Business & Management

Saudi Arabia invests US$133.3bn in industrial and service projects

saudi alfalihSaudi Arabia has invested US$133.3bn in industrial, service and logistics projects and contracts in its efforts to cut dependence on oil and in diversifying the national economy

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The UAE’s economy robust, further growth predicted

TRME UAEflagThe introduction of value-added tax (VAT) will substantially strengthen and diversify the UAE government revenues in the coming years, according to a recent statement released by the International Monetary Fund (IMF)

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UAE Cabinet approves US$16.42bn 2019 budget

TRME SheikhMoHH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai, has approved a zero-deficit federal budget of US$49bn for the next three years (2019-2021)

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Alimak rebrands product and service offering

alimak triple x mammoth systemSweden-based Alimak Group has decided to drop the Hek from the product brand Alimak Hek and to launch a new brand – Alimak Service, to cover the offerings of the after-sales business area

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Dubai’s DMCC first free zone in GCC to commit to UNGC

TRME DMCCDMCC, premier free zone in Dubai, announced the launch of its first sustainability report, as part of its commitment to the United Nations Global Compact (UNGC)

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