The latest Global Economic Conditions Survey (GECS) from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) found that global economic confidence is at its highest level in years, with strong growth since the start of 2017.

UAE is also among the world’s biggest spenders per capita

The U.S.-U.A.E. Business Council released a new report on the latest developments in the U.A.E.'s manufacturing sector at a high-profile event in Abu Dhabi on Sunday, 28 January. Eng. Jamal Salem Al Dhaheri, CEO of SENAAT, and Badr Al-Olama, the Head of the Aerospace Business Unit at Mubadala Investment Company, provided keynote remarks at this exclusive business roundtable luncheon.

Brazilian textile and clothing exports to the Arab world increased 87.5 per cent in January and February this year compared to the same period last year. The increment was almost exclusively a result of synthetic fabric and sisal rope for use in ships and rigs. Exports of beachwear, textile yarns and intimate wear also went up in the first two months of the year.