Madrid now can turn their attention to a La Liga-Champions League double as they get ready to host Bayern Munich in the semifinal return leg
football3 hours ago
The planned and ongoing construction of mixed-use mega projects in the UAE is driving the demand for wood, and wood related products, experts at the Dubai WoodShow said on Monday.
Dr Abdullah bin Mohammed Belhaif Al Nuaimi, UAE Cabinet Member and Minister of Infrastructure Development, officially inaugurated the 13th edition of the event and spoke about the importance of the show in light of the UAE's construction sector.
"Any segment, including the wood industry, is going to be important in a country like the UAE, which is seeing vast developments to prepare for global events such as Expo 2020," he said after the opening of the event. "The wood industry is very important to us and it is an added value to our economy."
The three-day international trade show is showcasing the latest wood products, woodworking, machine tools, and new technology; and has drawn the participation of more than 300 exhibitors from 55 countries.
The show also features six country pavilions - Canada, China, Finland, Russian Federation, Turkey, and the USA. More than 10,000 trade visitors are expected to participate at the international event - including visitors from the GCC and other markets to source the latest products, services, machineries as well as renew their existing trade relations.
Dawood Al Shezawi, president of Strategic Marketing and Exhibitions, says: "A surge in oil prices which are trading over $60 a barrel brings back optimism and as investor sentiment rides high, we have seen a string of project announcements from the beginning of this year that will later create demand for interior décor, wood products and woodworking machineries. The massive construction activities in the GCC, especially in Dubai, will continue to drive demand for wood products and we expect to see the wood import and export value to exceed Dh4 billion recorded in 2016 - in the following years." Pacome Moubelet Bouyeba, Gabonese Minister of Forest and Environment, also spoke about the importance of sustainable logging practices, especially in a country like Gabon, which has 22 million hectares of natural forest.
"Over 88 per cent of our country is made up of rainforests, and we have a responsibility to take care of this valuable resource for the generations that will follow ours," he said. "We are seeing a huge demand from emerging economies. The GCC and Middle East has also seen a huge increase in trade volumes; over the past three to four years we have seen a 25 per cent increase in the sector."
- rohma@khaleejtimes.com
Madrid now can turn their attention to a La Liga-Champions League double as they get ready to host Bayern Munich in the semifinal return leg
football3 hours ago
The Spaniard produced a flawless display and back-to-back birdies from the 16th saw him win by one shot from in-form Sebastian Söderberg
sports3 hours ago
The country's transition from winter to summer is typically marked by fluctuating weather conditions, expert explains
weather3 hours ago
The Japanese-owned galloper, who was looking to win a third colt's Classic, was beaten a close third in an absolute classic won by Mystik Dan
sports4 hours ago
The results for both class 10 and class 12 are expected to be declared on the same day
asia4 hours ago
The food safety regulator stated that the maximum limit is fixed differently for different food commodities based on their risk assessments
asia4 hours ago
The two customer happiness centres will operate on a 'partial closure basis' till project is completed by September end
uae5 hours ago
Siraj showed what he is capable of with the new ball against Gujarat as he dismissed Wriddhiman Saha and Shubman Gill in successive overs
cricket5 hours ago