25th July, 2014, 04:38
UAE
FEATURED REPORT...
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: July 24, 2014
UAE. In March, TAQA said a consortium led by it had agreed to buy the two power plants from Jaiprakash Power Ventures; TAQA senior official states "a change in strategy."
Posted: July 24, 2014
UAE. There is evidence of a more litigious approach developing in the area of medical malpractice. Damages awards which have historically been low, are now on an upwards trend.
Posted: July 24, 2014
UAE. Like Swiss Emmental Cheese, the ways your online banking accounts are protected might be full of holes, according to a new Trend Micro whitepaper.
Posted: July 24, 2014
UAE. "We believe these results represent a strong client endorsement of Deloitte's security consulting services."
Posted: July 24, 2014
UAE. The growth is partly attributable to net inflows of CHF 2.4 billion; The Group's net consolidated earnings have risen, by 6.2%, to CHF 82 million (US$92.5 million); With its Tier 1 ratio of 28%, UBP is one of the best-capitalised Swiss banks.
Posted: July 24, 2014
UAE. Report data shows that 64% of TV viewers in Saudi Arabia and 50% in the UAE are engaged in other digital activities simultaneously, higher than the global average.
Posted: July 24, 2014
UAE. "I have focused management efforts on balance sheet optimization, diversification of income, addressing the legacy NPL position, improved capital efficiency and stronger liquidity."
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Posted: July 24, 2014
UAE. First-half throughput grew 9.3 percent on a like-for-like basis to 29.4 million twenty-foot equivalent units across its group of container terminals.
Posted: July 24, 2014
UAE. The recent Budget Statement looks set to bring about a sea change in the tax regime surrounding domestic and international investment.
Posted: July 24, 2014
UAE. Overall group revenue up 14% year-on-year to AED 12.8 billion for H1 2014; Successful opening of the Mall of the Emirates Fashion District; Issued its first 10 year US$$500 million bond.
Posted: July 23, 2014
UAE. Colliers' Capital Flows Quarterly Report highlights Middle East investors' appetite for alternative product including hotels and serviced apartments.
Posted: July 23, 2014
UAE. Net profit increased to AED 1.16 billion; Operating income up by 26% YoY to AED 2.9 billion; Liquid assets stand at 29%; Capital adequacy steady at 16.1%.
Posted: July 23, 2014
UAE. Net Profit for H1 2014 Notches up AED114.6 million, an increase of 145% from AED46.6 million for H1 2013; Launched bespoke hotel apartment project "The Atria" in Business Bay in Q2 FY14.
Posted: July 23, 2014
UAE. GCC equity markets bounce back strongly as profits surge; India boosts bank lending to long-term infrastructure projects; Major central banks remain accommodative; Watch US inflation data for clues to the future trajectory of interest rates.
Posted: July 23, 2014
UAE. The UAE Central Bank has announced recently a new lending facility to assist banks which face short term liquidity shortfalls in the future.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: July 24, 2014
UAE. There is evidence of a more litigious approach developing in the area of medical malpractice. Damages awards which have historically been low, are now on an upwards trend.
date:Posted: July 24, 2014
UAE. Report data shows that 64% of TV viewers in Saudi Arabia and 50% in the UAE are engaged in other digital activities simultaneously, higher than the global average.
date:Posted: July 24, 2014
INTERNATIONAL. The world is well aware of the concerns around terrorism and Nigeria's ongoing struggle with poverty. However the report finds that Nigeria has the potential to expand its economy by roughly 7.1% per year through 2030.
UAE. Report data shows that 64% of TV viewers in Saudi Arabia and 50% in the UAE are engaged in other digital activities simultaneously, higher than the global average.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
