Business Life

FEATURED REPORT...
Posted: 03-08-2011
INTERNATIONAL. New York is famed as "the city that never sleeps" but London, reveals a new study, sleeps even less, as do over 30 other cities worldwide. None sleepless than Cairo, the strife-torn capital of Egypt, which is today named the "world's most 24-hour" city by a study of the world's most round-the-clock metropolises. But New York ranks a humiliating 32nd, behind London (17th), Paris (18th), Rome (27th) and an embarrassingly long list of other cities. The first global ranking of the world's "most 24-hour" - or most nocturnal - cities, comes from analysing 120 million online chat
Posted: January 14, 2014
UAE. Lebanese soprano and international legend to close inaugural classical music festival at Dubai World Trade Centre on February 8, 2014.
Posted: January 8, 2014
INTERNATIONAL. FIFA general secretary Jerome Valcke said on Wednesday that the 2022 soccer World Cup finals will not be played in the blistering hot summer months in Qatar.
Posted: December 29, 2013
UAE. Colourful fireworks display will create 10 spectacular never-before-seen effects; Downtown Dubai set to welcome millions of visitors; Live streaming on YouTube to reach millions of online viewers.
Posted: December 18, 2013
QATAR. Amnesty International is calling on the Qatari authorities to address the plight of the employees of LTC who were working in conditions that may amount to forced labour.
Posted: December 9, 2013
UAE. The survey show that CR Reporting in the UAE has progressed at a slower rate than in the rest of the world.
Posted: December 5, 2013
INTERNATIONAL. 68% of executives are optimistic about the global economy in the year ahead expecting to see growth and an improving M&A deal environment and anticipate either maintaining or growing their current workforce.
Posted: December 2, 2013
QATAR. Considering that the World Cup is being held in Qatar in 2022, the combination of both events in a reasonably short timeframe should provide considerable impetus to growth in the UAE, Qatar and the GCC as a whole.
Posted: December 1, 2013
QATAR. "FIFPro has the attention of Qatar's leading football officials," said FIFPro delegate Mads Oland after meeting Hassan Al Thawadi, secretary general of the Qatar 2022 Supreme Committee.
Posted: November 27, 2013
SAUDI ARABIA. The top security chief stressed that the globally unique ban on driving for women was "a matter to be decided by the legislative authority."
Posted: November 9, 2013
BAHRAIN. A recent survey conducted by HSBC, has ranked Bahrain second worldwide, and highest in the Middle East, in terms of the experience workers had while living overseas.
Posted: October 28, 2013
UAE. UAE Western expatriates see the UAE as an ideal place to live, work and save, according to the first Standard Life Western Expatriate Wealth Study.
Posted: October 25, 2013
SAUDI ARABIA. The group, named the "26th October Women's Driving Campaign," called on the government to provide "a valid and legal justification" for maintaining the ban, and "not simply defer to social consensus."
Posted: October 18, 2013
INTERNATIONAL. A young Chinese couple are facing criminal punishment for "selling" their daughter and using part of the proceeds to buy an Apple iPhone.
Posted: October 18, 2013
UAE. One year campaign highlights the "coercive recruitment, and deplorable living and working conditions" of migrant labourers who are building the Guggenheim, the Louvre, and the Sheikh Zayed National Museum.
Posted: October 11, 2013
SAUDI ARABIA. Saudi women are increasingly getting behind the wheel in defiance of a driving ban ahead of a nationwide campaign planned by female activists for later this month.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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