• UAE Exchange Wins the Title of Superbrand for the Eighth Consecutive Year

    UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, emerged as one of the strongest brands at the recent 12th Annual Superbrands Tribute held in Dubai. Recognised and voted as a ‘Superbrand’ for the eighth consecutive year, the title was conferred after a meticulous criterion set by the Superbrands Council that comprised the brand’s supremacy in the market, longevity and customer loyalty.

  • UAE Facility Management Market Forecast & Opportunities, 2021: TechSci Research Report

    The facilities management (FM) industry in the United Arab Emirates is expected to grow at CAGR of 8.51% between 2016-2021 driven by projects like Abu Dhabi's Emirate-wide Vision 2030, and Dubai Urban Development Master Plan 2020. Due to hosting of World Expo in 2020 in Dubai, an amount of USD8.174 billion is estimated to be spent on infrastructure in the city. With six mega projects in UAE namely Emirates roads master plan (to be completed by 2016), Etihad railway network (to be completed by 2018), Dubai Airport expansion (to be completed by 2018), Abu Dhabi Airport expansion (to be completed by 2017) Abu Dhabi Metro (to be completed by 2020), Dubai Metro (to be completed by 2030) all together costing about USD55.11 billion, the Facility management market is going to measure a robust growth.

  • UAE gets its ‘just desserts’ as French cream imports increase by 10% year-on-year

    French cream exports to the UAE are expected to increase by 10% this year, according to the latest research by the French Dairy Board.

  • UAE healthcare firm announces new acquisitions worth over $200m

    UAE healthcare operator NMC Health plc has announced two new acquisitions and the completion of new operating and management (O&M) contract as the company moves to expand across the Middle East.

  • UAE Healthcare Market Surges to AED 103 billion by 2021, According to New Study by MENA Research Partners

    The move towards quality healthcare, increase in demand for preventive care and digital health will contribute to a massive 60 percent growth of the healthcare sector in the UAE in five years, according to a new study by MENA Research Partners (MRP), a leading research company in the region.

  • UAE Homes Are Getting “Smarter by the Second”, according to Region’s Largest Mobility Reseller

    The typical UAE home is witnessing a momentous transformation, according to industry experts, one characterized by the increased adoption of smart technologies – enabling residents to interact with their home in a way they never have before.

  • UAE imported 30 per cent of total number of flowers, plants and trees brought into the GCC

    The UAE has been credited with owning 30 per cent of the total number of flowers, plants and trees imported into the GCC in 2014, according to a mirrored figures by the UN Comtrade, a repository of official trade statistics and relevant analytical tables. For the GCC region alone, the horticultural industry has been valued at AED 556 million, further solidifying the region’s position as the leading importer of flowers, plants and trees for the past five years, with the Netherlands ranking as the top country from where the imported horticulture products are sourced from. The industry’s continuing growth is attributed to the UAE’s vibrant hospitality, services and landscaping segments.

  • UAE interior designers create novel initiative to tackle global water crisis

    Over 400 interior design professionals will come together on Wednesday 7th December, in support of Surge, an international organisation that funds sustainable safe water and sanitation projects.

  • UAE investments in health care to reach AED 118 billion in 2027 at CAGR of 6 per cent

    H.E. Dr. Amin Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing Sector, Ministry of Health and Prevention (MOHAP), inaugurated the Forbes International Health Forum which serves as a strategic platform for regulators, senior leaders, experts and investors to discuss the future of the local health care sector. In his opening speech, H.E. commanded the exceptional experience of the country which puts in leading positions in the international competitiveness index and led to an increase in healthcare investments and an expansion of the numbers of factories and scientific offices, supported by a regulatory environment inspired by the vision of the wise leaders of the country and the UAE Vision 2021, and aiming at achieving highest quality and standards of care.

  • UAE Investor Confidence High at the Start of 2017

    UAE personal finance confidence is being fuelled by stabilising oil prices as records show 2017 has started positively when it comes to individuals making investments.

  • UAE is likely to see increased cashless transactions by 2020: Xpress Money’s Strategy & Digital Chief

    Cash is still the reigning king, but that is likely to change rapidly given the UAE’s thrust towards cultivating smart economies, says Xpress Money’s Associate Vice President – Strategy, Digital & BIA, Arundhoti Banerjee.

  • UAE IT leaders under pressure to compromise data security in bid to gain competitive advantage

    VMware, Inc. (NYSE: VMW), a global leader in cloud infrastructure and business mobility, today announced new research showing nearly half of IT decision makers (49 per cent) are under so much pres­­­­­­sure to deliver on business mobility, they’re willing to take calculated risks on the security of organisational data. Almost two-thirds, (63 per cent) say the benefits of a mobile business outweigh any potential security issues, such as a data breach. The findings show the urgency UAE businesses are facing when it comes to digitally transforming for a competitive advantage.

  • UAE law firm Banks Legal provides outlook for companies as foreign ownership law comes into force

    The eagerly awaited UAE Federal Decree-Law No. 19 of 2018 concerning Foreign Direct Investment (the FDI Law) has come into force. The FDI Law sets out a framework that will permit non-UAE national investors to own up to 100 per cent of onshore UAE companies upon satisfying certain criteria. The introduction of the FDI Law is expected to help increase foreign direct investment (FDI) into the UAE and accelerate economic growth. The FDI Law and the framework it sets out is one of the more significant initiatives implemented by UAE Government in recent times and follows a number of recent announcements aimed at encouraging investment.

  • UAE leaders trust friendship with India, says H.E. Sheikh Nahyan bin Mubarak Al Nahyan

    The UAE and India will have to further explore possible areas of synergy to advance bilateral trade between India and the UAE, saysHis Excellency Sheikh Nahyan bin Mubarak Al Nahyan, the UAE Minister of Culture and Knowledge Development.

  • UAE logistics industry poised for 4 per cent growth in 2016

    According to a recent report by Frost & Sullivan, the UAE logistics sector is expected to grow by 4 per cent in 2016, with a compound annual growth rate (CAGR) of 5.7 per cent between 2015 and 2020. The key drivers of the industry are EXPO 2020, national logistics development plans, and trade with Asia and Sub-Saharan African countries. In addition, the emphasis on domestic output has created scope for substantial cargo volume growth to and from the UAE, leading to improved connectivity and network.

  • UAE Management Accountant Salaries Higher than Average in Middle East/Africa Region

    IMA® (Institute of Management Accountants) today announced the results of its 2018 UAE Salary Survey. The study, covering 2017 data, surveyed IMA members from across the UAE concentrating on four Emirates: Dubai, Abu Dhabi, Sharjah and Ras al Khaimah.

  • UAE Media Apprenticeship Programme Receives Over 80 Applications, 20 Media and Academic Partnership Requests One Week After Launch

    The Education Affairs Office of the Crown Prince Court of Abu Dhabi today revealed that the UAE Media Apprenticeship Programme (UAEMAP), which was launched on 27 August 2017, has already attracted over 80 applications from across the UAE, and more than 20 partnership requests from media organisations and governmental and private academic institutions.

  • UAE Ministry of Environment and Water calls for participation in the GCC Award for the Environment and Wildlife

    The UAE Ministry of Environment and Water has called upon all individuals, institutions and companies working in the environment and wildlife sector to participate in the Gulf Cooperation Council Award for the Environment and Wildlife. The award aims to encourage individual and collective initiatives undertaken to preserve the environment and wildlife, inspiring innovation and creativity to contribute towards sustainable development while raising awareness among GCC countries.

  • UAE Ministry of Health & Prevention signs MoU with AstraZeneca to support patients with diabetes

    The UAE Ministry of Health and Prevention has signed a memorandum of understanding (MoU) with AstraZeneca Gulf for mutual cooperation in supporting and educating patients with diabetes and providing them with necessary tools to manage their disease. According to the terms of the agreement, both parties will work towards enhancing the medical capabilities of healthcare professionals to boost the health status of diabetic patients through integrated educational initiatives for both doctors and patients. In addition, they will also look to expand the capabilities of diabetes care teams, including nurses, dietitians and pharmacists to create a database for diabetics based on field studies within the framework of a supportive national policy.

  • UAE Ministry of Health and Prevention Renews Relationship with Cerner to Provide Electronic Health Record

    The Ministry of Health and Prevention (MOHAP) has renewed and expanded its strategic alignment with Cerner, a global leader in health care technology, for the continued implementation of its enterprise wide health IT system, called the Wareed project. The project is designed to establish a streamlined and accessible electronic health record (EHR) between United Arab Emirates (UAE) health facilities and a consolidated health information database of MOHAP patients through the use of an integrated health care IT system.