International drug companies avoid manufacturing, research in Middle East
GCC prescription drugs account for 89% of Middle East pharmaceutical sales
Life sciences market expects limited growth in 2014
According to a new Deloitte report, current...
UAE’s Special Industrial Zones Vital Incubators for Innovation
The UAE is headed towards an exciting new phase of sustainable economic growth – one that is driven by an enhanced, technologically advanced and...
Abu Dhabi debuts at international defense and security exhibition in Paris
Abu Dhabi's Tawazun is joining hundreds of politics and military decision-makers, manufacturers and contractors at the biennial international land and airland defense and security...
Emirates Industrial Bank approves AED 274 in funds for 27 projects
Emirates Industrial Bank (EIB) has approved a total of AED 274.5 million in funds for 27 different industrial projects.
The meeting was chaired by H.E...
Five new hypermarkets to be build across Dubai
Nakheel has announced the creation of HyperCorp LLC - a joint venture company with the Auchan group, one of the world's largest food retailing...
Growing UAE Health Awareness – Big Business for Manufacturers
55% believe they are overweight, and 63% are trying to lose weight.
83% say they are willing to pay a premium for foods with healthy...
UAE Boat to Population Ratio at a Low of 1 to...
Boating industry sees 30% dip in sales; UAE well positioned to become boating destination
Through the financial crisis that swept over the global economy,...
SAE to run special camps to foster creativity during Ramadan
A fun learning experience to keep students passionate about creative media and develop their skills
the world’s leading educator in creative media industries will host...
Nestlé officially inaugurates its AED 500 million manufacturing facility in TechnoPark
World’s largest food and beverage company reinforces its commitment to the Middle East with a 515,000 sq ft facility that will serve Nestlé markets...
DP World FZE has sold 25% of its shares in DP...
DP World FZE has today sold 25% of its shares in DP World Gold Port Limited, the sole shareholder of the holder of the...
Amazon to Challenge Hollywood’s Film Production Houses in Cinemas
Amazon delivered a strong message to the exhibitor industry on its movie distribution plans during a presentation this week at CinemaCon.
"All films will be...
Shaw Selected to Provide Project Management Consultancy Services for Base Oils...
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a contract by Abu Dhabi Oil Refining Company (Takreer) to provide project...
Fastest Growing Industries for Small Business in 2014
Although it is predicted that 2014 might offer businesses better opportunities, it will certainly not put an end to the present difficulties. Despite that,...
Gold industry experts gather to mark sixth anniversary of Dubai Gold...
DMCCA-led division leads discussion on new opportunities in gold trade
Over 35 experts from the Dubai gold industry recently gathered together to mark...
Cupcakes industry booming in Dubai
Cupcakes are fast becoming very fashionable in Dubai. Recent trends in food habits have pointed to the development of a cupcake craze. While cupcake...
Gulf investment corporation expands investments in Iron & Steel industry in...
Gulf United Steel Holding Company (“Foulath”), a leading global steel investment vehicle and the world’s first fully integrated steel producer, today announced the acquisition...
The Business of Drilling the Wells
Drilling for water, oil or natural gas is a complicated and expensive business, risky and competitive. The right equipment and people essential for the...
Top 10 dying industries
Even as the world slowly limps back from economic depression, some industries are unlikely to fully recover. Market observers say that although the worse...