A subcontractor not making it, a supplier failing to make a delivery, equipment breaking down, and key personnel falling ill — any of these and more can make construction slow to a crawl. Construction projects being what they are, delays lead to increased costs due to crashing and penalties or to increased exposure due to fast-tracking. Furthermore, when you use both project optimization techniques in combination, you […]
DUBAI, UAE – Media OutReach – 23 February 2022 – The Jewellery World Awards (JWA) unveiled the Recipients during a gala dinner and awards ceremony at the Jewellery, Gem & Technology Dubai (JGT Dubai). Organised by Informa Markets Jewellery (IMJ), JWA is the only business awards programme for the international jewellery industry covering the whole supply chain from mines to market. Navrattan Kothari (fourth from right) Recipient […]
Arabian Post Staff Dubai International (DXB) continues to be the world’s busiest airport by international passenger numbers for the eighth consecutive year after clocking 29.1 million in annual traffic in 2021. DXB’s annual traffic exceeded forecasts for the year by more than half a million passengers, on the back of a strong last quarter. Paul Griffiths, CEO of Dubai Airports, described an eventful year which, despite the […]
DUBAI, UAE – Media OutReach – 18 February 2022 – Regarded as the first business awards that honours individuals and companies from the Middle East’s rapidly growing jewellery and gemstone trade, JWA Dubai 2022 has teamed up with an esteemed lineup of sponsors for its inaugural run. Among them are Official Partner Dubai Multi Commodities Centre (DMCC), Title Sponsors Chow Tai Fook Jewellery Group and Jawhara Jewellery, and Logistics Partner Ferrari […]
By Suraj Tiwari The pandemic has shifted the travel process, and it’s brought the airport experience to the forefront. With travel restrictions easing globally, border control authorities are likely to spend more time scrutinising travellers’ records, given the added need to review health credentials and vaccination statuses. While biometric identity management systems have helped improve this situation to some extent by enabling officials at border gates to […]
The partnership comes on the back of discussions to support micro-businesses and freelancers in Singapore to grow their brands on platforms like TikTok SINGAPORE – Media OutReach – 16 February 2022 – NTUC LearningHub (NTUC LHUB), Singapore’s leading Continuing Education and Training provider, and TikTok, the leading destination for short-form mobile video, signed a Memorandum of Understanding (MOU) today to officially launch their partnership to help 1,500 micro-businesses and freelancers […]
According to the U.S. Bureau of Labor Statistics, the median annual wage for computer and information technology or IT jobs in May 2020 was USD 91,250. This is more than twice the median yearly wage of USD 41,950 for all other occupations in the same period. This proves the stereotype: IT professionals indeed draw some of the highest salaries today. It is not limited to the United […]
By Matein Khalid The wicked witch of Wall Street waved her ursine broomstick over the global financial market in mid-November and all hell broke loose on the US equity indices. The Nasdaq was slammed by 18% at its recent 13,350 low and has broken its 200 day moving average and dozens of its high multiple components are down 30, 40 and even 50% from their highs. The […]
Arabian Post Staff Cognetivity Neurosciences Ltd. announced that it has reached a commercial agreement with Emirates Health Services (EHS) for the company’s Integrated Cognitive Assessment (ICA) technology to be deployed as a screening tool for cognitive impairment throughout the United Arab Emirates. Based in Dubai, EHS is the main federal provider of public healthcare services in the UAE. It functions as the operating arm of the country’s […]
Arabian Post Staff ADX-listed ADNOC Distribution today reported that its EBITDA stood at AED 3.1 billion, with net profit of AED2.2 billion for 2021. For the fourth quarter of 2021, EBITDA was AED802 million, while net profit stood at AED571 million. The company delivered a resilient financial performance throughout 2021, despite volatility caused by the COVID-19 pandemic. ADNOC Distribution has maintained a strong balance sheet as of […]
Atradius‘ latest economic report on the Middle East and North Africa (MENA) acknowledges the importance of the growth in oil prices for the energy-exporting economies of the region. However, it also notes the limits to growth presented by an underdeveloped private sector and the ongoing downside risks to the economic outlook caused by the pandemic. DUBAI, UAE – Media OutReach – 8 February 2022 – Rising oil prices are boosting economic […]
For decades demand for an alternative passport through participation in citizenship by investment (CBI) programs has been popular among families looking for the privilege of visa-free travel to various destinations. However, restrictions on mobility due to the coronavirus (Covid-19) pandemic have shifted much of the demand from CBI to demand for residency by investment (RBI). Priorities have changed as families are no longer solely looking for a […]
DUBAI, UAE – Media OutReach – 26 January 2022 – JWA Dubai 2022, a regional edition of the prestigious Jewellery World Awards (JWA), has released the highly anticipated list of Recipients for its inaugural run, honouring individuals and companies from Middle East’s rapidly growing jewellery and gemstone trade. “It is my honour to be part of the successful launch of JWA Dubai — an awards programme that […]
Due to its growing economy and constant blue skies, the United Arab Emirates is becoming one of the top regions for expats. The government’s efforts to ensure the UAE stays cosmopolitan has enabled businesses to continuously have a diverse range of employees across their workforce. Everyone can witness a change in the way freelancing is being seen in the UAE. Aaron Portero, managing director of Connect Group, […]
Lighthouse Canton was awarded Best Independent Wealth Manager for Investment Advisory and Wealth Planning Services at the Asian Private Banker Awards for Distinction 2021. SINGAPORE – Media OutReach – 21 January 2022 – Global investment institution Lighthouse Canton has been named the winner in two categories at the prestigious Asian Private Banker Awards for Distinction 2021. The two categories are “Best Independent Wealth Manager – Investment Advisory” and “Best Independent Wealth […]
The year 2022 is expected to welcome positive news for the EB-5 Immigrant Investor program, the golden visa equivalent for investment immigration to the United States. Through the EB-5 program, foreign nationals such as residents of the Middle East have the opportunity to obtain U.S. Green Cards for themselves and their qualifying family members with an investment of $500,000 in a new commercial enterprise in the United […]
Arabian Post Staff The Dubai Gold & Commodities Exchange (DGCX) recorded a total value of the contracts amounting to USD 149.676 billion. The best performing product in 2021 was its Indian Rupee Options (DINRO) Futures Contract, which traded up 1,233% year-on-year (Y-O-Y). As part of its broader cross-border collaboration efforts, the DGCX also signed landmark agreements with the S & Royal Group Mongolia to explore future business and trade opportunities, as well […]
Residential values in the world’s tallest building – The Burj Khalifa, have climbed 23%, according to analysis carried out by global property consultant Knight Frank to mark the 12th anniversary of Dubai’s iconic global landmark. At almost AED 2,100 per square foot, the Burj Khalifa falls squarely into the luxury category. Indeed, prices in the world’s tallest building rose by 23% last year, compared to a more modest […]
Dubai’s general budget for the fiscal cycle of 2022-2024, with a total expenditure of AED181 billion supports Dubai’s efforts to stimulate the macroeconomy and the objectives of the Dubai Strategic Plan 2030. The new general budget reflects the emirate’s determination to accelerate post-pandemic economic recovery and achieve the leadership’s broader goals to stimulate entrepreneurship, enhance society’s happiness and consolidate Dubai’s position as a land of opportunities and […]
