The Metallurgical and Foundry industries form the backbone of development in any economy, and the UAE with the fast-paced economic expansion will open diverse opportunities for the industry to grow, In the backdrop of the accelerated energy transition to achieve Net Zero goal by 2050 as well as the exponential growth in infrastructure development and construction activities in UAE, the minerals and metals industry is estimated to grow at a rate of over 3 per cent, hitting $10 billion by 2025, said industry experts ahead of the trade fair quartet 'The Bright World of Metals' expos in Dusseldorf, Germany.`The Bright World of Metals’ expos comprise four leading global trade fairs under one canopy – the casting technology show, GIFA, metallurgy-focused METEC, industrial thermal processing technology, Thermprocess and the customized cast products show, Newcast. At the press conference, the spokespersons of GIFA, METEC, Thermprocess and Newcast said the severe disruptions the industry experienced during the Covid-19 pandemic period with sharp fall in volumes and growth rates is being reversed now.

has recently announced that it will sponsor the 20th edition of the Dubai International Property Show (IPS 2024), which aims to bring together real estate and property development experts, specialists, and industry leaders at the Dubai World Trade Centre from 27 to 29 February 2024.The IPS 2024 provides a unique platform where local and global real estate projects and solutions can be showcased and enables real estate professionals and experts to share experiences and discuss the most promising investment opportunities offered by the real estate sector, which ultimately aims to further strengthen the real estate industry as one of the pillars of the national economy. The DLD has emphasized its indefatigable commitment to boost the confidence of real estate investors, stakeholders, and agents in the UAE’s real estate sector. Part of this commitment is sponsoring and participating in the IPS, which has gained strong interest from global participants throughout its previous editions, as demonstrated by the participation of over 120 real estate exhibitors from more than 40 countries in its last edition.

prompted analyst questions about capital spending. Arduini said GE HealthCare was “encouraged by the steady recovery of global procedures,” noting that drives demand,although sometimes that may be in the form of software and upgrades rather than new devices.“Since COVID, people have been prioritizing capital. That’s no new news for us,” Arduini said of the U.S. market. “But again, what we keep an eye on is what they’re deciding to put it against. And I think with nursing costs starting to flatten out, you’re seeing a little bit more of positivity on that spend. That being said, we think we’re going to be in a capital prioritization kind of focus throughout this year, which is why we’re cautiously optimistic.” Looking outside of the U.S., Arduini said Western Europe is “quite stable,” demand is strong in China, and Southeast Asia and Latin America are seeing similar strong growth, driven by individual countries.