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: November 28, 2014
UAE. "It's time to concentrate on the football in Qatar," potential FIFA President states.
Posted: November 28, 2014
UAE. Agreement to extend service coverage for GE's advanced 9FA turbines deployed at the plant; Builds on the long-term partnership of GE with EGA.
Posted: November 27, 2014
UAE.Leading, homegrown, multi-regional hospitality distributor; Gulf Capital will retain a controlling 57.5% stake, with the balance held by DOTW management.
Posted: November 27, 2014
UAE. Launch accompanied by release of "Akyumen Falcon," the world's first patented projector educational tablet.
Posted: November 27, 2014
UAE. Global specialized diagnostic market research agency appoints Ahmed Sulaye as Head of the region.
Posted: November 27, 2014
EGYPT. Ability to charge online purchases directly to subscribers' phone bills; A unique local ecosystem covering 100% of mobile subscribers in Egypt and Saudi Arabia.
Posted: November 27, 2014
UAE. First-ever analysis of "West-East corridor" comes to Dubai at Madinat Arena, 30 Nov - 1 Dec, with VIP speaker list.
Posted: November 27, 2014
UAE. The Dubai Chamber-organised annual conference dealt with a wide variety of topics on e-commerce, the benefits of doing business on the online platform Alibaba.com, including important information about working with Chinese traders.
Posted: November 27, 2014
UAE. Online spending is on the rise across the region and is likely to hit record levels during the holiday season.
Posted: November 27, 2014
UAE. A panel of experts drawn from private banks and trusted advisers assessed the awards, with judges looking for independence, integrity and genuine insight from shortlisted companies.
Posted: November 27, 2014
SAUDI ARABIA. Saudi Arabia is experiencing exponential growth in its ports and shipping sectors totaling more than US$30 billion within the government's current five-year plan.
Posted: November 27, 2014
QATAR. Public and private infrastructure investment to soar as economy continue to grow.
Posted: November 26, 2014
UAE. Revolutionary design defines new Discovery family; Unique-in-segment 5+2 seating versatility in a more compact footprint than traditional seven-seat SUVs; Unrivalled all-terrain performance essential to Land Rover DNA.
Posted: November 26, 2014
UAE. FTTH Council MENA study reveals regional uptake in FTTH technology.
Posted: November 26, 2014
UAE. The integrity, transparency, and accountability of auditors are central to the sound functioning of our world, said Sheikh Nahyan in a keynote speech.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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