Thursday 21 February 2019

Saudi Prince sees $100bn investment opportunity in India

Saudi Crown Prince Mohammed bin Salman said on Wednesday said he expected investment opportunities worth over $100 billion in India over the next two years in key sectors such as agriculture, technology and tourism. The kingdom signed five agreements - including an MoU with regar


DIFC Courts sees case values top $2.7bn in 2018

The total value of cases brought to the Dubai International Financial Centre (DIFC) Courts during 2018, including arbitration-related cases, amounted to Dh10.2 billion  ($2.77 billion) up from Dh400 million in the previous year, primarily driven by two high profile transnational disputes.


Innovation festival Unbound returns to Bahrain

World-renowned innovation festival Unbound will return to Bahrain on March 6 and 7 to showcase some of the most inventive brands, start-ups, and government initiatives seen in Bahrain and across the Middle East and North Africa (MENA).    Expecting to doubl


Raytheon Emirates opens new HQ in Abu Dhabi

Raytheon Emirates, a wholly owned subsidiary of US-based Raytheon Company, has opened its headquarters in Al Maqam Tower at Abu Dhabi Global Market Square, a media report said. The new facility will help Raytheon Emirates develop human capital, industrial partnerships and new tec


4IR could spur agri production in GCC: report

GCC countries have the ability to harness the technological advances of the Fourth Industrial Revolution (4IR) to boost agricultural production, with the UAE leading the way, said a whitepaper published by Dubai Industrial Park (DI). The report titled ‘Global Food Trends to


Saudi Crown Prince on landmark India visit

India has officially announced the programme for the two-day visit of Prince Mohammed bin Salman, Crown Prince of Saudi Arabia, Deputy Prime Minister and Minister of Defence, starting from Tuesday (February 18). During the forthcoming visit, the Crown Prince will call on the Pres


22 US dairy firms take part in Gulfood

A total of 22 US companies are representing a broad swath of US dairy resources at the ongoing Gulfood, the world's largest annual food, beverage and hospitality exhibition in Dubai, UAE. The event runs until February 21 at Dubai World Trade Centre. The Middle


DMCC opens centre to boost coffee trade via Dubai

DMCC (Dubai Multi Commodities Centre) – the Government of Dubai Authority on commodities trade and enterprise – has inaugurated the ‘DMCC Coffee Centre’, a state-of-the-art 7,500-sq-m temperature-controlled facility. The centre, the first of its kind in th


UAE investment in US at $100 billion: minister

Total UAE investment in the US has reached $100 billion, Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, during a dinner hosted by the US-UAE Business Council in Abu Dhabi, was quoted as saying in a media report said. Al Bowardi talked about UAE-US holistic


120 countries take part in Gulfood

Scores of government delegations, trade ministers and tens of thousands of food industry professionals have descended in Dubai for the 24th edition of Gulfood, which opens at Dubai World Trade Centre (DWTC) today (February 17).    Running until February 21,

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