Upcoming EventsDec13Tueall-day The Ras al Khaimah Finance & Inv... @ Rixos Bab Al BahrThe Ras al Khaimah Finance & Inv... @ Rixos Bab Al BahrDec 13 – Dec 14 all-dayThe Ras al Khaimah Finance & Investment Forum (RAKFIF), hosted Under the Patronage and with the presence of HH Sheikh Saud bin Saqr al Qasimi, Supreme Council Member and Ruler of Ras al Khaimah, is a two day international business investment … Continue reading →Feb6Monall-day Future Landscape & Public Realm UAE @ Abu Dhabi, UAEFuture Landscape & Public Realm UAE @ Abu Dhabi, UAEFeb 6 – Feb 7 all-dayFuture Landscape & Public Realm UAE will provide a unique platform for business professionals to discuss the latest challenges and opportunities covering the landscape and public realm industry in Abu Dhabi and the wider UAE, bringing together a broad spectrum … Continue reading →
The Knowledge Summit 2016 commenced yesterday, 5th December with a remarkable opening from H.E. Jamal bin Huwaireb (Managing Director of MBRF) who inaugurated the Summit with an opening address, in addition to announcing the results of the Arab Reading Index. The event has brought together Ministers of education from around the Arab World to discuss the role of reading in building a national identity.
New ultra long range trijet handed over to first Gulf customer
Dubai Police HQ, Emirates National Oil Company Limited (ENOC), Emirates Global Aluminium and John Crane Middle East, were announced winners at the symposium
Knowledge is the one thing that develops every society and nation, when knowledge is cherished and fed effectively in every sector of a nation, it redefines the impact and excellence of all activities. With the theme ‘Knowledge…. Present and Future’, the third Knowledge Summit will be held in Dubai – at the Grand Hyatt Hotel from the 5th to 7th of December. The event will look into diverse issues ranging from sustainable cities for the future, future foresights, and also focus on subjects related to youth, as they are tomorrow’s leaders. The 2016 Knowledge Summit is by courtesy of The Mohammed bin Rashid Al Maktoum Foundation (MBRF) – part of the Mohammed bin Rashid Al Maktoum Global Initiatives, and under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
- Economic return generated by built assets in the UAE has grown by 16% over the last two years
- Revenue from built assets will account for 50% of the UAE’s total GDP in 2016
- On a per-capita basis, the UAE secures a return of almost US$38,000 from its built assets
- By 2026 the total return from built assets is projected to rise by 33% to US$468bn
Investment in buildings and infrastructure is playing a key role in supporting the UAE’s economic diversification agenda, according to the ‘2016 Global Built Asset Performance Index’ released today by Arcadis, the leading global Design & Consultancy for natural and built assets.
Next edition to take place from 26 to 29 November 2017 at the DWTC
In less than 3 weeks Ras Al Khaimah’s Finance and Investment Forum will be held at the Rixos Bab Al Bahr, UAE under the patronage of the ruler of the Emirate and key stakeholders of the Emiarte – including Senior Executives from RAK Chamber of Commerce & Industry, RAK Ceramic, RAKIA, RAKTDA, Department for Civil Aviation, RAK Ports, Al Marjan, Al Hamra Group, RAK BANK, RAK Public Works, etc. This year, the event features officials of the Emirate to enlighten participants across the globe on the investment. From December 13-14, the two day event will explore many sessions and dialogue which will expose participants to a wider range of investment knowledge an prospects.
Real Estate in RAK is one of the most attractive places for vacation as ranked as the most beautiful emirate in 2014. Real Estate plays a major role in the functioning of the Emirate as the most attractive place in UAE.
GCC region is classified to have its GDP contribution largely from fuel – somewhat true, some emirates within the United Arab Emirates are devising new means to strengthen their economy. Tourism and Hospitality is anticipated to be the new venture for GDP growth in emirates like Ras Al Khaimah. Following its super initiatives to attract global investors – Which cuts across the Emirates Free Trade Zone and the existing Ras Al Khaimah Investment and Development Office (RAKIDO) that sees to the wellbeing of all investments and development in the Emirate and the annual RAK Finance and Invest Forum; Ras Al Khaimah is continuously attracting visitors as the years pass by. By 2020, tourism could triple for the emirate considering the number of investments and projects underway to bridge current gaps existing between tourist demands and RAK’s capacity.
Heading into the last quarter of the year 2016, the real estate markets in both Dubai and Abu Dhabi appeared to be making strides towards recovery. There was a noticeable slowdown in the rate of price drops and a visible uptick in average rental values in both emirates following months of continued downward movement. The average price for apartments in Dubai dropped by a paltry 1.2% in October compared to the Q3 value, while the drop in Abu Dhabi was also significantly smaller at 0.7%. Similarly, the average apartment rent in Dubai dropped by a negligible 1% in October compared to the Q3 value, and posted an encouraging 1% increase compared with the average rent in September. The average apartment rent in Abu Dhabi held its ground against the Q3 number, while some individual bed categories posted healthy surges in rates.
Advanced Conferences & Meetings (ACM) proudly launched the 2nd Annual Air Quality & Noise Control GCC at Eastern Mangroves Abu Dhabi, UAE. This event constitutes a platform for the regulators, industry stakeholders, air monitoring and noise control equipment and solution providers.