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Business Life

FEATURED REPORT...
Posted: 26-03-2008
INTERNATIONAL. The number of Employee Stock Ownership Plans (ESOPs) companies has grown substantially during the past 10 years, and they are currently estimated to hold more than half a trillion dollars in assets and cover over 10 million workers in the US alone. The main reason for this growth is that ESOPs succeeded in increasing employee loyalty and commitment to an organisation which resulted in improving corporate financial transactions significantly. According to a recent comprehensive study – which paired 1,100 ESOP companies with 1,100 comparable non-ESOP companies – ESOPs appear
Posted: November 20, 2009
UAE. Lee Westwood is back on course for a US$2.6 million jackpot on Sunday following a day of amazing twists and turns at the Dubai World Championship.
Posted: November 20, 2009
UAE. Race to Dubai leader Rory McIlroy was in a tie for fifth, but that was not good enough to make him the youngest Tour number one since Seve Ballesteros in 1976 with Lee Westwood in a tie for second.
Posted: November 19, 2009
UAE. As the national supporter of the FIFA Club World Cup, Etisalat announced its sponsorship activation for the FIFA Beach Soccer World Cup being held at Jumeirah Beach.
Posted: November 19, 2009
UAE. The Club will open to members on 1 December 2009.
Posted: November 19, 2009
UAE. The campaign calls on all football teams in the UAE to participate in the competition by nominating the player 'Every Team Needs', a player that is their team's most skilful game changer.
Posted: November 17, 2009
INTERNATIONAL. Daimler and Abu Dhabi fund Aabar Investments are paying about US$183 million to buy Brawn Grand Prix, whose driver Jenson Button won this year's Formula One championship.
Posted: November 17, 2009
QATAR. The Gulf state of Qatar Saturday night hosted the classic encounter in world football between England and Brazil, with the international match in preparation for next summer's World Cup in South Africa.
Posted: November 16, 2009
UAE. Sergio Garcia gets his first look at the stunning new Earth course as the world's leading players arrived at Jumeirah Golf Estates.
Posted: November 16, 2009
UAE. Flash Entertainment has announced news to thrill music fans across the region, as worldwide pop sensation Rihanna is set to make her Middle East debut, bringing in 2010 in true style in what promises to be the ultimate New Year's Eve celebration for Abu Dhabi.
Posted: November 16, 2009
UAE. This year, local rugby players from the UAE were joined by international teams from as far afield as Russia, Qatar, Bahrain and Kuwait.
Posted: November 15, 2009
INTERNATIONAL. Swiss defender Alinghi still hopes to hold the next edition of the America's Cup in the Gulf emirate of Ras al-Khaimah, even though it has declared its readiness to stage it in Spain, sources at US challenger Oracle said.
Posted: November 15, 2009
UAE. Coveted Lebanese-Armenian pianist and composer, Guy Manoukian, a world-renowned musician, will be performing live at The Palladium in Dubai Media City at an exclusive concert on 20 November.
Posted: November 15, 2009
UAE. DACC has announced that it will participate in the upcoming Dubai Airshow 2009, the premier industry event and the world's fastest-growing airshow, which takes place from 15-19 November 2009, at the Airport Expo, Dubai.
Posted: November 15, 2009
UAE. Over 350 women belonging to different age groups and nationalities participated in a sports and wellness day organised by 'Fruit & Form'.
Posted: November 15, 2009
INTERNATIONAL. Rihanna fans worldwide will join the superstar for an exclusive live, streamed performance from London on Monday.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 19, 2009
INTERNATIONAL. A majority of investors expects the US Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November.
date:Posted: November 19, 2009
INTERNATIONAL. Faber said, considering the size of the stimulus packages and the monetary printing, the US economy hasn't responded well. What have responded well are asset markets but unemployment is horrrible and the typical household is suffering.
date:Posted: November 18, 2009
INTERNATIONAL. The global health industry is worth around US$4.2 trillion. As GCC countries continue to develop world class healthcare systems, they must avoid pitfalls of the developed markets, according to AT Kearney.
UAE. Dubai ruler Sheikh Mohammed Bin Rashid Al-Maktoum tightened the control of the emirate's largest holding company, the Investment Corporation of Dubai.
INTERNATIONAL. This situation gives rise to increasingly positive prospects for gold and other commodities that may ultimately stand in as the world's reserve currency. And there are some pretty hot speculative prospects - Louis' 'best of the best' - waiting in the wings for the market's next big leg down.