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Posted: 07-08-2011
UAE. Majid Al Futtaim Properties, the leading developer and operator of shopping malls together with hotels and mixed-use ‎community projects in the MENA region, announced that it has commenced works on the first phase of Khams Shamat, its 1.5 million square metres mixed-use project in Syria. The project, which is being developed in the Yaafour district, 17 km west of Damascus, will be developed through multiple phases with an estimated cost exceeding US$ 1 billion. Peter Walichnowski, CEO, Majid Al Futtaim Properties, said: “Khams Shamat is a significant project within our expansion s
Posted: December 8, 2017
INTERNATIONAL. While these predictions do not constitute Saxo's official market forecasts for 2018, they represent a warning of a potential misallocation of risk among investors who typically see just a one percent likelihood to these events materialising; 2018 will be a true roller coaster ride compared to an outrageously placid 2017.
Posted: December 8, 2017
UAE. Middle Eastern countries could not lag behind in this game of innovation and creativity: The UAE is still ahead in the race, but Egypt, Lebanon and Jordan are quickly catching up.
Posted: December 5, 2017
LEBANON. Byblos Bank, in cooperation with the Olayan School of Business at the American University of Beirut, issued the results of the Byblos Bank/AUB Consumer Confidence Index for Q3 2017.
Posted: December 4, 2017
UAE. Stable energy prices will underpin growth, with the price for Brent crude oil fluctuating in a tight range of US$50-60 per barrel; Regional political instability remains the main risk to MENA economies.
Posted: November 30, 2017
LEBANON. Top 5 interns awarded with gift vouchers of 10,000 Points/Miles from Akram Program, the bank's flagship card loyalty program (USD 1=1 Point/Mile).
Posted: November 28, 2017
LEBANON. Aspiring Social Media influencers can now be a part of the biggest digital influencer competition and series in the region.
Posted: November 28, 2017
LEBANON. Three winning teams Lisan, Yummy, and Sinbad were selected in recognition of their unique entrepreneurial projects.
Posted: November 7, 2017
LEBANON. Phoenix Energy will partner with Infinity Solar of Egypt and IB Vogt of Germany to develop a 50 MW solar PV power plant in Benban Solar Park near Aswan, Egypt.
Posted: November 1, 2017
LEBANON. Users can access their accounts with their fingerprint and an OTP (one-time password).
Posted: October 31, 2017
LEBANON. "Neither the local macroeconomic dynamics nor the environment backdrop have been supportive of housing demand. But instead of providing incentives to potential buyers, authorities increased various taxes and fees on a sluggish real estate sector."
Posted: October 27, 2017
LEBANON. 79% of Beirut residents rate the availability of educational institutes as 'good' or 'excellent' and 81% rate quality of education as 'good' or 'excellent' .
Posted: October 26, 2017
LEBANON. Prudent lending policy, lower risk appetite in some overseas markets, high liquidity levels, and the deconsolidation of investments in some markets, resulted in a slight increase in Net Profit of 0.8%.
Posted: October 21, 2017
SAUDI ARABIA. Napco National will meet with food and beverage manufacturers about packaging raw materials, lightweighting, and recyclability at Gulfood Manufacturing 2017 in Dubai.
Posted: October 9, 2017
UAE. Booster program for tech startups proves great value for money in international rankings; The Nucleus run by the UK Lebanon Tech Hub tops ranking.
Posted: October 6, 2017
JORDAN. Selectchemie is one of the leading European companies, headquartered in Zurich serving the pharmaceutical and human nutrition industries since 1969 as a premier supplier of high quality ingredients.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 15, 2017
INTERNATIONAL. AI will create 2.3 million jobs in 2020, while eliminating 1.8 million.
date:Posted: December 15, 2017
INTERNATIONAL. Nearly all (94%) device makers have invested in software development in the past five years; Nine in 10 (88%) believe the Internet of Things (IoT) is driving growth within the manufacturing industry; 84% have changed their business model to put software at its core in delivering services and generating revenue.
date:Posted: December 14, 2017
UAE. As the interconnection junction between network providers, cloud providers and the enterprise, Equinix has a unique perspective on IT trends and where things are headed.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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