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Posted: 08-08-2011
UAE. Emirates, Dubai's flagship carrier, said the European Union's planned carbon emission scheme may cost it as much as US$1 billion over 10 years, as it joined others airlines in objecting to the tax. From January, airlines flying to or from Europe will have to buy permits from the EU's emissions trading scheme (ETS) for 15% of the carbon emissions produced during the entire flight. "It (the scheme) will have a very significant impact on Emirates," Andrew Parker, Emirates' senior vice president for industry and environmental affairs, said at a conference in Dubai. "It's safe to assume som
Posted: September 1, 2015
UAE. IoTonlinestore.com, is now offering smart products in the following domains: Home Automation, Wearables, Smart Gadgets, Healthcare, Trackers, Toys and Pets.
Posted: September 1, 2015
UAE. The region as a whole had around 680 million mobile subscriptions at the end of 2014. Between 2014 and 2020 it is forecast that the number will grow at a CAGR of 6% to 970 million.
Posted: September 1, 2015
UAE. Through the Matchi alliance, KPMG firms across the MESA region and globally will work with financial services clients to access the benefits of fintech innovation that is taking place globally.
Posted: September 1, 2015
UAE. Healthcare providers can enhance patient care and reduce costs with sensors, robotics, Big Data analytics, and wearables, showcased at GITEX Technology Week.
Posted: September 1, 2015
UAE. The next big mobile app is voice. People prefer Wi-Fi hands down, and voice is no exception. In fact, in a study, 69% of people prefer Wi-Fi to 4G/LTE or wired connections.
Posted: September 1, 2015
EGYPT. US$300 million refinery expansion to include second UOP continuous catalytic reforming (CCR) Platforming unit to help meet growing domestic demand for high-octane gasoline.
Posted: September 1, 2015
UAE. The only independent honours which recognise the country's customer service leaders.
Posted: September 1, 2015
SAUDI ARABIA. The largest and leading manufacturer of Geotextiles & Geocomposites in the Middle East selects IFS Applications 9 to replace its current ERP system.
Posted: September 1, 2015
UAE. Innovative Dubai based platform brings P2P finance to Islamic investors; Independent review completed by leading Sharia consultancy firm.
Posted: August 31, 2015
UAE. Study indicates that 58% of businesses' IT organizations are unprepared for competitive threats, including competitors' ability to launch new applications faster.
Posted: August 31, 2015
UAE. Huge investment attracting biggest global machinery manufacturers; Cutting-edge concrete technology suppliers also being attracted.
Posted: August 30, 2015
INTERNATIONAL. Designed by renowned San Francisco-based product studio Ammunition, Obi Worldphone SF1 and SJ1.5 are set apart by iconic industrial design.
Posted: August 28, 2015
UAE. The program aims to support building diverse local talent in the Middle East region in co-operation with universities across 12 countries co-operating in UAE with with Zayed University, Khalifa University and the American University of Sharjah.
Posted: August 28, 2015
INTERNATIONAL. Companies and organizations from 22 countries and regions have confirmed their participation, with several heads of state, ministerial officials and leaders of commerce associations expected to attend.
Posted: August 28, 2015
BAHRAIN. MedGulf Bahrain, parent to the MedGulf group, has reported significant first-half 2015 losses at its Saudi Arabian affiliate, MedGulf KSA, causing earnings at the MedGulf KSA and group level to fall below S&P's expectations.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 1, 2015
UAE. Online payments used mostly for remittances, utility bills and electronic goods; Asian expatriates and Emiratis top the list of online shoppers.
date:Posted: September 1, 2015
UAE. Transaction levels falling across Abu Dhabi, Dubai, Sharjah; Oil price decline impacting job creation affecting real estate; Affordability and supply levels impacting villa market; Rental market weak but strong tourism sector and Expo 2020 boost medium term outlook.
date:Posted: September 1, 2015
UAE. PA Consulting Group study shows organisations in UAE, Saudi, Qatar must develop staff to think creatively to boost productivity.
UAE. Transaction levels falling across Abu Dhabi, Dubai, Sharjah; Oil price decline impacting job creation affecting real estate; Affordability and supply levels impacting villa market; Rental market weak but strong tourism sector and Expo 2020 boost medium term outlook.
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.
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