Business & Management

Car firm to invest US$245 million into UAE operations

Al Nabooda Automobiles has announced plans to invest AED 900 million (US$245 million) into expanding its operations network in the UAE

UAE Ministries of Health and Economy sign MoU

The Ministries of Health and of Economy have signed a MoU. (Image source: Ministry of Health)

The UAE Ministries of Health and of Economy have signed a MoU?in order to enhance institutional competitiveness and achieve development strategies between the two departments

ME economies could overtake Chinese low-cost manufacturing output

Qatar, UAE, Saudi Arabia and Egypt have been included in the 25 Rapid Growth Markets. (Image source: Nick Bastian Tempe/Flickr)

The Middle East is well placed to succeed China as a key manufacturing hub for low-cost goods, according to Ernst & Youngs (E&Y) Rapid Growth Markets (RGMs) report

Gulf companies to see increased restructuring

Companies in the Middle East are set to witness augmented restructuring as they take a studied approach towards organising their businesses, according to PricewaterhouseCoopers (PwC)

EDF and Areva open Riyadh office

EDF and Areva have opened a joint office in Saudi Arabia?s capital Riyadh in an attempt to target the Kingdom?s growing solar and nuclear industries