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Posted: 01-08-2011
UAE. Results from the recently concluded Consumer Confidence Index survey conducted jointly by Bayt.com, the Middle East’s number one job site, and research and consulting organisation YouGov shows that residents in the UAE hold an optimistic view of their personal financial future, as well as of the country’s economy. However, a majority of surveyed employees feel that the current remuneration is not in line with the cost of living, with only 17% believing that now is a good time to buy consumer durables. According to the Bayt.com quarterly MENA Consumer Confidence Index survey, expec
Posted: August 27, 2014
UAE. Hasan Ismaik and Aabar, a government-linked investment company that wants to increase its stake in Arabtec, are still in talks about the sale; The offer may involve as much as half of Ismaik's holding.
Posted: August 27, 2014
INTERNATIONAL. Aircraft from the United Arab Emirates and Egypt attacked militia forces in Libya over the past week, the Pentagon's spokesman said, disapproving of the intervention.
Posted: August 27, 2014
UAE. "Zoukontent", an exclusive technology designed to create a smooth transition between website content and sponsored advertisements, with optimal audience engagement.
Posted: August 27, 2014
UAE. S&P's rating was based on ADNIC's strong financial risk profile and satisfactory business risk profile, as well as its capital and earning strength and diverse investment portfolio.
Posted: August 27, 2014
UAE. Acclaimed club offers industry leaders privileged event access, VIP programme, and year-round networking opportunities.
Posted: August 27, 2014
UAE. New Modern Standard Arabic dictionary features over 130,000 words and phrases, 200,000 translations, 70,000 real example phrases.
Posted: August 27, 2014
UAE. HBL Irtiqa'a is specifically for SMEs who have been operational for three years or more and want to develop and expand their business; the new offering enables investment in essential growth elements such as new premises, equipment and inventory.
Posted: August 27, 2014
UAE. The work is being undertaken with Dubai Expo 2020 by a consortium made up of HOK and Arup, which continue their association with the project from the successful bid phase.
Posted: August 26, 2014
UAE. Population growth, industrial expansion and demand for power has had a dramatic impact on the Middle East gas industry with many countries turning to imports to keep pace.
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 26, 2014
UAE. The UAE had no comment after U.S. officials said warplanes from the Gulf state had secretly bombed Islamist militia targets in Libya flying from bases in Egypt.
Posted: August 26, 2014
UAE. Phase Two will add 25,000m2 in gross leasable area (GLA); Multi-stage redevelopment, worth more than AED1 billion, includes a new 24 screen VOX Cinemas and further entertainment, dining and retail experiences.
Posted: August 25, 2014
SYRIA. "JLL's intent is to deliver an inviting community retail environment which cements the metro stations as local hubs."
Posted: August 25, 2014
UAE. Karim Daoud, MD of Pearson's Middle East Hub says the commendable performance of Saudi Arabia, the UAE and Qatar in the 2014 Index is in part due to the commitment seen in these countries to embedding meaningful education reform.
Posted: August 25, 2014
INTERNATIONAL. Commodities have been generally flat on the week as a rise in industrial metals was offset by losses across other sectors such as metals and grains.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 26, 2014
INTERNATIONAL. Is it time to stop thinking about stabilizing Syria and Iraq and start thinking of a new dynamic outside of the artificial states that no longer function? To do this, we need to go back to Lebanon, the first state that disintegrated and the first place where clans took control of their own destiny.
date:Posted: August 25, 2014
INTERNATIONAL. Commodities have been generally flat on the week as a rise in industrial metals was offset by losses across other sectors such as metals and grains.
date: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.
SAUDI ARABIA. Strong demand fundamentals combined with increased public and private sector spending pushed up the average sales price; Momentum expected to continue as Riyadh attracts and promotes investment in industrial and supporting logistics facilities.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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