Following a difficult period for the international shipping market, in 2012 the container route from Shanghai to the Gulf through Dubai saw the second-highest rate of freight growth in the entire Asian region. This was part of an emerging trend of the maturation of GCC-Asia trade. A relationship that was once just based on energy demand is...
The bid by Dubai to become a global centre for Islamic products and services has progressed steadily in recent years, with the newly established Dubai Islamic Economy Development Centre (DIEDC) now leading efforts to expand and diversify the emirate’s offerings. Ongoing development will be supported by a host of new initiatives unveiled in 2014 and 2015, with plans for...
Buoyed by surging demand driven by rapid economic and demographic growth, the energy sector in Dubai is witnessing a period of significant transformation.
Annual growth of up to 5% in energy demand has been projected by the Dubai Electricity and Water Authority (DEWA) through 2030, reflecting the pace of industrial and economic growth in Dubai. To meet this increased demand, production capacity, transmission and distribution networks have all been expanded. The priority given to energy efficiency...
With 70% of electricity use in Dubai’s buildings committed to cooling, developing efficiencies in this market segment is a main focus of the emirate’s demand side management (DSM) strategy.
Through strong government support, an attractive business environment and innovative free zones, Dubai has established itself as a leading regional centre for information and communications technology (ICT). Growth of information technology (IT) services is poised to accelerate as demand for off-site business solutions, especially in certain...
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