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: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
Posted: September 1, 2014
UAE. Developer completes first new project post-restructuring.
Posted: September 1, 2014
UAE. Research note sees key role for Sukuks over next decade in securing funds for major projects in Dubai.
Posted: September 1, 2014
UAE. Oxford Business Group signs Memorandum of Understanding with Dentons; The publication will also provide extensive coverage of the recently-issued 2014 Federal Law for SMEs.
Posted: September 1, 2014
INTERNATIONAL. Tthe step stemmed from political decisions taken after the June killing of three Israeli teenagers snatched from a roadside in the same area.
Posted: August 31, 2014
INTERNATIONAL. Talks on ending the conflict in eastern Ukraine must discuss statehood for the region, Vladimir Putin said, increasing Moscow's political demands for a resolution to the crisis.
Posted: August 31, 2014
UAE. Emaar to offer at least 15% of Emaar Malls Group; One of Middle East's largest equity sales since 2008; Shares to be listed in Dubai in October; Payout totalling US$2.45 billion to shareholders.
Posted: August 30, 2014
INTERNATIONAL. "I believe that in the wake of the Gaza war and the basis on which the ceasefire was established, a new momentum for peace negotiations might have been created."
Posted: August 30, 2014
INTERNATIONAL. Writing in the New York Times, a week before a NATO summit in Wales, Kerry urged "a united response led by the United States and the broadest possible coalition of nations."
Posted: August 30, 2014
SAUDI ARABIA. Terrorism at this time is an evil force that must be fought with wisdom and speed. And if neglected I'm sure after a month it will arrive in Europe and a month after that in America."
Posted: August 30, 2014
INTERNATIONAL. More than 70 Filipino peacekeepers had been trapped at two posts in Syria, Defence Minister Voltaire Gazmin said in Manila.
Posted: August 30, 2014
QATAR. Price increases may suggest a potential overheating of the real estate sector. Closer analysis, however, indicates that the increase is still within the fundamentals of Qatar's fast growing economy and rapid population growth.
Posted: August 30, 2014
OMAN. End of August 2014 deadline to move majority of commercial activities will result in win-win situation for Muscat and Sohar.
Posted: August 30, 2014
SAUDI ARABIA. "Parsons has acted as the managing contractor for the City of Yanbu for nearly 40 years, and we are confident that Bob will help us continue our tradition of customer service excellence."
Posted: August 29, 2014
UAE. With the launch of flights to Burundi, Uganda and Rwanda, flydubai will fly to nine destinations in Africa.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
date:Posted: September 1, 2014
UAE. Research note sees key role for Sukuks over next decade in securing funds for major projects in Dubai.
date:Posted: August 30, 2014
INTERNATIONAL. "I believe that in the wake of the Gaza war and the basis on which the ceasefire was established, a new momentum for peace negotiations might have been created."
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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