Dubai Economic Affairs plays key role in Emirate development
Dubai Economic Affairs (DEC) recently released its annual performance report for 2008. This report, outlined by DEC’s General Secretariat, reflects the council’s various activities that include developing operational plans for policy and initiative recommendations and discussing macroeconomic issues. DEC was launched in 2003 by H.H Sheikh Mohammed bin Rashid Al Maktoum, with the purpose of [...]
Ras Al Khaimah’s economy to grow 10% in 2009
Ras Al Khaimah is expected to attain an economic growth of 10 percent this year, beating the trend globally. This was highlighted by a top Ras Al Khaimah government official, who added that the Emirate has been launching realistic, cautious and pragmatic initiatives in its industrial and tourism sector. Ras Al Khaimah Government’s Economic Development [...]
Dubai to host Wharton Global Alumni Forum
Wharton School members, global business leaders and government officials will join together in March to discuss the world’s economy at Dubai’s first Wharton Global Alumni Forum. As the Middle East continues to play a key role in the financial market, delegates will focus on financial opportunities, entrepreneurship, media and culture in the region. The event [...]
RAK Free Trade Zone to engage major expansion project
It was revealed that the Ras Al Khaimah Free Trade Zone Authority is to invest in a $500,000 project in order to expand office and residential space and offer health clubs and entertainment facilities to new companies. The project, which is due to complete in May, is set to further develop and maintain a sustainable [...]
Exceptional Growth in Turkish Property Market
It has been revealed that the Turkish property market is growing rapidly, making it an investment hotspot for people interested in receiving good returns. Commenting on the economic advancements in the country, Eric Kaya of Cumberland Properties said “buying into Turkey is an ideal investment opportunity…where the market holds long term potential for strong capital [...]