Business News

FEATURED REPORT...
Posted: 02-08-2011
UAE. Classic brands are playing by different rules today to grow in the new markets of the East. But is the “New Look” worth it? The continued growth of emerging markets like the Middle East and China are “transforming the luxury industry”, said Claudio D’Arpizio, a Bain & Company partner and lead author of its ‘Spring 2011 Update: Luxury Goods Worldwide Market Study’ upon the report’s release in May. “Luxury has made a brilliant return to the retail stage, but the script has been re-written” to suit both the escalating demand and the new consumer. The Chalhoub Group,
Posted: April 29, 2016
SAUDI ARABIA. SAGIA announced in early 2016 their plan to focus on priority sectors identified as having a direct impact on economic and human development, including healthcare.
Posted: April 29, 2016
INTERNATIONAL. Nearly two dozen major acquisitions in first four months of 2016 already eclipsing 2015's record run rate; Cisco, IBM & Intel are among top buyers.
Posted: April 29, 2016
UAE. A partner in the firm for 20 years, Kevin has held numerous leadership roles including head of advisory from 2008 to 2012.
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
INTERNATIONAL. Smart home, beacon, wearable, and other nascent IoT applications including energy management and smart cities are to propel the wireless IoT connectivity market forward.
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 28, 2016
UAE. Company strengthens presence in the region with five new deals and five openings in 2016 across the UAE, Saudi Arabia and Qatar.
Posted: April 28, 2016
INTERNATIONAL. Key sessions include speeches from CEOs of Shell and Saudi Aramco, OPEC and UNFCCC leaders and a welcoming address from the President of Turkey.
Posted: April 28, 2016
OMAN. With two Autoclave lines for medical waste treatment having a capacity of 150 kg/hr and 200 kg/hr, the daily treatment capacity is expected to double.
Posted: April 27, 2016
UAE. Residential values drop 2.2% in Q1 2016; Strongest quarterly decrease in five years and the seventh consecutive quarterly decline, according to Cluttons.
Posted: April 27, 2016
QATAR. The global leader in the elevator and escalator industry has won an order to supply elevators and escalators for the Qatar Rail project in Doha.
Posted: April 27, 2016
SAUDI ARABIA. Although this represents positive news, the key will be the materialization of infrastructure projects and utilizing white lands to reverse the recent slowdown.
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 27, 2016
INTERNATIONAL. The results show that the majority (84 per cent) of 'Remain' voters believe staying in the EU will be economically better for the UK.
Posted: April 27, 2016
UAE. The system expansion will deliver new insights for the telco, enabling the experiences of different customers and segments to be more effectively monitored and managed.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 29, 2016
SAUDI ARABIA. SAGIA announced in early 2016 their plan to focus on priority sectors identified as having a direct impact on economic and human development, including healthcare.
date: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.
date: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.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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