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Nothing is Impossible for the UAE

It seems there is nothing the UAE leadership cannot achieve. In the words of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, establishment of the Federation was a challenge in itself. His Highness said: “Nothing is impossible for our nation”. The UAE’s development model is based on overcoming challenges and has the determination to grab a leading place in the world. Founder of the UAE, the Late Sheikh Zayed bin Sultan Al Nahyan, who stands out in modern Arab history as an achiever …

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DUBAI VOLA E TRASCINA IL MADE IN ITALY: L’ITALIA ENTRA NELLA TOP TEN DEGLI SCAMBI COMMERCIALI DEGLI EMIRATI ARABI UNITI NELL’ANNO DI EXPO

22 Novembre 2021 – Sempre più intensi e in crescita gli scambi commerciali tra Italia ed Emirati Arabi Uniti. La conferma viene dai dati rilasciati in questi giorni dal Ministero per il Commercio Estero EAU.    Il total trade ha raggiunto nei primi 9 mesi del 2021 i 19,2 miliardi di Dhiram (4,5 miliardi di euro), 56% rispetto al 2020. Una performance in linea con quella registrata tra il 2021 e il 2019 che ha visto una progressione del 37%. L’Italia entra quindi nella top ten degli scambi commerciali degli Emirati Arabi Uniti. Un risultato raggiunto nell’anno …

DUBAI VOLA E TRASCINA IL MADE IN ITALY: L’ITALIA ENTRA NELLA TOP TEN DEGLI SCAMBI COMMERCIALI DEGLI EMIRATI ARABI UNITI NELL’ANNO DI EXPO Read More »

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Dubai Rides Growth Wave as Winter Lockdowns Hit Europe

Tables at Gaia, one of the hottest dining spots in Dubai, are booked two weeks in advance and the crush of businesspeople emerging from surrounding offices keeps staff on their toes.  “Every day feels like a Friday” said Evgeny Kuzin, chairman and co-founder of Bulldozer Group, which owns and runs several restaurants including Gaia. They’ve been hiring staff to keep up with renewed demand.   As infection rates in Europe explode and governments tighten restrictions once more, Dubai’s economy is rebounding faster than expected. Property sales are at decade highs, and streets so choked with …

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UAE named world’s safest country to walk at night in new global index

The Emirates also named second behind Norway in Gallup’s Law and Order index People feel safer while walking at night in the UAE than anywhere else in the world, an international survey has found. According to Gallup’s Global Law and Order 2021 report, the Emirates scored 95 per cent when it came to feeling safe about walking alone at night. Norway was second on the index, with 93 per cent. In the highest law and order index, the Emirates came second with a score of 93 points. Norway was ranked as the top country with 94 points. “If a woman …

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UAE to host global climate summit COP 28 in 2023

Nation calls for bolder ‘anticipatory action’ to tackle global environmental challenges The UN Framework Convention on Climate Change (UNFCCC) has officially announced that the UAE will host the 28th Conference of the Parties (COP28) in 2023. The UNFCCC confirmation followed unanimous endorsement by the Asia Pacific Group of nations during COP26, where nearly 200 countries have gathered to take concerted action to cap global greenhouse gas emissions and unite against climate change. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said: “We are pleased and honoured by the UNFCCC decision …

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Sheikh Mohammed merges Dubai’s economy and tourism departments

Helal Al Marri has been named as director general of Dubai’s Department of Economy and Tourism Two key government departments, Dubai Economy and Dubai Tourism, will now be merged under a single entity called Dubai’s Department of Economy and Tourism. A decision to this effect was issued on Saturday by Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai who is also the Vice President and Prime Minister of the UAE.-ADVERTISEMENT- Helal Al Marri, who was recently appointed as the head of the new board of directors of Dubai Financial Market, has now been …

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How investment in Expo 2020 will pay off for UAE economy, burnish Dubai brand

In return for the billions of dirhams spent on the event, UAE policymakers expect a long-term economic “legacy” After the pandemic-driven slowdown in global travel, trade and tourism, staging the expo at all is an achievement DUBAI: The UAE will take global center stage for the next six months — the duration of Expo 2020 Dubai, the extravaganza of business, technology, connectivity, and sheer showbiz that will finally get underway at a lavish opening ceremony on Thursday. There is no doubt the expo will raise the profile of Dubai and the UAE while it is …

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Dubai Supreme Council of Energy launches Circular Economy Committee

UAE accelerating its transition to becoming a green economy and increasing the share of clean and renewable energy sources The Dubai Supreme Council of Energy (DSCE) launched the Circular Economy Committee, which will bring public and private entities together and develop actionable initiatives to boost current applications and introduce best international practices. A circular economy is an economic system that focuses on reducing the extraction of natural resources, minimising waste and regenerate natural systems. Raw materials, components and products keep their value for as long as possible, while renewable energy sources are used in a circular economy. Last week, …

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UAE business activity quickens as Dubai Expo spurs tourism

Significant expansion in non-oil private sector driven by a faster increase in output and new orders Business activity in the United Arab Emirates rose to the highest level in more than two years last month, helped in part by an influx of tourists drawn to Expo 2020 Dubai. A Purchasing Managers’ Index compiled by IHS Markit rose to 55.7 in October from 53.3 in September, above the 50-mark separating growth from contraction and signalling a significant expansion in the Gulf country’s non-oil private sector. The increase was driven by a faster increase in output and new orders. …

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Expo 2020 Dubai welcomes over 2.3m visitors in first month

Expo has counted 185 nationalities through its gates, led by India, Germany, France, Saudi Arabia and the UK Expo 2020 Dubai organisers have hailed the first month of the event as a “huge success”, announcing more than 2.3 million visits. So far, 28 percent of visits were made by people under 18 years old, but this figure is expected to grow as the Expo School Programme expands during the cooler months ahead. Taking a global overview, 17 percent of the total visits came from overseas, despite many countries still operating pandemic travel restrictions. Expo has …

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Dubai all set to host the biggest ever ‘futuristic airshow’

Dubai is all set to host the biggest ever airshow this month as travel restrictions ease around the world and the aviation industry recovers from a turbulent spell brought about by the pandemic. The five-day event will attract over 1,200 exhibitors from 148 countries at the Dubai World Central from November 14 to 18, 2021. In addition, more than 160 aircraft from leading manufacturers and airlines will be on static display while 80-plus startups and 20 country pavilions, including five new participants namely Brazil, Belgium, Czech Republic, Slovakia, and Israel will also be a part …

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UAE breaks through Western dominance among ‘World’s Strongest Nation Brands’

Country ranked 11th in ‘Brand Finance Nation Brands 2021’ during its Golden Jubilee year Dubai: The UAE has been named the world’s ‘11th strongest nation brand’, above the US, UK, and a number of other countries, in the latest ‘Brand Finance Nation Brands 2021’ report released on Tuesday. Ending the Western monopoly at the top of the brand strength ranking – along with Singapore in fourth position – the UAE has climbed three spots since last year following a 2.5-point increase in its Brand Strength Index (BSI) score to 79.1 out of 100. How the …

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2020 Expo Dubai in six pavilions

In the context of a broad-themed Expo, some architectures are there to tell us stories of circular economy, global designers and critical interpretations of the contemporary. Articulated into three thematic districts, Opportunity, Mobility and Sustainability, this is Expo 2020 Dubai, more than any other thing. A juxtaposition of architectural objects on a scale that we can define as urban, beyond any doubt. There are 192 pavilions hosting as many countries, about 30 special pavilions including 3 thematic ones, surrounding a monumental steel dome, a 13-meter high water feature and two parks, on a 438-hectare site.  Such polyphony is composed of …

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Business confidence in Dubai boosted by expo effect

Figures revealed by IHS Markit show Dubai’s non-oil private sector grew for a tenth-straight month Business confidence in Dubai is at its third highest level in 10 years, according to the latest survey from Dubai Chamber, as companies in the emirate begin to feel the positive impact of the World Expo. According to the findings of the Chamber’s quarterly Business Leaders’ Outlook Survey, 76 percent of respondents noted improved business confidence in the fourth quarter of 2021, compared to 66 percent in the third quarter and 48 percent in the second. Hamad Buamim, president and …

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UAE will invest Dh600b in clean and renewable energy by 2050: Sheikh Mohammed

Sheikh Mohammed bin Rashid announces UAE’s goal to achieve carbon neutrality Dubai: The UAE will invest euro 141 billion in clean and renewable energy by 2050 in commitment to engaging in the global fight against climate change and reducing carbon footprint. The UAE has set its goal to achieve carbon neutrality by 2050, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said on Thursday. “Today, the UAE announced its goal to achieve carbon neutrality by 2050. Our development model will consider this goal, and …

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UAE sets sights on Venus with new five-year space mission

Sheikh Mohammed bin Rashid says seven asteroids will also be explored The UAE’s next space mission will set its sights on Venus, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has said. As part of the country’s 50 projects announcement, seven asteroids will also be explored, he said. The mission is scheduled to launch in 2028, with the primary goal of exploring the asteroid belt between Mars and Jupiter. This is where most meteorites that impact earth are found. “Today, the UAE launched, among the 50 projects, a new space mission to explore planet Venus and seven other …

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Apre Expo Dubai 2020: è una grandiosa opportunità per il rilancio del Made in Italy

EFG Consulting sarà presente all’apertura di EXPO DUBAI 2020, che dal primo ottobre 2021 al 31 marzo 2022 intende creare stupore e meraviglia nei suoi visitatori. Expo 2020 Dubai sarà la prima esposizione universale dell’area ME.NA.SA (Medio Oriente, Nord Africa e Asia meridionale) che a causa della pandemia da Covid-19 è stata rinviata di un anno, arrivando a coincidere con il Giubileo d’oro degli Emirati Arabi Uniti, che prevede grandi festeggiamenti per i primi cinquant’anni della Nazione. Tema di Expo 2020 Dubai è “connecting Minds, creating the Future” ovvero ‘Collegare le menti, creare il futuro’, …

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Expo 2020 Dubai opens with awe-inspiring ceremony

Audience of millions, in Dubai and around the world, welcome the start of what has been billed as ‘The World’s Greatest Show’ Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, hailed “a new beginning” as Expo 2020 Dubai was officially declared open on Thursday night in a star-studded, awe-inspiring ceremony. It has been eight years since Dubai won the bid to host the World Expo, back in November 2013. An additional year may have passed due to the coronavirus pandemic-enforced postponement, but guests inside Al Wasl dome, and a global audience …

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The world gathers in Dubai for the grand opening of Expo 2020

After eight years of preparations, Dubai (United Arab Emirates) is lifting the curtains tonight on Expo 2020 Dubai, the first World Expo in the MEASA region. Leadership of the UAE and over 190 participating countries are gathering at the Expo site today for a spectacular opening ceremony, taking place at 7.30pm GST / 3.30pm UTC and live-streamed online and to more than 430 locations in the UAE. Featuring stunning visuals and live performances by over 900 local, regional and international artists, the opening ceremony will offer a dazzling experience to spectators both on site and around the world. …

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Expo 2020 Dubai to kick-off Theme Weeks with a call for climate action

Policymakers and businesses should work together to ‘tackle the biggest threats to our environment’, said exhibition’s chief of staff Beyond the daily shows and festivities, which are a central part of Dubai’s Expo 2020, the six-month-long exhibition is also an opportunity for global leaders, businesses and policymakers to come together and build a roadmap towards a brighter future. Opening its doors on October 1, Expo will launch its Theme Week series on Sunday with Biodiversity and Climate Week, a month ahead of United Nations’ Climate Change Conference (COP 26) in Glasgow. In association with the …

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Expo 2020, UAE government policies to drive country’s non-oil recovery

UAE’s non-oil GDP is predicted to grow by 3.8 percent this year and 4.1 percent next year, according to the latest report from ICAEW Expo 2020 Dubai, which throws its doors open to the world this week, is expected to boost recovery for the UAE’s non-oil economy, according to a new report commissioned by ICAEW. The six-month mega event has already encouraged economic activity, and alongside government initiatives, like the Dubai 2040 plan and Abu Dhabi’s cultural investment drive, the rest of 2021 looks promising, “due to expansionary government policies”, the analysis finds. “Expo 2020… has already …

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Sharjah set to showcase FDI potential at Expo 2020 Dubai

With less than ­­­­­­­­­­­­­ 8 days to go for the globally anticipated unveiling of Expo 2020 Dubai, Invest in Sharjah, has confirmed participation at the world’s biggest fair, which is taking place from October 1 to March 31, 2022. With a presence at the Business Connect Center on the Expo grounds, Invest in Sharjah will be hosting key discussions and specialised activities to promote the wide array of lucrative business and investment opportunities in Sharjah’s rapidly diversifying economy in the sectors of culture and tourism, mobility and logistics, health and wellbeing, greentech, human capital and …

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Dubai named world’s most resilient city by United Nations

Sheikh Hamdan bin Mohammed congratulates Dubai department heads after emirate wins international accolade Sheikh Hamdan bin Mohammed has praised Dubai’s enterprising vision for the future after it was named the world’s most resilient city by the United Nations. Dubai was ranked first globally for its resilience and recognised as a role model for sustainability by the United Nations Office for Disaster Risk Reduction. The Crown Prince of Dubai met heads of government departments whose efforts had helped secure the international accolade. Sheikh Hamdan said the vision of Sheikh Mohammed bin Rashid, Vice President and Ruler …

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Dubai economy set to grow 3.1% this year, accelerating to 3.4% in 2022

Dubai Crown Prince Sheikh Hamdan says emirate will be an ‘even bigger global destination for investment and talent’ in the coming years Dubai’s Department of Economic Development (DED) on Tuesday announced it expects the emirate to record a growth of 3.1 percent this year. Spurred by the hosting of Expo 2020, Dubai’s growth is projected to accelerate to 3.4 percent in 2022, it added. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum (pictured below), Dubai Crown Prince and chairman of The Executive Council of Dubai said: “The bright outlook for growth in the emirate has …

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Sheikh Mohammed sets up Dubai Authority for Economic Zones

Together, these three zones represent more than 5,000 companies Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued a law establishing the ‘Dubai Authority for Economic Zones’, which will include Dubai Silicon Oasis, Dubai Airport Free Zone and Dubai CommerCity. The authority, which includes 5,000 registered companies, will be chaired by Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman and CEO of Emirates Airline and Group. Dr. Mohammed Al Zarouni has been appointed CEO of the Authority. …

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