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May 2023

Online shopping in the MENA region is big business says a study from a reputed intelligence platform, eCommerceDB

Growing use of online channels has caused a surge in the Middle East and North Africa’s e-commerce market which touched about $37 billion in 2022 showing a 16% hike from…

May 2023

News

The Keil Institute for World Economy seems to indicate that things are looking up at long last

The EU’s imports and exports have shown good numbers and indicate that global trade is in recovery, pursuant to a projected rise in April 2023. An estimated 1.5% monthly growth…

Mar 2023

News

Real estate transactions in Abu Dhabi hit Dhs77.6 billion in 2022

19,033 transactions of Dhs77.6 billion were recorded in Abu Dhabi in 2022. The Department of Municipalities and Transport (DMT) said that the real estate market in the emirate saw 9,010…

Mar 2023

News

UAE is preparing four agreements to connect its economy with more than 10% of the world economy

The signing of the Comprehensive Economic Partnership Agreement (CEPA) with the Republic of Türkiye is the culmination of diplomatic ties spanning more than 50 years, and the continuation of trade…

Mar 2023

News

Qatar tops the World Knowledge Index in labour productivity

According to the Global Knowledge Index (GKI) 2022, published by the United Nations Development Programme (UNDP), in collaboration with the Mohammed bin Rashid Foundation Al Maktoum Knowledge Foundation (MBRF), Qatar…

Mar 2023

News

Riyadh Metro to be completed by end of 2023

The value of the Riyadh Metro in Saudi Arabia is a whopping $22.5 billion. The project will be completed by the end of 2023 or the start of 2024. The…

Mar 2023

News

Foxconn, a supplier of iPhones, will relocate its production from China to India

Foxconn, one of Apple’s main suppliers, and a significant producer of iPhone components, will invest approximately $700 million to construct a new facility in the state of Karnataka, in India.…

Mar 2023

News

Malaysia’s palm oil demand set to surge to 19.85m tonnes in 2023

The expected demand for palm oil in Malaysia is predicted to rise from 19.01 million tonnes in 2022 to 19.85 million tonnes in the current year. Moreover, the exports of…

Dec 2022

Highlights News

UAE makes its way to the top 25 countries in the 2022 World Talent Ranking

As Switzerland topped the talent magnet in the world, the Emirates climbed two places to 21st, according to the 2022 IMD World Talent Ranking (WTR). IMD is an independent academic…

Dec 2022

Highlights News

India launches its digital currency as the world seeks to counter the uncertainty of the crypto market

The recent fall of the FTX crypto exchange sent shockwaves throughout the financial world. The exchange valued at 32 billion euros declared bankruptcy last month. Events such as these, as…

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