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New firm positions UAE in aluminum output New firm positions UAE in aluminum output(0)

Dubai Aluminium ‘s ( DUBAL ) formal merger with its Abu Dhabi counterpart Emirates Aluminium (EMAL) is a reflection of the UAE’s rise as a low-cost smelter destination at a time when high-cost players are slashing their output. CONTINUE READING

Dubai Expo sentiment spurs UAE banking sector Dubai Expo sentiment spurs UAE banking sector(0)

The UAE banking sector’s outlook has improved considerably over the past few quarters as a spate of new infrastructure and construction projects come on track and strong economic activity helped improve business sentiment in the country. CONTINUE READING

Åndrey / Foter / CC BY-NC-SA
Riyadh has highest disposable income in GCC Riyadh has highest disposable income in GCC(0)

Abu Dhabi, Dubai and Riyadh are the Middle East’s three richest cities, according to a new survey. CONTINUE READING

Bakar_88 / Foter / CC BY-NC-SA

 

Middle East’s ultra-rich population to swell 35% Middle East’s ultra-rich population to swell 35%(0)

Abu Dhabi, Beirut and Dubai will see the fastest growth in the population of ultra high net worth individuals (UHNWI) over the next decade, according to real estate consultancy Knight Frank’s The World Wealth Report. CONTINUE READING

www.thameralhassan.com Thamer Al-Hassan / Foter / CC BY-NC-SA
Access to education a challenge in Arab world Access to education a challenge in Arab world(0)

More than 8.5 million children in the Arab world remain out of school, presenting a huge socio-economic challenge for regional authorities. CONTINUE READING

D’Arcy Vallance / Foter / CC BY-NC-ND
UAE eyes 65% rise in GDP per capita by 2021 UAE eyes 65% rise in GDP per capita by 2021(0)

If further proof was ever needed that the UAE’s confidence was well and truly back, it came with the UAE prime minister Sheikh Mohammed bin Rashid Al Maktoum ‘s new goal that the country’s GDP per capita would rise by 65% over the next seven years, just in time for the UAE’s 50th birthday. CONTINUE READING

World Economic Forum / Foter / CC BY-NC-SA
UAE gas reserves offer fresh fiscal hopes UAE gas reserves offer fresh fiscal hopes(0)

Natural gas importer UAE is working on a number of projects that could boost the country’s natural gas production… CONTINUE READING

Minerals draw UAE, other investors to Guinea Minerals draw UAE, other investors to Guinea(0)

Guinea’s impoverished economy received a major boost in late November when Abu Dhabi’s Mubadala Development Company signed a deal with the government to build an alumina refinery, which is expected to attract an estimated USD 5 billion in foreign investment. CONTINUE READING

UAE banks get kudos for improved balance sheet UAE banks get kudos for improved balance sheet(0)

The UAE’s banking sector’s solid performance over the past few quarters has earned the praise of ratings agency. CONTINUE READING

lloydi / Foter.com / CC BY-NC-SA
World Bank names MENA’s best places to do business World Bank names MENA’s best places to do business(0)

United Arab Emirates and Saudi Arabia emerged as the best countries in the Middle East and North Africa region to do business in. CONTINUE READING

 

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AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues. It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.

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