Record Foreign Direct Investment for Turkey
According to Turkey’s Prime Minister Recep Tayyip Erdogan last years foreign direct investment in Turkey attracted a record $21.87 billion, which was well above the 2006 figure. “This is an all-time record for Turkey ,” Erdogan said in a speech to his Justice and Development Party’s (AKP) parliamentary group. “The Turkish economy has shifted gears… [...]
World's tallest arch bridge to be built in Dubai
Dubai is all set to build the world's largest arch bridge. The mile-long bridge will be 670 feet tall at its highest point, which is really, really tall. It'll have a whopping 12 lanes of traffic with a metro line running down the center and will be able to carry over 2,000 vehicles per hour. [...]
US may follow Dubai's escrow lead
The Escrow Account Law issued by the Government of Dubai recently has ignited a massive inflow of institutional funds into Dubai real estate and the UAE at large. The new law has bolstered confidence in the real estate market and many major institutions overseas are seriously considering investments in Dubai realty. Dubai real estate is [...]
Dubai School of Government partner with Harvard University
The combined forces of Dubai School and Harvard University held a two-day workshop to study the port city states of the Arabian Gulf. The workshop, entitled 'Port City-States of the Indian Ocean: Their Past, Present and Future Trajectories,' was a multi-disciplinary effort bringing together academics and experts from a variety of fields, including economics, business, [...]
Ras Al Khaimah Free Trade Zone loves its workers
Managing standards for work-related stress was the theme of a two-day training course the Ras Al Khaimah Free Trade Zone (RAK FTZ) organized for the its employees. Oussama El Omarim, the CEO of the RAK FTZ said the course aimed at educating and raising awareness of work stress. 'The course was designed to help workers [...]