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: April 18, 2014
UAE. The CHANEL 2014/15 Cruise collection will be held in Dubai on May 13 2014, in the presence of Karl Lagerfeld.
Posted: April 18, 2014
INTERNATIONAL. Shared technology allows global capacity for 14nm FinFET fabrication in the U.S. and Korea.
Posted: April 18, 2014
UAE. This is Etihad Regional's first year-round route to France from its Swiss base.
Posted: April 17, 2014
UAE. X-Stream Trading, developed by NASDAQ OMX, provides a proven, functionally rich, multi-asset trading platform that complies with international standards and policies.
Posted: April 17, 2014
UAE. Uptake of English language and national economic prosperity linked.
Posted: April 17, 2014
UAE. Increase in market share for Jaguar Land Rover across GCC, Levant and Morocco; MENA now 5th largest market for Jaguar and Land Rover globally.
Posted: April 17, 2014
UAE. The leading healthy food franchise makes its first international foray, with its first branch located at Dubai Marina.
Posted: April 17, 2014
KUWAIT. The Wafra Field is the main oil field in onshore Partition Zone. The Main Gathering Center is a critical hub for oil production.
Posted: April 17, 2014
INTERNATIONAL. Combined company sets a new benchmark for talent assessment.
Posted: April 16, 2014
UAE. For Athens, the new flights will offerthe choice of two different departure times to and from Abu Dhabi, and for Larnaca, the additional flights will provide more choice and flexibility, as well as better connectivity over Abu Dhabi.
Posted: April 16, 2014
UAE. Dr. Rafael Reif delivered a talk titled on research universities as engines of a modern economy at Masdar Institute in Abu Dhabi.
Posted: April 16, 2014
UAE. MEED's latest forecast is that new contract awards in the GCC will approach US$150 billion in the year ending 2014 compared with about US$135 billion in the previous 12 months.
Posted: April 16, 2014
UAE. According to a survey from B2B International and Kaspersky Lab, almost 98% of computer users in the UAE enjoy the ease and convenience of shopping and banking on their PCs, Macs, tablets, and smartphone.
Posted: April 16, 2014
UAE. New devices, growing interest and improved internet stability is transforming the world of games according to a new Ericsson ConsumerLab report; Potential for gamification to increase employee performance and personal development.
Posted: April 15, 2014
INTERNATIONAL. Titan Aerospace's drones could be used to boost internet access to remote areas.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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