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Tag: private sector

US hails Saudi-Russia oil deal, will make cuts of its own

2 years ago
The United States does not know formal details of Saudi Arabian and Russian plans to reduce oil supply yet and will not ask U.S. domestic oil producers to chip in with their own cuts, a senior administration official told Reuters on Thursday. President Donald Trump said in a tweet earlier on Thursday he expected Saudi […]
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Saudi Arabia private sector activity improves

4 years ago
Saudi Arabia’s non-oil private sector activity improved last month as the headline PMI rose to 55.1 in August from 54.9 in July, on stronger output and new orders growth. However, employment growth was modest, and the slowest in three months, while average selling prices declined for the second month in a row, as firms offered […]
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Private sector to help region bridge funding gap

4 years ago
Gulf nations face an average infrastructure-funding gap of about 40 per cent in the next five years and private sector involvement will be critical, said an industry expert. Jeff Yousuf, partner for financial services at Oliver Wyman, told Gulf News that public-private partnerships (PPPs) are a very good investment option in the Gulf as a […]
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Smart Dubai moves to engage private sector

4 years ago
The Smart Dubai Office, SDO, has organised a workshop titled “Public-Private Engagement Towards a Data Economy”, as part of its efforts to implement a strategy and policy package to engage the private sector in the Dubai Data Initiative. The workshop sought to encourage the private sector in Dubai to participate in the data economy, in […]
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Dubai private schools collect Dh7.5b in tuition fees

4 years ago
Private schools in Dubai earned Dh7.5 billion in tuition fees in the current 2017-18 academic year — Dh700 million more than the Dh6.8 billion collected last academic year — a new report shows. The Dubai Private Education Landscape 2017/18 report, released by the Knowledge and Human Development Authority (KHDA) in Dubai, also said 53 per […]
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Private firms set to benefit from new wave of rail projects

4 years ago
If you don’t know how to do public-private partnership (PPP) projects, partner with a firm that does — and do it quickly. Those were the closing words of Joss Dare, Partner and Head of Middle East at international law firm Ashurst, at his keynote seminar at the Middle East Rail conference, at Dubai World Trade […]
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Dubai private sector maintained strong growth in February

4 years ago
The Dubai Economy Tracker Index (DET) for February signalled a further strong improvement in business conditions across Dubai’s non-oil private sector. Although the headline index eased slightly from 56 in January to 55.8 in February, it still indicated a strong expansion in the non-oil private sector. “The PMI survey data for February continued to show […]
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US official: Erik Prince proposed private spy network to Trump administration

5 years ago
The founder of the controversial military contracting firm Blackwater, Erik Prince, and his allies lobbied contacts inside the administration to provide the CIA with a private network of intelligence contractors, according to a US official with knowledge of the proposal. "This idea is going nowhere," the official said and stressed neither the agency nor the […]
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Sharjah Chamber launches service for private sector

5 years ago
Sharjah’s Chamber of Commerce and Industry launched a new service for the private sector that will provide customers with a number of services to do transactions in one spot. The service, called “You Call, We Arrive,” is aimed at helping customers save time by providing them with a fully equipped van with internet services, laptops, […]
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