Friday , 24 November 2017

Tag Archives: Featured

Jobs campaign boosts career opportunities for Saudis

The Kingdom’s drive to localize jobs has been ramped up; just go to various establishments and you will see that jobs previously employing expat workers are now being held by Saudi nationals. But the Kingdom does not stop there as it continues to look for ways and means to generate employment opportunities for the increasing Saudi population. The Ministry of …

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Plans moving forward for the European Union’s ‘House of Europe’ in Dubai

Plans to build a commercial property in Dubai for the European Union (EU) are currently underway with a construction tender expected next year, the project’s developer, Kleindienst Group, has said. The venture, currently awaiting building permission, is designed to be a ‘wood-only’ high-rise in the United Arab Emirates (UAE). Thomson Reuters Projects reported in July last year that Dubai-based developer …

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Several billions of US dollars in investments announced during the Morocco – Gabon 2017 Forum

Two delegations of Moroccan businessmen are expected in Gabon within the next few weeks The Morocco – Gabon Forum which has just ended in Rabat was the occasion for the Moroccan companies and investors to announce their intention to invest several billions of US dollars in Gabon in the sectors of Infrastructures, the numerical Economy, Agro-industrial industry and the sanitary …

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Apple v Samsung: Can new iPhone launch help revive sluggish GCC smartphones sales?

The Gulf’s mobile phone market remained flat in the second quarter of this year, but Apple will be hoping that sales of its new iPhones will help it overtake its rival Samsung and give the market a new lease of life. The new iPhone 8, launched last week, is already available for sale online in the United Arab Emirates, with …

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EIB conference in Egypt calls for private sector to lead new push for investments in the Mediterranean region

The EU bank provided finance of EUR 1070.6 million in 2016 to support private sector development in the southern Mediterranean region. The drive for jobs and growth in the Mediterranean region should be led by the private sector. This was the call today, as the European Investment Bank (EIB) held an international conference in Cairo dedicated to “Boosting investments in …

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The need for co-ordinated African research and development claimed top spot on rail conference agenda

Hon. Okello addresses first summit of the Organisation of Islamic Cooperation on Science and Technology. Hon. Okello who is leading a 9-person delegation is attending the First Summit of the OIC on Science and Technology which runs from 9-11th September 2017 in Astana, Kazakhstan Minister of State for Foreign Affairs in charge of International Affairs, Hon. Henry Oryem Okello, has …

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China State to help revive stalled Dubai Motor City project

Union Properties has signed a memorandum of understanding (MoU) with China State Construction Engineering Corporation (CSCEC) to expedite the build-out of its revived Motor City project. The companies signed an agreement at Dubai Cityscape Global real estate exhibition to build out the whole of the project. This will cost 8 billion dirhams $2.2 billion) and will be completed within four …

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The MIT Enterprise Forum (MITEF) for the Pan Arab Launches the Second Edition of Innovate for Refugees

Promoting a culture of entrepreneurship to find innovative technology solutions for refugee challenges The MIT Enterprise Forum (MITEF) for the Pan Arab announced the launch of the second edition of Innovate for Refugees. The MIT Enterprise Forum inaugurated the registration process of the competition on the 21st of August to extend till the 27th of November, 2017, after which the …

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Sharjah to develop $816mln pedestrian-friendly community

Alef Group, a key UAE-based real estate company, is set to develop a new pedestrian-friendly residential community, ‘Al Mamsha’ at an estimated cost of Dh3 billion ($816 million) in Al Juraina area of Sharjah. Al Juraina area is in close proximity to Sharjah University City and Sharjah International Airport, about 15-20 minutes drive from Sharjah city centre and 20-30 minutes …

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Saudi reform tweaks won’t affect key economic policies

Saudi Arabia is revising parts of an economic development plan released a year ago but key policies, including fiscal reforms and a massive privatisation programme, won’t be affected by the review, sources familiar with the matter told Reuters. In June 2016, the government published a National Transformation Programme (NTP) that included hundreds of steps to modernise the economy and society, …

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