December data highlighted a robust improvement in business conditions across Dubai’s private sector economy, underpinned by faster rates of output and new order growth. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index registered 55.9, up from 55.2 in November and the highest reading since July. The index has now posted above the 50.0 no-change mark for ten months running and the latest upturn was broad-based across the three key sectors monitored by the survey.
Travel & tourism remained the best performing sub-category in December (headline index at 56.9), followed by wholesale & retail (56.4). Nonetheless, construction firms recorded a positive shift [...]
Written by Emanuela Lertora
Over the last three months, KPMG has surveyed some of the UAE’s key decision makers, CEOs and leaders from top organizations and emerging businesses, across economic sectors, to better understand their views and strategies regarding current and future market opportunities and challenges. All CEOs involved in the study were confident that their organizations would grow over the next three years, with 60% of the CEOs confident that organic growth—such as expanding their customer base or entering into new business lines or geographies—would most effectively drive stakeholder value over the next three years.
KEY GROWTH GENERATORS FOR THE [...]
The 15 winners of the 9th Sheikh Hamdan bin Rashid Al Maktoum Award for Medical Sciences will be honoured by the patron of the award, H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and President of the Dubai Health Authority, on Wednesday, 14th December, in a ceremony to be held at the Dubai International Convention and Exhibition Centre.
Sheikhs, officials and representative of the healthcare sector will be in attendance.
The 9th Dubai International Conference for Medical Sciences will be organised from 14th to 16th December to coincide with the award ceremony.
The conference will focus on gastroenterology, and colon, [...]
The UAE’s non-oil private sector regained some growth momentum in November, thereby reversing the slowing trend seen in each of the prior three months. A robust expansion of new work was a key factor behind improving business conditions. Stronger demand also contributed to faster job creation and a marked rise in purchasing activity. Output also increased sharply, albeit at a slightly weaker pace than in October. On the price front, charges continued to fall in spite of higher purchasing costs. Some panellists indicated that they had offered discounts as part of sales initiatives.
The survey, sponsored by Emirates NBD and produced by IHS Markit, contains original data [...]
A delegation led by the Smart Dubai Office has returned to Dubai after a successful visit to Barcelona, Spain to showcase achievements in Dubai’s ongoing smart transformation during the annual Smart Cities Expo and World Congress there, and to share best practices from Dubai with the global audience.
“The Start Dubai delegation to the Smart Cities Expo has been an important milestone in our journey, and I am proud to congratulate all of our partners on a successful visit,” Her Excellency Dr. Aisha bin Bishr, Director General of the Smart Dubai Office, said.
The delegation of 14 strategic partners in Dubai’s smart transformation and the Smart Dubai Office represented the [...]
Written by Emanuela Lertora
The rise of healthcare costs in western countries and the lack of insurance coverage for certain procedures are currently boosting the global medical tourism sector. People are finding themselves willing to travel to other countries to seek medical, dental, and surgical care they can’t find or afford at home.
While Asian countries like Singapore, Thailand, and Malaysia have been popular medical tourism destinations for decades, a number of Middle Eastern nations are now becoming the go-to spots for quality, affordable healthcare. Medical tourism is said to [...]
Dubai Police, represented by the General Department of Smart Services, participates in the Sixth Annual World Exhibition and Conference for Smart Cities, from November 15 until November 17, 2016, in Barcelona, Spain.
The Exhibition is the first annual meeting of the leaders of smart cities. It is to witness the smart attainments and services, achieved by Dubai Police. Brigadier Khalid Naser Al-Razooqi, Director of General Department of Smart Services, headed the delegation.
Brigadier Al-Razooqi stated that this Exhibition includes participation of a wide range of Arab and International companies, in the field of electronic systems and smart services and it is an [...]
Dubai International has been voted for the second consecutive year as the world’s Best Airport for Layovers at the Conde Nast Traveller Readers’ Choice Awards Middle East at a ceremony in Dubai on Monday.
Dubai was the top choice among the three final nominees chosen in the category by readers of the luxury travel publication, the other two being Doha’s Hamad International Airport, and Singapore’s Changi International Airport.
Welcoming the honour as a validation of the renewed focus and efforts of Dubai Airports to enhance customer experience across Dubai International, Anita Mehra, Senior Vice President, Communication & Reputation said, “This recognition means a [...]