According to a new report the UAE’s Petrochemical industry is set for strong growth in 2016. Business Monitor International (BMI) research reveals that parts of the plastics and rubber industry will see growth in the new year of nearly 170%. Predications expect polyethylene production to triple to 3.52 million tonnes per annum. It’s also revealed that by 2016, ethylene capacity will reach five million tonnes per annum in the UAE.
Creative industries 'key to future growth', WGS-FTI report says
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
TECOM Group posts strong 2025 results as revenues and profits rise
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family businesses urged to rethink investment, philanthropy at Dubai summit
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
UAE-Vietnam CEPA enters into force
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
Indian rupee, stocks soar in relief rally after trade deal with US
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
