Industries

Oman Unveils US$31 Billion Tourism Investment Plans Under ‘Vision 2040’

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Oman welcomed 4 million tourists in 2023, a testament to its vibrant tourism landscape. Now the Sultanate has announced major investment plans, aligned with ‘Vision 2040’.

UAE’s Top Emerging Sectors for Investors in 2024

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In the UAE, a strategic shift towards economic diversification has catalyzed growth across hospitality, e-commerce, cryptocurrency, and AI.

Chinese EV Maker XPeng Gets Ambitious About the MENA Market in 2024

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XPeng announced new additional dealer partnerships in 2024, including with Ali&Sons in the UAE, RAYA Group in Egypt, T Gargour&Fils Group in Jordan, and Gargour Asia SAL Group in Lebanon.

NIO to License Technology to Middle East Start-up Forseven

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Chinese new-energy vehicle manufacturer Nio has entered into a technology licensing agreement with Forseven, a subsidiary of Abu Dhabi’s CYVN Holdings L.L.C.

UAE and Greece Sign MoU on Digital Infrastructure Investment

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UAE and Greece recently signed an MoU agreement, which sets the framework for investing in data center projects and digital infrastructure in Greece.

Dubai’s Tourism Sector: Outlook and Key Drivers

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Dubai’s tourism sector success is driven by strategic partnerships, sustainability initiatives, and its emergence as a global hub for relocation, remote work, and leisure.

eSports Sector on the Rise in the Middle East: Outlook, Major Players, and Prospects

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As the eSports sector thrives in the Middle East, we delve into the region’s burgeoning gaming culture, governmental initiatives, standout players, and promising future.

Saudi Arabia and Indonesia Collaborate to Elevate the Assurance of Halal Products

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Saudi Arabia and Indonesia signed a memorandum of understanding (MoU) on Halal product assurance cooperation in addition to the mutual recognition of each other’s Halal certificates. The agreement was signed between Indonesia’s Halal Product Assurance Organizing Body (BPJPH) and the Saudi Food and Drug Authority.

Saudi Arabia Wins Bid To Host 2029 Asian Games – With Outdoor Snow Skiing Facilities

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Saudi Arabia has won the bid to host the Asian Winter Games in 2029, which will be held in Trojena, Neom. Neom is a part of the Kingdom’s Vision 2030 national development plan into which Prince Mohammed bin Salman has poured hundreds of billions of dollars, with the aim of transforming the Saudi economy, creating […]

Indian EV MNC To Test Market UAE Manufacturing For Electric Powered Buses And Commercial Vehicles

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Switch Mobility changing from fuel to EV based vehicles with production in Ras Al Khaimah . If anywhere has sunshine and can generate electricity from solar power, it is the United Arab Emirates – one reason why India’s Mumbai based Hinduja Group will start testing demand in the UAE for electric-powered buses and light commercial vehicles.

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