The tourism sector attracted 75% of total investments last year while the manufacturing and logistics sector accounted for 15%, doubling the total amount of investment from that of 2015
Source: New feed

Margraf has signed contracts to supply marble for two projects in Tehran, Iran: Dashty ? The Castle, which completed in Q4 2016; and Persis Commercial & Office Tower, which is ongoing
Source: New feed

Three proposals were submitted for the 20 February deadline, with bids starting at $1.14bn (AED4.2bn)
Source: New feed

A report by Ventures Onsite states that the GCC countries require an additional generating capacity of 69GW between 2016 and 2020
Source: New feed

E-Dirham’s second generation was launched in 2011 with flexibility to integrate with e-government services and develop payment methods to further e-collection
Source: New feed

71% of 1,000 construction workers that attended previous training sessions reported "dramatic improvements" in their knowledge of the UAE Labour Law’s rights and responsibilities
Source: New feed

Qatari government officials and representatives from the private business sector met to discuss private sector involvement in diversifying the economy
Source: New feed

The global demand for liquefied natural gas (LNG) is set to rise by 4 to 5% a year between 2015 and 2030, according to director at Shell
Source: New feed

The Al Hudairiyat jackup drilling rig will depart the facility in the next few weeks en route to its drilling location in Abu Dhabi
Source: New feed

Shandong Lingong Machinery Company reported double-digit growth with its three wheel loader models in India last year
Source: New feed