UAE. The Islamic finance industry is pegged to grow at 15%-20% per year. 63% of Islamic finance institutions are in the Middle East, controlling more than 50% of Islamic banking assets.
These statistics were discussed at the recently concluded first ever Oman Islamic Banking Conference.
“Oman’s move to Islamic finance comes at just the right time as ethical finance gains a foothold around the world. The speakers illuminated a number of key aspects of the industry and question time after each presentation was lively as delegates delved deeper into the topic. We are proud to be supporting
Posted: April 11, 2013
UAE. The report ranks three GCC countries in the top 30 list globally, and another two in the top 40: Qatar (23), the United Arab Emirates (25), Bahrain (29), Saudi Arabia (31) and Oman (40), demonstrating that they continue to embrace ICT to boost their country's competitiveness.
Posted: April 7, 2013
UAE. Survey results based on face-to-face interviews with 3,000 Arab youth between the ages of 18 to 24 in 15 Arab nations.
Posted: March 27, 2013
UAE. A recent study by The Boston Consulting Group shows that Middle East banking revenues continued to grow at single digit rates in 2012 with a 6.9% increase, whilst profits increased by 8.1% due to an overproportional increase in extraordinary income; Increase in total LLPs driven by Saudi Arabia and Kuwait.
Posted: March 24, 2013
UAE. Pioneering study by Dubai School of Government and SAP focusing on Arab youth, reveals 86% believe social media empowers entrepreneurs.
Posted: March 21, 2013
UAE. Findings revealed in most comprehensive study by Dubai School of Government and SAP on region's social media trends.
Posted: March 18, 2013
UAE. 55% of MENA residents believe business conditions will also become better, according to the latest MENA Consumer Confidence Index Survey conducted by Bayt.com and YouGov.
Posted: March 15, 2013
INTERNATIONAL. Arab States could reap a major "demographic dividend" if they can convert their advances in education into employment opportunities for youth, says the 2013 Human Development Report.
Posted: March 4, 2013
UAE. World Economic Forum, in collaboration with Accenture, releases report on countries' energy systems; "Significant renewable energy projects in the GCC are expected to see the Middle East's rankings rise in future reports."
Posted: February 25, 2013
UAE. 43% of respondents report an increase in business travel budgets during 2012; KSA and UAE most popular business travel destinations among respondents in 2012; 29% of business travelers surveyed flew in a premium class in 2012.
Posted: February 24, 2013
UAE. The majority of employees stay no longer than five years in a job; Multinationals seen as having highest retention rates; 60.2% state that retention today is lower than in previous generations.
Posted: February 20, 2013
BAHRAIN. Optimistic outlook for GCC equities forms the basis of a report from Bahrain-based regional investment bank, Securities & Investment Company (SICO).
Posted: February 19, 2013
UAE. Swiss structured cabling specialist is already working closely with Telcos in Saudi Arabia, UAE and Oman on large scale FTTH deployments.
Posted: February 17, 2013
UAE. 30% of MENA employers are "definitely hiring", an additional 27% say they are "probably hiring"; In the UAE, 35% of the companies are "definitely hiring" in the next three months.
Posted: February 12, 2013
UAE. With a focus on dividends, VTB applies a set of quantitative metrics to arrive at its top 15 stocks across the MENA universe to play a dividend opportunity theme.
Posted: February 11, 2013
INTERNATIONAL. "Weaknesses include the quality of policy debate; the strength and depth of institutions; transparency of decision-making; data monitoring and reliability of information; legal frameworks and the rule of law; and succession risks."
date:Posted: June 19, 2013
INTERNATIONAL. Year-to-date, the gold futures have corrected 18.43% to US$1,367 while the CRB Commodities Index dropped 2.91% and the Dollar Index rose 1.06%.