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Business & Management

Scott Livermore is ICAEW economic advisor and chief economist at Oxford Economics. (Image source: ICAEW)

The rollout of coronavirus vaccines should allow a return to relative normality in the Middle East in the second half of 2021, while much of the region?s economies will benefit from higher commodity prices and stronger external demand, according to a report Economic Update: Middle East Q1 2021, compiled by Oxford Economics and commissioned by ICAEW

The new venture will consolidate strengths and expertise helping to streamline costs. (Image source: ALEC)

ALEC, the Dubai-based main-contractor and BUTEC, a design-build industrial contractor, have announced the launch of a new joint venture which will target the region?s utilities, industrial and environmental sector-based projects

Companies to combine respective specialities and resources to realise operational synergies and develop competitive offering. (Image source: OFCO)

Abu Dhabi Ports? offshore logistics service provider, Offshore Support and Logistics Services Company (OFCO ? Offshore International), has signed a MoU with Mammoet United Arab Emirates

Al Gihaz Holding has announced its acquisition with Enshore Subsea Ltd. (Image source: Adobe stock)

Al Gihaz contracting, part of Al Gihaz Holding, has announced its acquisition of assets, intellectual property and the management systems of Enshore Subsea Ltd, leading UK based subsea trenching company, providing seabed intervention services to mega-projects across industry

Increased infrastructure spending will help the non?oil sector to recover in 2021?22. (Image source: Adobe Stock)

Economist Moin Siddiqi analyses how the GCC governments are ushering in reforms and developing new strategies as economic recovery gathers steam

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