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: September 19, 2014
UAE. Emirate's long-term tourism plans & economic growth seen as key catalysts; Start-ups and the Small, Micro and Medium Enterprises (SMMEs) are most likely to be the biggest beneficiaries.
Posted: September 19, 2014
UAE. Saudi IT market set to top US$14 billion by 2017 with government sector fastest-growing industry; More than 500 of Kingdom's organisations set to attend GITEX Technology Week 2014.
Posted: September 19, 2014
SAUDI ARABIA. "Saudi Arabia's return on built assets is relatively low. We also have a huge issue in the quality of the infrastructure we are building in Saudi Arabia."
Posted: September 19, 2014
UAE. As an ecosystem for global design and creative minds, d3 will bring local talent and international luxury brands together in an inspiring, intelligently-curated space located in the centre of Dubai.
Posted: September 18, 2014
OMAN. Orascom Development Holding unit had a loss of OMR19.8 million in the comparable period; Positive performance will allow for further investment in the development of Muriya’s two destinations of Jebel Sifah and Salalah Beach.
Posted: September 18, 2014
UAE. Company continues to focus on shareholder value; Strong cash position following hedging transaction on part of AerCap stake; Implementing strategy to invest in high-potential sectors of regional economy.
Posted: September 18, 2014
UAE. The agreement bundles Nokia Networks' carrier-grade virtualized core applications and cloud application management products with Red Hat Enterprise Linux OpenStack Platform.
Posted: September 18, 2014
UAE. The partnership is set to redefine the role of market research in CEM ; Transformative approach helps businesses achieve true customer-centricity.
Posted: September 18, 2014
UAE. IT spending by financial institutions in the big four markets of the Middle East and Africa (MEA) - Saudi Arabia, South Africa, the UAE, and Turkey - is set for strong year-on-year growth of 10.8% in 2014, according to IDC.
Posted: September 18, 2014
SAUDI ARABIA. The company will provide conventional & Sharia based corporate finance advisory services to listed and unlisted target clients including HNWI's and institutional and corporate clients.
Posted: September 18, 2014
UAE. Full-day event helps emerging businesses to succeed by doing good.
Posted: September 17, 2014
QATAR. Carrier to depart Thursday From Hamburg's Airbus factory bound for Doha with its first super-jumbo; Qatar Airways to receive Four Airbus A380s in total before year end.
Posted: September 17, 2014
UAE. "Our target is to look to interoperability in the whole region and to make our railways operate across the whole system. We also need to have the operational structure that will fit together."
Posted: September 17, 2014
QATAR. The 3rd Euromoney Qatar Conference will take place from 24-25 November in Doha.
Posted: September 17, 2014
BAHRAIN. "These properties provide significant diversification across product types and tenants and are located in fast-growing markets with strong demand generators."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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