Company News

FEATURED REPORT...
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: June 28, 2016
LEBANON. EuroMena III took part of a sale arranged by Credit Libanais Investment Bank (CLIB) of 9.41 million shares held by EFG-Hermes, the exiting majority shareholder.
Posted: June 28, 2016
SAUDI ARABIA. QnA International hosts 4th annual Saudi Trade Finance Summit in Jeddah.
Posted: June 27, 2016
UAE. 15 active projects are adding value to local communities and the tourism economy in the UAE, Oman, Saudi Arabia, Egypt and India.
Posted: June 27, 2016
UAE. Cisco delivers a "Time Machine for the Data Center" by combining analytics and data center technologies.
Posted: June 27, 2016
Accelerates digital transformation with API driven hybrid-cloud architectures
Posted: June 27, 2016
SAUDI ARABIA. Partnership framework aligns with Saudi's Vision 2030 and recently approved National Transformation Program.
Posted: June 23, 2016
UAE. Concourse D, the last major facility that DXB has space for, has boosted the airport's annual capacity to 90 million passengers.
Posted: June 23, 2016
UAE. Red Hat Learning Subscription - Standard features unlimited access to Red Hat's online training content and certification exams.
Posted: June 23, 2016
INTERNATIONAL. Strategic meeting will be held in Berlin on 13-14 September; Does one size fit all or will banks be forced to specialise their customer experience strategies?
Posted: June 22, 2016
INTERNATIONAL. Google, Amazon and Samsung top list of the world's most dynamic brands; Existing brand equity measures are outdated for the new world.
Posted: June 22, 2016
OMAN. The UAE-based global marine solutions provider has successfully supported Oman Oil Company Exploration & Production LLC's (OOCEP) first shipment of crude oil from the Musandam gas plant (MGP).
Posted: June 22, 2016
KUWAIT. The oldest bank from the Gulf and MENA region to continuously operate in the UK market.
Posted: June 22, 2016
UAE. Delays in provisioning applications, recovering from disasters, and managing data backups rank as the biggest challenges of managing remote and branch offices.
Posted: June 21, 2016
UAE. The newly rebranded conference will take place as part of Seatrade Maritime Middle East and Dubai Maritime Week.
Posted: June 21, 2016
UAE. The maze of laws, regulations and internal policies, not to mention the increased scrutiny used to oversee firms, makes financial services compliance particularly challenging.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 28, 2016
UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
date:Posted: June 28, 2016
OMAN. Private wealth held by upper high-net-worth households in Oman is projected to increase by a healthy 8.8% over the next five years.
date:Posted: June 27, 2016
INTERNATIONAL. Markets participants are on edge and with many questions unanswered post the Brexit victory adding to the uncertainty, investor risk appetite has diminished.
UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
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