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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: August 4, 2015
UAE. Business Growth Fund (BGF) has taken a minority stake in Four, the UK’s sixth-largest independent agency and one of the largest independents in the Gulf, which employs more than 200 staff across its four offices.
Posted: August 4, 2015
UAE. Global ethical finance leaders to discuss the potential of environmental, social and governance (ESG) as a part of a global fiduciary standard.
Posted: August 4, 2015
UAE. Residential sale prices have declined 1% quarter on quarter, signaling a slowdown in demand and market uncertainty.
Posted: August 4, 2015
UAE. Regional decision makers to gather at biennial Offshore Marine & Work Boats conference as industry looks to future proof commercial potential.
Posted: August 3, 2015
UAE. The pop up stores, which will be open at Terminal 1 and Terminal 3 between August 1st and October 31st, will provide an unparalleled assortment of beauty products representing Sephora's own private label range "Made In Sephora".
Posted: August 3, 2015
UAE. Global platform to empower businesses in the field of Islamic digital economy and Arabic content.
Posted: August 3, 2015
BAHRAIN. The Saudi-based investment banking arm of Gulf International Bank (GIB), was recently granted three key awards by EMEA Finance magazine for their role in key transactions in 2014.
Posted: July 31, 2015
UAE. Egis acquires 51% of Projacs, the leading project and construction management firm in the Middle East. This transaction represents a new stepping stone for the development of both Egis and Projacs.
Posted: July 31, 2015
INTERNATIONAL. For the transition period, Philippe Camus is appointed Chairman & Interim CEO, per Sept. 1, supported by Philippe Guillemot, Jean Raby and Basil Alwan in overseeing transition and completion of The Shift Plan.
Posted: July 30, 2015
EGYPT. The global shipping industry's governing committee visits the new shipping lane, praises Egypt's "huge undertaking" of the project.
Posted: July 30, 2015
INTERNATIONAL. Yahoo Livetext blends the convenience and ease of texting, with the immediacy and vividness of live video, but without the audio - so you can use it in any context.
Posted: July 30, 2015
UAE. Over 1 billion euros committed through the world's highest ranked citizenship-by-investment programme.
Posted: July 30, 2015
INTERNATIONAL. Neil Campbell, Dimension Data's Group General Manager - Security, comments on the Fiat Chrysler's recall of 1.4 million vehicles in the U.S. to install software that would prevent hackers obtaining control of the engine remotely.
Posted: July 30, 2015
UAE. "This continuous growth further demonstrates the fact that travelers increasingly see Abu Dhabi both as a destination of choice and as a logical transit point on long journeys."
Posted: July 29, 2015
UAE. A new report published by JLL for The Hotel Show Dubai 2015 reveals that the Abu Dhabi hotel industry is experiencing positive growth; 2,300 rooms are set to enter the market by the end of 2015 alone.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 4, 2015
UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
date:Posted: August 4, 2015
EGYPT. Latest data painted a bleak picture; Business conditions worsened amid declines in output, new orders and employment, although the respective rates of contraction were only slight.
date:Posted: August 4, 2015
SAUDI ARABIA. Stronger growth of the sector as a whole was mainly driven by sharper expansions in both output and new orders, while purchasing activity also rose more quickly; However, data for employment bucked the general trend, as the rate of hiring eased to a 14-month low.
UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
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