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 30, 2014
QATAR. Speakers from U.S. Federal Reserve, Qatar National Bank and other major institutions to address challenges of the global economy.
Posted: September 30, 2014
UAE. Industry's first dedicated surveillance drive with rescue services optimized for reliable 24x7 video surveillance systems.
Posted: September 30, 2014
UAE. The rise is forcing operators to revaluate their customer service, prompting them to find more interactive and engaging means to communicate.
Posted: September 30, 2014
UAE. The new one-to-one business event for the MICE industry that has evolved from GIBTM, taking place at The St Regis Hotel Saadiyat Island Resort, Abu Dhabi from 10 - 12 February 2015.
Posted: September 30, 2014
SAUDI ARABIA. Regional mobile telecommunications group Virgin Mobile Middle East & Africa has launched the first Mobile Virtual Network Operator operation in Saudi Arabia.
Posted: September 30, 2014
SAUDI ARABIA. Ashmore, with about US$122 billion of assets under management, is opening an office in Riyadh to serve as a hub for the region, according to people with knowledge of the matter.
Posted: September 30, 2014
UAE. Investors, regulators and tax authorities are pushing the choice of fund domicile to the fore with requirements for good corporate governance, transparency and financial regulation.
Posted: September 29, 2014
UAE. Preventative measures made available to all to prevent widespread outbreak.
Posted: September 29, 2014
UAE. Strategic approach to addressing this demand a focus of leading regional conference; With groundwater supplies almost exhausted in some countries, there is an urgent need for new water supply projects to come online.
Posted: September 29, 2014
UAE. Led by chief executive officer Paul Willing and the existing management team, Elian aims to deliver more value by setting the standard in terms of client service in the company, fund and trust administration industry.
Posted: September 29, 2014
SAUDI ARABIA. Acquisition as part of Alkhabeer's SME Private Equity Strategy; Asset management firm continues to expand its focus on new investment strategies in the region.
Posted: September 29, 2014
UAE. As we make the shift to the cloud era, computing's traditional building blocks are increasingly abstracted away.
Posted: September 29, 2014
UAE. The Foreign Account Tax Compliance Act (FATCA) is a new US law aimed at foreign financial institutions (FFIs) and other financial intermediaries to prevent tax evasion by US citizens and residents through the use of offshore accounts.
Posted: September 29, 2014
UAE. Booming GCC logistics sector continues to pile pressure on region's ports as trade demand outpaces infrastructure development; multi-billion dollar port expansion programmes and new GCC rail network to transform maritime landscape.
Posted: September 29, 2014
UAE. Arabtec originally announced in March that it had agreed with the Egyptian army to build the homes at 13 locations around the country on land provided free by the armed forces.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 2, 2014
UAE. "If the GCC is to maintain long-term sustainable growth, it will be very important to invest in education, increase productivity, and attract more foreign direct investment into high value industries, and step up more diverse export industries that are not dependent on commodities."
date:Posted: October 1, 2014
UAE. The UAE took part last week in U.S.-led airstrikes against Islamic State; Gulf Arabs regard Islamist groups as an existential challenge to their thriving economies and monarchies.
date:Posted: October 1, 2014
INTERNATIONAL. The Constitutional Court will keep challenging EU attempts at federalization and the Bundesbank will keep criticizing every measure that would reduce German sovereignty.
UAE. "If the GCC is to maintain long-term sustainable growth, it will be very important to invest in education, increase productivity, and attract more foreign direct investment into high value industries, and step up more diverse export industries that are not dependent on commodities."
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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