The spending of ultra-high-net-worth individuals (UHNWIs) on luxury goods is set to increase globally this year, said a survey.
The Wealth Report’s Attitudes Survey found that over a third of the wealth advisors expected the
Railway construction projects worth $194 billion are currently planned or underway in the GCC and is set to transform life and work in the region in the next decade, said a report.
About $30 billion of major rail project contracts
Russian oil company Lukoil could gain reserves worth up to $7 billion if it manages to revive a Saddam-era Iraqi oil deal, analysts at JP Morgan said.
The Russian government has called on Iraq to support Russian oil and gas investments th
The Emirates’ industrial sector has made huge strides over the past four years and was worth Dh73 billion ($19.9 billion) by end of 2007, said UAE's minister of state for finance & industry.
Addressing the Dubai Industrial Investm
The facilities management (FM) market in the Gulf will be worth an estimated $892 billion over the next 25 years, according to a study.
The figures released by Middle East Strategy Advisors (Mesa) show that the FM industry in the UAE alone
GE Healthcare, the $17 billion healthcare business of General Electric Company (GE), has combined the Eastern and Africa growth markets (EAGM) region into a single International Diagnostic Imaging operation and appointed its new chief.
Foreign investors (non-UAE nationals) bought shares and bonds worth Dh6.505 billion ($1.7 billion) during last week, Dubai Financial Market (DFM) has said.
The week (January 20-24) saw foreigners snapping up 32.8 per cent of the total