Tag: mideast

  • Smart Stores Exhibition

    Smart Stores Exhibition

    Start Date: 04 September 2018 End Date: 06 September 2018 After receiving an overwhelming response and support from exhibitors and visitors, Smart Stores Expo is back with a second edition in 2018. This time, the show will have its presence in Dubai! The Smart Stores Expo has been conceptualised to integrate the growing retail market […]

  • UAE ready to take on greater security burden in Mideast

    UAE ready to take on greater security burden in Mideast

    The UAE is ready to deploy more troops across the Middle East to counter its foes as it believes it can no longer rely on Western allies like the United States and Britain, UAE Minister of State for Foreign Affairs Anwar Gargash said on Thursday. “In this current international system, it is no longer ‘write […]

  • Mideast oil demand to expand by 50tb/d in 2018: Opec

    Mideast oil demand to expand by 50tb/d in 2018: Opec

    The Middle East region’s oil demand is anticipated to expand by around 50 tb/d in 2018. In the Mideast, oil demand growth is expected to gain further strength in 2019 compared with the current year, with the estimations hovering around 90 tb/d of forecast oil demand growth, amid a strong rebound in economic activities. Opec’s […]

  • China to pledge $20bn in loans for Arab states’ economic reform

    China to pledge $20bn in loans for Arab states’ economic reform

    China is expected to allocate $20 billion in loans to Arab countries for economic development, President Xi Jinping told top Arab officials on Tuesday. This pledge comes in line with Beijing’s plans to build its influence in the Middle East and Africa, French news agency AFP reported. China will earmark this amount for “projects that will […]

  • Qatar stops goods imports from blockading states

    Qatar stops goods imports from blockading states

    Qatar’s ministry of economy ordered shops not to offer products imported from Saudi Arabia, the UAE, Bahrain and Egypt, according to a circular sent on Saturday. The world’s richest country per capita decided to stop using goods from these countries days before the first anniversary of the Gulf rift brew in June 2017. “The rift […]

  • Saudi National Security & Risk Prevention Expo set

    Saudi National Security & Risk Prevention Expo set

    Start Date: 04 November 2018 End Date: 06 November 2018   THE Higher Organizing Committee of the “Saudi National Security & Risk Prevention Expo” along with Reed Sunaidi Exhibitions supported by Reed Exhibitions Middle East, organized the first workshop in the Meet-Up series to prepare the future program and features of the upcoming event, which […]

  • Middle East M&A deals adapting ‘new normal’ – PwC Middle East

    Middle East M&A deals adapting ‘new normal’ – PwC Middle East

    Deal volumes shrank over the past two years, with some positive signs of activity picking up with expectations to gain momentum towards the end of 2018 and early 2019 as the Middle East market begins to embrace the “new normal”, according to PwC Middle East’s new report “TransAct ME – Deals trends and outlook for […]

  • Mideast construction market to hit $336bn by 2020

    Mideast construction market to hit $336bn by 2020

    It is expected that construction market in the Middle East and North Africa (MENA) will hit $336 billion by 2020 compared to $235 billion in 2016, BMI Research said on Sunday in a report. While the 19th edition of Hardware + Tools Middle East, the region’s only dedicated trade fair for tools, hardware, materials, and machinery, […]

  • AI to contribute $320bn Mideast GDP by 2030

    AI to contribute $320bn Mideast GDP by 2030

    Artificial Intelligence (AI) will contribute $320 billion to the Middle East economy by 2030 – the equivalent to 11 per cent of GDP, according to a new report from PwC, a global provider of assurance, advisory and tax services. The PwC research outlines that there are greater, untapped opportunities that could increase the impact of […]

  • BinGhatti Hospitality to invest over AED500m in GCC

    BinGhatti Hospitality to invest over AED500m in GCC

    BinGhatti Hospitality, the investment army of BinGhatti Holding, on Monday announced that it plans to expand its hospitality service across the GCC and Middle East, in addition to developing and managing hotels. The Dubai-based group has entered the food and beverage (F&B) sector in the UAE’s market through establishing three new brands as part of […]