Corporate News

As a consequence of falling oil prices, diversification of the economy has remained a priority for governments across the Gulf Cooperation Council (GCC) in recent years. Throughout troubled economic times as well as during fiscal stability, spending on healthcare has continued to grow. The private sector has increasingly been considered …

https://www.youtube.com/watch?v=zxwFQ4OTCEo RAKEZ is one of the largest economic zones in the UAE, housing over 13,000 companies from entrepreneurs and startups to SMEs and manufacturers, covering over 50 industries from over 100 countries, currently serviced by RAK FTZ and RAKIA. Blessed with a strategic location, RAKEZ connects investors to growing markets …

Increasingly important role of UAE’s major theme parks in achieving tourist arrival targets for 2020 UAE Theme Park The UAE’s existing and new generation theme parks will attract more than 20 million admissions a year by 2020 if current trends continue. The prediction is made using existing admissions and arrivals …

ATM to return with dedicated Wellness & Spa Lounge as global spa market set to top US$120 billion by 2025MENA market research highlights the UAE as the region’s top performer with spa market value expected to top AED1.85 billion by 2020 Spa Market in UAE The global wellness industry grew …

Masafi, the only leading natural bottled water from underground water sources in the UAE, recently launched their new marketing campaign ‘Ask for Natural, Ask for Masafi’ in the UAE. The new creative campaign was filmed locally at the beautiful and exotic source of Masafi Water and UAE itself- to highlight …

Etihad Rail, the developer and operator of the UAE’s US$11 billion national railway network, today announced that it has transported more than 5.24 million tonnes of granulated sulphur in the first 18 months of Stage One operations for Abu Dhabi National Oil Company (ADNOC), from sources at Shah and Habshan …

Position of strength for regional food industry already operating in Islamic economies; Halal meat & poultry key drivers for growth   With the Muslim population currently standing at 1.6 billion and the second-largest worldwide, and with cultural strictures that demand the consumption of Halal-certified foods – particularly meat and poultry, opportunities for …

More than half of the GCC’s family businesses are in the midst of the transition from the second to third generation; and just around 15 per cent of those businesses are likely to survive it, according to the inaugural GCC-focused family business study conducted by Gulf Family Business Council (GFBC) …