Tuesday 28 November 2023

0

INVESTORS KEEN ON TRANSITION
UAE 'can raise $40bn for climate investment'

Some $40 billion of retail investor capital can be mobilised towards climate investments in the UAE by 2030, says Standard Chartered’s latest Sustainable Banking Report.

more…

1

2.5% GDP GROWTH FORECAST
Slower, fragmented growth seen in 2024: report

Global GDP growth is seen at 2.5% in 2024 and growth in developed markets (DM) will average 0.7% versus 3.6% in Emerging Markets (EM) amid the prospects of a slow and fragmented world economy.

more…

2

NEW MASTER PLAN UNVEILED
Dubai to become the ‘world’s most cycle friendly city’

URB, a leader in developing sustainable cities, has unveiled a new cycling master plan that will build Dubai into the world’s most bike friendly city by 2040, surpassing Amsterdam and Copenhagen. The plan envisions various types of cycling infrastructure.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Foster + Partners wins contest to design new Abha airport terminal

Foster + Partners has won a global competition to design a new terminal for Abha Airport in Saudi Arabia. The winning design reinvents the terminal as a series of interconnected human-scale clusters, green outdoor courtyards and also walkways.

More…
Retail & Wholesale

SCCI's Emirate-wide retail festival to begin December 15

The Sharjah Chamber of Commerce and Industry (SCCI) has officially announced the launch of Sharjah Shopping Promotions 2023, a stand-out promotional and entertainment event and one of the most prominent festivals on Sharjah’s annual retail calendar.

More…
Finance & Capital Market

GCC lending sees marginal impact of higher interest rates

The GCC banking sector witnessed the initial impact of higher lending rates during Q3-2023 as credit facilities reported by listed banks in three out of six countries in the region declined as compared to Q2-2023, says Kamco Invest.

More…
Analysis, Interviews, Opinions

Six predictions show how AI will transform the future of work

Desk workers estimate generative AI will save them five hours per week. This presents an exciting new opportunity for companies; tapping into their teams’ creativity, strategic thinking, and innovation like never before. Here's what the experts say.

More…
Industry, Logistics & Shipping

$21bn projects underway in Saudi northern border region

Saudi Arabia's northern border region offers numerous investment opportunities in competitive sectors and the ongoing projects in the area exceed SAR80 billion ($21.33 billion), said Minister of Investment, Engineer Khalid bin Abdulaziz Al-Falih.

More…
Travel, Tourism & Hospitality

flynas becomes first Mideast low-cost carrier to join UNWTO

Saudi airline flynas has joined the United Nations World Tourism Organization (UNWTO) as an affiliate member, thus becoming the first low-cost carrier in the Middle East to do so and enhancing the key LCC role to contribute to sustainable global tourism.

More…
Lifestyle

Al Habtoor unveils luxury residences, sky villas in Dubai

Al Habtoor Group has announced the official launch of its Ultra Residences & Sky Villas at Al Habtoor Tower in Dubai. These villas, located at a height of 300 m, boast 16 units that offer luxurious features such as private pools and large terraces.

More…
Motoring

Verstappen continues winning streak

The RB19 of Max Verstappen triumphed in the milestone 15th edition of the Formula 1 Etihad Airways Abu Dhabi Grand Prix at Yas Marina Circuit, continuing his dominant form in the F1 2023 season finale in front of a sell-out crowd.

More…
Health & Environment

World’s largest youth climate conference opens

The most extensive youth conference dedicated to multilateral UN climate processes, which kicked off, aims to foster global youth engagement and discourse on critical climate issues.

More…
Media & Promotion

Hamas-Israel truce extended for two more days, says report

A deal had been reached to extend a truce between Israeli and Hamas forces in Gaza by two days, thus continuing a pause in seven weeks of warfare that has killed thousands and laid waste to Palestinian enclave, said media reports, citing Qatar officials.

More…
Education, HR & Training

Les Roches to open new Abu Dhabi hospitality academy in 2024

DCT Abu Dhabi has announced the setting up of a new hospitality education academy in the emirate which is set to officially open in September 2024. The academy will be managed by Les Roches, a renowned global hospitality institution based in Switzerland.

More…
Miscellaneous

Food consumption in the GCC ‘to grow at a steady pace’

Food consumption in the region will grow at a CAGR of 2.8% to reach 56.2 million MT by 2027, says UAE-based investment banking advisory firm, Alpen Capital in its latest GCC Food Industry report.

More…
Live rates widget is provided by DailyForex.com - Forex Reviews and News

calendarCalendar of Events

Weather

MANAMA WEATHER
ABU DHABI WEATHER
DUBAI WEATHER
RIYADH WEATHER
OMAN WEATHER
KUWAIT WEATHER
QATAR WEATHER

Trade Arabia on Twitter


TradeArabia on Facebook