global food system,” says Tony Hunter, a global food futurist. Going urban One of the factors pushing the global agri-tech agenda is the growth and increasing density of cities. “By 2050, more than …

Latest agritech help the UAE improve food production Leggi tutto »

Abu Dhabi: The Abu Dhabi government accelerator programme, Ghadan 21, has transformed the emirate’s economy, knowledge ecosystem and community, said Sheikh Khalid Bin Mohamed Bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, marking a year since the launch of the Dh50 billion programme. Envisioned by His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Ghadan 21 was launched to support and deliver the transformation of the emirate’s economy, knowledge ecosystem, and …

How ‘Ghadan 21’ is transforming Abu Dhabi’s economy, community Leggi tutto »