Sector turnover is expected to reach USD 313.2 billion within four years. Growth will be driven by expansion of the economy and the population, as well as tourism.
Author: From the Newsroom
The Gulf country kicked off its Sahim project this Wednesday. The goal is to promote the use of clean energies. Presently, 96% of all electricity in the country is gas-based.
An index from the First Abu Dhabi Bank shows that the outlook of major investors in the United Arab Emirates has improved this month. Tourism and a stable currency are fueling their optimism.
Drought in the Arab country will affect economic growth in 2017, according to the International Monetary Fund (IMF). Inflation is poised to exceed 3%.
Exports outweighed imports again in the third week of May. Average daily exports increased by 3.3%, with imports going up 0.4%.
Registrations for the Zayed Future Energy Prize are open until July 6. The prize has five categories, from high school to large corporations. Total prizes reach USD 4 million.
Bookstore Livraria da Vila is organizing, for next Tuesday (23), a meeting on the current situation of people living as refugees in Brazil.
Since its inception, the African Development Bank has granted USD 845 million in loans to the Arab country, the bulk of which went to industry.
The ambassador of the United Arab Emirates, Hafsa Abdulla Mohamed Sharif Al Ulama, met with the Brazilian minister of Industry, Foreign Trade and Services Marcos Pereira in Brasília.
Restoration work is now entering its second stage at the Imperial Theater in France’s Palace of Fontainebleau, which has been renamed as Theater Sheikh Khalifa bin Zayed Al Nahyan.
Consumer confidence index declined 4.1% last month over March, According to the National Confederation of Retail Managers (CNDL), the negative news coverage and rising unemployment impacted the results.
Beautyworld Middle East ended this Tuesday in Dubai. The trade show featured 42 Brazilian companies via an industry project. The Arab Brazilian Chamber partnered up for promotion.
The United Nations has issued a revised version of its early-year forecasts. World GDP growth expectation was kept the same, but the numbers for Latin America and Brazil worsened.
Featuring pictures by award-winning photographer Mauricio Lima, ‘Farida, a Syrian tale’ depicts refugees in flight across Europe. The showing will remain open at the Museum of Image and South until the 28th.
