The UAE ranked first among Arab countries and fifth globally for the quality of its roads, according to the Travel and Tourism Development Index 2024 issued by the World Economic Forum.
The report also stated that the country topped the list of Arab countries and was ninth globally in the efficiency of its port services, and 10th globally and second among Arab countries in the efficiency of its public transport.
Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, stressed that the results are a testament to the viability of the UAE’s long-term strategic plans, which present ample opportunities for growth.
He said the UAE is "committed to developing vibrant sectors and positioning the UAE as a leading destination for business and leisure. Ranking high on global indicators directly contributes to enhancing the confidence of international investors on the lookout for a reliable business environment.”
Hanan Mansour Ahli, Director of the Federal Competitiveness and Statistics Centre, stated, “The UAE has become a benchmark for quality of roads, public transport services, and port services. This will help attract foreign investments and enhance the GDP.”
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!