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Saudi Arabia is Dubai's top GCC destination for non-oil trade
Dubai: Saudi Arabia accounted for 45 per cent of Dubai’s total trade in the region in 2015, the Dubai Chamber of Commerce and Industry said in a report on Monday.   The kingdom’s trade with Dubai is “witnessing [a] higher pacRead More...
AFRICA BUSINESS- Ethiopia to expand tiny car assembly business in industrial drive
Ethiopia has grand ambitions for its tiny auto industry, seeking to transform a handful of assemblers that bolt together imported kits into a network of factories that can make the country Africa's biggest car manufacturer over the next two decades. Read More...
Why solar, wind techology costs will drop by 2025
The average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent, respectively, by 2025, according to a report released by the International Renewable Energy Agency, or Irena.   The reportRead More...
Qatar plans zones with tax incentives to lure overseas investors
Qatar is seeking to draw in more foreign investors and cut its dependence on gas revenues by setting up special economic zones that will allow for 100 per cent overseas ownership.   The world’s top LNG exporter is one of the richest counRead More...
Kenya may offer tea futures contracts, a world first
Kenya, the world's biggest exporter of black tea, is considering introducing the world's first futures contracts for the leaves to help stabilise prices and enable growers to guarantee income from their production.   INTL FCStone, based in NRead More...
Germany, China eye joint business efforts in Africa, Asia
SHENYANG, CHINA (REUTERS) - Germany and China plan to pursue business opportunities in Africa and Asia together, German government and industry sources said this week during German Chancellor Angela Merkel's ninth visit to China.   They cited Read More...
GTA Middle East, Dubai Tourism launch new summer campaign
Global travel distributor GTA Middle East has announced a strategic collaboration with the Dubai Corporation of Tourism & Commerce Marketing for a new Destination Dubai Summer Campaign. The campaign has been launched with an objective to rapidlyRead More...
India helping create business hubs in Africa through development partnership
Half a century into its technical outreach to the least developed and developing nations, India is helping create hubs of small and medium industries in some of the African countries to enable job generation and add value to their exports.The gradualRead More...
Dubai Chamber workshop focuses on trade credit management solutions
As part of its Business Beyond Borders Series launched earlier this year, the Dubai Chamber of Commerce and Industry in cooperation with Coface and NGI organised a workshop on Trade Credit Management Solutions, at the Chamber premises recently. BoRead More...
Indian subcontinent tops passenger growth at Dubai airport
The Indian subcontinent outperformed all regions in terms of growth in passenger numbers at Dubai International Airport, the world's busiest airport for international travel, with more than 16 lakh passengers. The airport welcomed more than 6.9 Read More...
Dubai Chamber evaluates business and innovation award applications
Dubai Chamber of Commerce and Industry has commenced the evaluation of applications for both the Mohammed Bin Rashid Al Maktoum Business Award and the newly launched first edition of the Mohammed Bin Rashid Al Maktoum Business Innovation Award, it waRead More...
Macons Offers World-Class Construction Equipment for Road Projects
Ahmedabad-based Macons, which started operations in 2000, is considered a leading manufacturer of construction equipment in India. The company has a strong focus on R&D as it is committed to develop high-end technology products that can meet the Read More...
India targets Rs. 25 lakh-cr for port sector
Close on the heels of inking tripartite agreement to build port project in Chabahar in Iran, the Indian government is all set to sign a similar agreement with Bangladesh, which has already expressed its willingness for the project and is currently inRead More...
'UAE one of the most innovative countries in five years, says Hamad Buamim
The Mohammed Bin Rashid Al Maktoum Business Innovation Award is aimed at enhancing the competitiveness of the emirate’s business sector to make the UAE one of the most innovative countries in the world in the next five years. This was sharRead More...
Kuwait National Assembly passes public tenders law
Kuwait’s National Assembly has unanimously passed in the first reading, a new public tenders law following the introduction of a number key amendments to the bill by the Financial Affairs Committee.   With regards to the construction indRead More...
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