19th May, 2013, 03:59
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UAE
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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: May 18, 2013
UAE. "The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries."
Posted: May 17, 2013
UAE. Red Hat's Mark Little and Tom Llewellyn explain how Large-scale Elastic Architecture for Data-as-a-Service (LEADS) will enable enterprises to leverage all of the public data on the web against privately held data.
Posted: May 17, 2013
UAE. For those businesses yet to participate in the Middle East healthcare sector expansion, there is still time; investment in the field will be sustained, if only because of investment by the Saudi government.
Posted: May 17, 2013
UAE. It would replace a US$700 million 12-year term loan raised in 2005 to fund construction of Atlantis, according to two people with knowledge of the matter.
Posted: May 17, 2013
UAE. Saudi Arabia's SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.
Posted: May 17, 2013
INTERNATIONAL. Amid the saga to have Cyril Karabus freed, the World Medical Association issued a cautionary advisory notice to doctors thinking of working in the UAE.
Posted: May 17, 2013
UAE. CEO and Co-founder of biz-group received a "Gazelles Core Values" Award last week in honour of her outstanding work as a Gazelles strategy coach in the Middle East.
Posted: May 17, 2013
UAE. New alliance to explore potential development of US$1.5 billion in carbon capture, renewable energy, desalination and cleantech venture capital projects.
Posted: May 17, 2013
UAE. Peter Roche will lead the overall strategic direction and business contribution of the human resources department at Arabtec Construction LLC.
Posted: May 16, 2013
UAE. The consequences of not being classified means that a company may not be able to hold a commercial license issued by the Abu Dhabi Department of Economic Development.
Posted: May 16, 2013
UAE. Trade Navigator on TradingFloor.com is a new trading tool that provides daily technical insight into around 200 instruments.
Posted: May 16, 2013
UAE. Frost & Sullivan webinar concluded that low penetration in large enterprises widens scope for adoption of security solutions.
Posted: May 16, 2013
INTERNATIONAL. Emerging markets have become the engines of global growth as their global influence increases, leaving developed markets in their shade, according to HSBC Global Asset Management.
Posted: May 16, 2013
UAE. "The future is with the youth, and they need to work hard to gain success. Life is a struggle and the more you put into it the more you will gain."
Posted: May 16, 2013
UAE. Long term issuer ratings maintained at Baa1; Ratings outlook upgraded to stable; Capital adequacy, easing asset quality pressure and profitability outlook cited as reasons for decision.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: May 18, 2013
UAE. "The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries."
date:Posted: May 17, 2013
EGYPT. The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.
date:Posted: May 17, 2013
UAE. Red Hat's Mark Little and Tom Llewellyn explain how Large-scale Elastic Architecture for Data-as-a-Service (LEADS) will enable enterprises to leverage all of the public data on the web against privately held data.
INTERNATIONAL. Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence.
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.
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