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Category: Business
The World Green Economy Summit (WGES) 2026 wrapped up recently at the Dubai World Trade Centre, spotlighting the United Arab Emirates’ commitment to advancing a sustainable green economy. This event gathered stakeholders from various sectors, including government officials, business leaders, and environmental advocates, to discuss the future of green initiatives and investments in the region....
The Sharjah Chamber of Commerce and Industry (SCCI) is actively working to identify and harness investment opportunities in Ethiopia, signifying a strategic move to enhance the trade relations between the UAE and African nations. This initiative reflects a growing trend of economic engagement that is expected to benefit local businesses in Sharjah looking to expand...
In a significant move toward enhancing bilateral trade, the United Arab Emirates (UAE) and Benin have officially entered into a trade agreement. The signing ceremony took place in Abu Dhabi, where UAE President Sheikh Mohamed bin Zayed Al Nahyan and Benin’s President Romuald Wadagni were present to witness this pivotal moment in their nations’ economic...
In a significant move towards bolstering its electricity infrastructure, Nigeria’s energy experts are calling on the Federal Government to actively seek financial investments from the United Arab Emirates. This initiative underscores a growing recognition of the UAE’s expertise and capacity in the energy sector, particularly in renewable and sustainable energy solutions. The current state of...
The specialty coffee market is on a trajectory of significant expansion, expected to rise from approximately USD 118.97 billion in 2026 to an impressive USD 188.19 billion by 2034, reflecting a compound annual growth rate (CAGR) of 5.90% during this period. This growth can be attributed to burgeoning consumer interest in high-quality, uniquely flavored coffees,...
The UAE is intensifying its investments in African mineral supply chains, particularly targeting the titanium sector. Recently, International Resources Holding, a company linked to Abu Dhabi, has set its sights on acquiring control over one of the most significant titanium-mineral deposits globally. This strategic maneuver is in line with the UAE’s broader ambition to diversify...
The facility management sector is poised for significant expansion in the coming years, with projections indicating a growth from $1.45 trillion in 2026 to $2.26 trillion by 2034. This upward trajectory represents a compound annual growth rate (CAGR) of 5.70% throughout the forecast period. This anticipated growth is attributed to a variety of factors, including...
A notable advancement for Afghanistan’s manufacturing sector has emerged as the Herat Battery Company successfully exported a shipment of batteries worth $2 million to Arab markets. This marks the fourth significant export from the company, indicating a sustained ability to penetrate regional markets. The battery shipment, produced by Green Energy Plus, signifies not only a...
The non-oil sectors in the UAE and Saudi Arabia are demonstrating robust growth, defying the backdrop of geopolitical tensions in the region, particularly the ongoing conflict in Iran. September witnessed UAE companies responding vigorously to rising input costs by increasing their selling prices at the most significant rate seen in 15 years, a signal of...
The landscape of Gulf family businesses is undergoing a significant shift as women are increasingly stepping into leadership roles, expected to drive generational change. This transition comes in response to contemporary challenges such as digital transformation and the integration of artificial intelligence into business practices. Traditionally, family-owned enterprises in the Gulf region have been male-dominated,...