Although perhaps no longer able to boast more cranes operating within its boundaries than in all the other cities of the world put together, Dubai is still comfortably one of the world’s leading centres for the construction industry. Major projects continue to roll out, while existing ones finish off or evolve into new developments. From a new...
Spurred on by the ambition of the Dubai Maritime Sector Strategy (MSS) to make the emirate a fully developed, multi-layered focal point for the global industry, a thoroughgoing re-examination of Dubai’s whole maritime infrastructure is under way. This includes not just developments in terms of “hardware” – the ports, yards and cranes visible...
As 2015 drew to a close, one of the most eagerly anticipated pieces of legislation due in Dubai was new legislation governing public-private partnerships (PPPs). The new law, No. 22 of 2015, was published in September and introduced on November 19, 2015. Thus tendering rounds opened in 2016 offered the first opportunities for companies to...
Insurance penetration in Dubai is very low and the potential for growth is immense, making the sector competitive and highly oriented toward future expansion. However, the current operating environment is challenging, with companies competing on price to capture market share, scale up customer bases and boost profits.
While Dubai possesses some of the most state-of-the-art hardware in its transport sector, integrating these devices into a single, smart structure has a been a long-term occupation of sector planners. Encouraging innovation in the software element of transport has been a priority for the government for many years, with the Dubai Smart City...
In 2015, for the first time, the rate of extreme poverty was projected to fall below 10%. Our research and experience tells us that three things have been critical to reducing poverty and boosting prosperity: inclusive economic growth, investments in health and education, and insuring against risks that can plunge the vulnerable into poverty...
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