JORDAN. Price stability continues across the Jordanian property sector, which is showing positive activity in both apartment and villa sales and leasing, according to Asteco Property Management’s Q2 2011 report.
“Despite regional political conflict, Jordan has remained consistent economically. Government statistics indicate the property sector has played a substantial role in this ongoing stability, indicating a 42% increase in all property and land transactions over the quarter.
Rental prices for two-bedroom apartments ranged from JOD3,000 and JOD13,000 per annum, with three-bedro
Posted: October 28, 2014
UAE. PwC commissioned a survey of more than 500 retail banking customers in the GCC, to find out what customers really want.
Posted: October 26, 2014
UAE. Standard Chartered Bank hosts second Annual Global Research Briefing sessions for its clients in the UAE; Briefings also held in Jordan, Bahrain and Qatar.
Posted: October 14, 2014
INTERNATIONAL. Yahoo will continue to support its websites in the Middle East from Dubai and other regional offices; CEO Marissa Mayer is also eliminating about 400 positions in Bangalore.
Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 23, 2014
UAE. "On the whole, the outlook for the region is a good one;" 35% of respondents claim job opportunities will increase; Concerns about rising cost of living.
Posted: September 9, 2014
EGYPT. US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State.
Posted: September 8, 2014
UAE. Investment is fifth in the region; Al Jazeera is the only fully integrated poultry and chicken feed producer and distributor in Jordan.
Posted: September 1, 2014
JORDAN. The market recorded an increase in profit after tax to JOD 13.7 million in 2013, stemming from improved returns on underwriting and investment activities. Partially assisting this recovery has been the bullish performance of the Amman stock exchange.
Posted: August 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.
Posted: August 25, 2014
UAE. With its oil wealth, population growth and strong demand for industrial and consumer goods, the MENA region is an attractive market. There are, however, potential pitfalls in doing business, particularly when it comes to appointing local agents to distribute products in the region.
Posted: August 19, 2014
UAE. Executives and junior executives are especially in demand amongst MENA employers, according to Bayt.com and YouGov survey.
Posted: August 6, 2014
UAE. It is said that education is the best investment you can make for yourself and for your children. The affluent population in the Middle East appear to agree. They are also amongst the most digitally plugged-in in the world.
Posted: August 4, 2014
JORDAN. Elects to divest stake in project that it co-developed, attracting foreign institutional investors.
Posted: July 15, 2014
UAE. 81% state finding a job is the biggest challenge, with banking and finance being the preferred industry to work in.
Posted: July 14, 2014
UAE. The industry will see a slowdown in the summer months, however EY report remains positive and predicts strong growth through the rest of 2014.
date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.