UAE. Nada al Qassimi was the head of media and marketing at the Dubai Health Authority when the company hired to run the campaign on diabetes botched the job. Having seen too many companies, especially foreign ones, run bad campaigns because of the lack of understanding of the local culture, she decided to open her own company, Two 12, in the midst of the recession in March 2008, to provide better marketing and advertising services to organisations in the UAE.
Over in Abu Dhabi, Ziad al Khaja and Abboud al Braiki of Visual Advertising created the city’s first roadside recycling bins that g
Posted: May 2, 2016
UAE. Average villa yields of 4.7% and apartments at 7.5% put affordable units at top of investor and tenant wish list; villa and apartment sales remain flat with prices down just 1.1% and 0.7% respectively, according to Chestertons MENA latest report.
Posted: May 2, 2016
INTERNATIONAL. PE firms exited 44 companies in 2015, compared to 39 in 2014 and 2013; Hold period exceeds six years as macroeconomic uncertainty increases; Financial services remains the most common sector for exits.
Posted: April 29, 2016
INTERNATIONAL. The investment community is significantly more likely than CEOs to consider misaligned performance incentives as a barrier to change: almost half (49%) of investors surveyed in the report flagged this as a major concern compared to only 17% of chief executives.
Posted: April 28, 2016
UAE. 51% of all Dubai hotels in mid-market segment versus 89% in New York; PwC research released at ATM 2016 touts construction figure of US$80k per room as incentive for developers looking for solid returns in high demand segment.
Posted: April 27, 2016
UAE. The offerings use mobile technology to engage people of all ages, locally and globally, with the aim to positively impact Education, Health, Global Sustainability and Financial Literacy.
Posted: April 26, 2016
The residential and hotel market experienced a general slowdown, while the office and retail segments witnessed some marginal growth, according to JLL's Q1 2016 Riyadh Real Estate Outlook
Posted: April 25, 2016
UAE. This article explores some of the common pitfalls and tricky issues which arise in relation to statutory Gratuity in the UAE. This is, however, a regional issue and many of the points flagged will apply equally across the Middle East.
Posted: April 21, 2016
UAE. Residential sales index recorded a drop of 10%, while the general rental index declined at a slower rate of 5%, according to JLL Q1 2016 Dubai Real Estate Market report.
Posted: April 20, 2016
UAE. Latest quarterly global survey from ACCA shows businesses less optimistic in Q1 16/17 than at any other time in the past four years; UAE investment intention dipped and expectations of government spending tumbled, but the region is expected to do well in its tourism and logistics sectors.
Posted: April 19, 2016
INTERNATIONAL. The growth in the CVC market is explored in a new EY report, which looks at the variety of strategies, approaches and models adopted by mature enterprises to access disruptive innovation.
Posted: April 18, 2016
UAE. The disagreement is mainly due to Tehran's resistance to the idea of an output freeze; Saudi Arabia is not willing to do a deal without Iran's participation as this could ignite a market share war.
Posted: April 16, 2016
SAUDI ARABIA. There have been misconceptions on the ability of women to work in the Kingdom and it is important to note that the amended labour law has a number of provisions which are expected to encourage women working.
Posted: April 15, 2016
INTERNATIONAL. Lack of digital culture, talent and clear digital operations vision are the biggest UK challenges; UK firms set to invest c2.5% of annual digital revenues in digitisation compared to c5% globally.
Posted: April 14, 2016
INTERNATIONAL. Despite the impact of low oil prices and civil unrest on many countries in the Middle East, a number of economies have a favourable long-term growth outlook, including the UAE, Iran, Qatar, Saudi Arabia and Tunisia.
Posted: April 13, 2016
INTERNATIONAL. The downward revision of Fitch's oil price assumptions for 2016 and 2017 to US$35/b and US$45/b, respectively, has major negative implications for Saudi Arabia's fiscal and external balances.