Tags : economy

How is the Metaverse changing the tourism industry?

Today, the tourism industry is facing a new digital phenomenon called the Metaverse. It’s no secret that this new wave of hype is covering our entire planet. The geek world, the digital economy, the entertainment industry, and now tourism is getting into a new space. How will the tourism that we are used to enjoying […]...Read More

Emirates opens a special lounge for young travellers

DUBAI: Young travellers flying Emirates as unaccompanied minors can now relax and wait for their flight in a newly upgraded lounge dedicated for them at Dubai International Airport, located next to Emirates’ First Class Lounge in Concourse B. Emirates’ lounge for unaccompanied minors is open 24/7, and the newly upgraded facility offers fun video games, […]...Read More

GCC Insurance Industry to witness a pickup in growth

DUBAI: UAE-based investment banking advisory firm, Alpen Capital, launched its latest GCC Insurance Industry report on Tuesday, 8th February. The report provides a comprehensive overview of the GCC insurance sector and outlines the outlook, recent trends, growth drivers, and challenges in the sector. It also profiles some of the renowned insurance companies in the region. […]...Read More

Digitalisation is a gamechanger in the retail industry – retail stalwarts come together to discuss revolution and its impact

Dubai: The Indian Business & Professional Council (IBPC), Dubai, one of the oldest business organisation, was again at the forefront in recognizing the large role Retail Industry plays in the UAE’s economy by organizing the first, annual “Retail Conclave” at The Taj Dubai hotel on Jan 12th, 2022. The focus was to recognize the contribution […]...Read More

UAE ranks high in the industrial sector index report in the world

ABU DHABI: The UAE has the most competitive industrial sector in the Arab world, according to the latest UN global rankings published. The country has reached 30th in the world in the 2021 United Nation’s Industrial Organisation’s (UNIDO) Competitive Industrial Performance Index (CIP) report which tracks 152 countries. The UAE has climbed five places since 2020 […]...Read More

Greece joins France, Germany in month-long European lockdowns

Greek Prime Minister Kyriakos Mitsotakis on Saturday declared a one-month partial coronavirus lockdown, shutting restaurants and other leisure activities in Athens and other major cities from next week. “We must act now, before intensive care units buckle under the strain of lives in danger,” Mitsotakis said in a televised address. The prime minister said eateries, […]...Read More