Abu Dhabi rises to 12th globally in 2019 ‘Doing Business’ rankings

H.E. Al Hajeri: “This unprecedented achievement reflects the emirate’s ever-growing competitiveness regionally and internationally.” Abu Dhabi, April 30, 2019 Abu Dhabi has jumped 23 places on the global ranking for doing business and is now ranked 12th worldwide according to the World Bank’s 2019 ‘Doing Business’ Report. This remarkable rise is an unprecedented achievement for the emirate and represents a major improvement compared to the 2016 rankings. In its 4th edition of the ‘Doing Business’ Report, the World Bank evaluated economies based on a criterion of 6 performance indicators, namely:…

MEFMA highlights facilities management opportunities amid innovations and sustainability efforts

Association aims to standardize practices and processes in Middle East’s FM industry April 29, 2019 The Middle East Facility Management Association (MEFMA) held recently a seminar in Kuwait as part of its continuous bid to enhance the regional facilities management (FM) market’s growth and competitiveness. MEFMA regularly holds a series of interactive seminars in different parts of the region to discuss the most pressing issues affecting the reality and future of the sector in light of the rapid technological progress and a growing sustainability trend. During the Kuwait seminar, MEFMA…

Minister of Economy Opens SME Expo in Abu Dhabi

Abu Dhabi, 29 April 2019 H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy and Chairman of the UAE Small and Medium Enterprises Council, officially opened the Small to Medium Enterprise Exhibition, SME Expo at Abu Dhabi National Exhibition Centre on behalf of the National Program for Small and Medium Enterprises the executive are of the Council of Small and Media Enterprises at the Ministry of Economy. The SME Expo was declared open in the presence of: HE Shamma bint Sohail Al Mazrouei, Minister of  Youth; HE Mohamed…

Etihad ESCO to highlight nuances of lighting design at 8th Middle East Lighting Design Summit

29 April 2019 – Etihad ESCO participated today in the 8th Middle East Lighting Design Summit, scheduled to be held from April 29 – 30, 2019, at Dubai’s Roda Al Bustan. The Super ESCO will utilize the platform to shed light on the finer aspects of lighting design from a developer’s perspective, as the forum is set to dive deeper into lighting design concepts and discuss the latest developments in the region’s industry. On second day of the event, Etihad ESCO will participate in a panel discussion titled ‘Lighting Design…

Eltizam Asset Management Group signs AED 28.7 million service agreement with Transguard Group

Wide variety of security services to be provided to various sites in UAE 29 April 2019 – Eltizam Asset Management Group, a leading physical asset management company in the UAE and GCC, has signed a service agreement with Transguard Group LLC for the provision of security services to multiple buildings and developments throughout the UAE. Commencing 1st May 2019, Transguard Group will administer a range of security services including security guards, CCTV operators, radios, patrolling vehicles and supervisors to various units across the Emirates over an initial three-year period worth…

Khalifa Fund announces opening of 3rd ‘Pitch@Palace UAE’ competition for UAE’s innovative entrepreneurs

  Abu Dhabi, April 28, 2019 – The Khalifa Fund for Enterprise Development (KFED) announced that registration has now opened for innovators and entrepreneurs running small and medium enterprises (SMEs) who are keen to participate in the third edition of ‘Pitch@Palace UAE’. Organized in partnership with the ‘Pitch@Palace Global’ launched by H.R.H Prince Andrew, Duke of York in the United Kingdom, the competition is a platform for entrepreneurs and innovators around the world where they can showcase their projects to investors and business leaders of major companies to win support…

Oman welcomed more than 3 million tourists in 2018

April 28, 2019 – Oman’s Ministry of Tourism is placing a stronger emphasis on the recent surge in popularity that Oman has witnessed in order to help increase awareness and promote the country as a key tourism destination – throwing the spotlight on what makes the Sultanate a diverse and rich destination at a series of global tourism events and travel fairs. Oman welcomed more than 1.4 million GCC citizens last year, with the total number of tourists exceeding 3 million, whilst almost 200,000 cruise ship passengers visited the Sultanate.…

Sharjah Commerce and Tourism Development Authority welcomes 1,738,543 hotel guests in 2018

Combined hotel revenues up at AED 633 million April 27,2019 The Sharjah Commerce and Tourism Development Authority (SCTDA) continues to remain on track to drive the emirate’s tourism sector after its major 2018 accomplishments revealed a steady rise in the number of visitors and improved hotel revenues. SCTDA made the announcement ahead of its upcoming participation at the Arabian Travel Market 2019 to be held at the Dubai International Convention and Exhibition Centre. During the event, the Authority will promote its tourism projects and initiatives to raise global awareness of…

Ducati UAE unveils the new Panigale V4 R

Superbike launched at exclusive event at Sheikh Zayed Road showroom UAE, April 27, 2019 – Revolutions Accessories LLC, a subsidiary of Al Masaood Group and authorized distributor of Ducati motorcycles in the UAE, has unveiled the new Ducati Panigale V4 R at an exclusive event that took place recently at the Ducati Showroom on Sheikh Zayed Road. Developed to elicit a symphony of emotions, the new superbike transforms the concept of performance: in addition to acceleration, braking ability and being able to set best lap times; the safety and ease…

Brazil’s exports to Arab region hit USD 3.15 billion mark in Q1 2019

Total exports to Arab countries at 11.5 million tons of goods combined April 27, 2019– Brazil’s exports to the Arab region grew to USD 3.15 billion during the first quarter of 2019, up from USD 2.75 billion recorded during the same period last year, according to the latest figures released by the Arab-Brazilian Chamber of Commerce (ABCC). The total exports to the Arab countries reached 11.5 million tons combined during the first three months of the year, a major jump from 9.1 million tons recorded during the same months in…