Mena News

The GCC is to become a global hub for aluminium production with 25 per cent global smelting capacity going online in five years, according to a business research and consultancy firm. Talking to Emirates Business on the sidelines of the...

The report noted that tenant and occupier sentiment has now reached a tipping point and has improved noticeably in the region over the past six months. The improved tenant and occupier sentiment has been reflected by a ten-fold increase in...

Countries in the Middle East and North Africa (Mena) region have taken strides in implementing e-government, but there is still substantial ground to cover. To successfully implement e-government, Mena nations must take a customer-centric approach and governments must create comprehensive...

Past experience shows that private investment tends to recover slowly from downturns, especially those that involve financial stress.  Turning to inflation, the IIF expected the rate to decline to 2 percent this year, before rising slightly to 3 percent in...

Chief economist at Bank Audi said that the Middle East economy was not immune from the negative effects of the global financial crisis. “The regional economy was definitely not insulated from the global financial crisis. According to recently published estimates of...

UAE, according to a report from the London-based hotel research company STR Global. Of the 120,589 rooms in the “active pipeline” 57,126, or 47 per cent, of rooms are due to be built in the UAE. Research by Proleads Global...

Marine services company Topaz Energy and Marine bagged two accolades at the Seatrade Middle East and Indian Subcontinent Awards held in Dubai on Thursday. Fazel A...The ‘Workboats’ award was secured thanks to Topaz’s fleet size and the great diversity of...

The marine and engineering subsidiary of Renaissance Services, Topaz Energy and Marine, has earned two prestigious Seatrade Middle East and Indian Subcontinent Awards for excellence and innovation in the maritime sector across the region. During the grand award ceremony held...

It will be offered on a private placement basis and is suitable only for professional clients who are qualified high net worth individuals and institutional investors. The fund is designed to take advantage of current short-term market inefficiencies, whilst being...