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: October 17, 2014
UAE. Event drives regional ICT industry to new heights; International technology giants partner with local industry leaders to transform regional ICT sector; "GITEX is unique in this region."
Posted: October 16, 2014
INTERNATIONAL. U.S.-led coalition warplanes launched their heaviest bombardment yet on the militants, who have been assaulting Kobani for nearly a month.
Posted: October 16, 2014
UAE. Dubai shares headed for the biggest weekly slump since December 2008 as oil extended its drop and on concern global growth may slow. Stocks in Saudi Arabia tumbled.
Posted: October 16, 2014
UAE. The Nexus 9 fuses HTC's design excellence with Google's latest Android Lollipop software to deliver a premium tablet experience.
Posted: October 16, 2014
UAE. Emirate Global Aluminium heads strong growth across region; Industry has the right fundamentals to survive and thrive.
Posted: October 16, 2014
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
Posted: October 16, 2014
UAE. When it comes to securing the privileged passwords, IT professionals seem to be not paying much importance, and are following flawed practices.
Posted: October 16, 2014
UAE. UAE employers will need to increase their focus on adopting organizational capability towards fast changing technology landscape to give their workers the right mix of skills.
Posted: October 15, 2014
INTERNATIONAL. Kurdish and Iraqi forces fought to hold back advancing jihadists on the Syria-Turkey border and near Baghdad as Washington pushed to rally its allies against the Islamic State group.
Posted: October 15, 2014
UAE. Amanat Holdings, the Dubai startup that's selling shares to the public this month, plans to spend about 1.75 billion dirhams buying stakes in three to six healthcare and education companies.
Posted: October 15, 2014
UAE. The IMF revises GCC growth higher, but GCC equities head lower; Concerns on global growth spur flight to safety; The USD may have peaked short-term.
Posted: October 15, 2014
UAE. Located in Jebel Ali, LEGOLAND Dubai will cover a total of three million square feet and feature over 15,000 LEGO model structures made from more than 60 million LEGO bricks; To feature six themed areas.
Posted: October 15, 2014
UAE. FGB sells entire 45% stake in First Gulf Financial Services; Founded in 2001 FGFS deals in local equities on the Abu Dhabi and Dubai stock markets.
Posted: October 15, 2014
UAE. The prevailing aspiration of any business is performance, while that of society is progress. Global Business Leaders Conference, held by INSEAD, explores how these objectives can work together.
Posted: October 15, 2014
UAE. The UAE has been increasingly attracting international investment and businesses across the world, keen to tap into the country's tech opportunities.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 16, 2014
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
date:Posted: October 15, 2014
UAE. The IMF revises GCC growth higher, but GCC equities head lower; Concerns on global growth spur flight to safety; The USD may have peaked short-term.
date:Posted: October 15, 2014
UAE. Expedia/Egencia study examines how mobile devices impact travel; Second only to India, UAE travelers are the most dependent on mobile devices - with 86% saying their smartphone is "very important/critical" versus 76% globally.
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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