INTERNATIONAL. US crude oil futures were down nearly 4% on Thursday as government data showing that the jobless rate in June rose to the highest level in 26 years sparked fresh worries about a recovery from recession.
INTERNATIONAL. US employers shed 467,000 jobs in June, pushing the unemployment rate to a fresh 26-year high of 9.5%, the US Labor Department reported Thursday.
INTERNATIONAL. Wireless technologies has been of immense value to medical practitioners, enabling them to increase productivity and improve the availability of quality healthcare globally.
INTERNATIONAL. Marked improvement in investor confidence towards UAE economic conditions and outlook, significant positive change in views on DFM and Nasdaq Dubai, 46.1% of investors still see Abu Dhabi stocks as undervalued.
INTERNATIONAL. New analysis from Frost & Sullivan analysis of the Middle East water and wastewater treatment equipment market, finds that market earned revenues of over US$1.26 billion during 2008 and estimates this to reach US$1.87 billion in 2013.
UAE. Rakeen said phase two of the infrastructure work on Al Marjan Island, the first-of-its-kind man-made island in Ras Al Khaimah will start in August.
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UAE. In this interview with BI-ME, INSEAD Professor Hal Gregersen discusses cultural factors in business, working across cultures and the challenges for the leadership equation in an age when more and more Middle East companies are going global.
INTERNATIONAL. US crude oil futures were down nearly 4% on Thursday as government data showing that the jobless rate in June rose to the highest level in 26 years sparked fresh worries about a recovery from recession.