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: July 25, 2014
UAE. Strong revenue growth recorded across Aramex's geographies; E-commerce remains significant driver of growth; Momentum strong through Q2 as economic conditions improve.
Posted: July 25, 2014
UAE. The growth comes following a significant year for Eversheds across the region.
Posted: July 24, 2014
IRAQ. Iraq's parliament elected senior Kurdish lawmaker Fouad Masoum as president on Thursday, a long-awaited step in creating a new government capable of countering a Sunni Muslim insurgency.
Posted: July 24, 2014
ALGERIA. "I can confirm that it has crashed," an Algerian official said, declining to give any details about what had happened to the aircraft on its way north.
Posted: July 24, 2014
UAE. In March, TAQA said a consortium led by it had agreed to buy the two power plants from Jaiprakash Power Ventures; TAQA senior official states "a change in strategy."
Posted: July 24, 2014
UAE. There is evidence of a more litigious approach developing in the area of medical malpractice. Damages awards which have historically been low, are now on an upwards trend.
Posted: July 24, 2014
UAE. Like Swiss Emmental Cheese, the ways your online banking accounts are protected might be full of holes, according to a new Trend Micro whitepaper.
Posted: July 24, 2014
UAE. "We believe these results represent a strong client endorsement of Deloitte's security consulting services."
Posted: July 24, 2014
UAE. The growth is partly attributable to net inflows of CHF 2.4 billion; The Group's net consolidated earnings have risen, by 6.2%, to CHF 82 million (US$92.5 million); With its Tier 1 ratio of 28%, UBP is one of the best-capitalised Swiss banks.
Posted: July 24, 2014
UAE. Report data shows that 64% of TV viewers in Saudi Arabia and 50% in the UAE are engaged in other digital activities simultaneously, higher than the global average.
Posted: July 24, 2014
UAE. "I have focused management efforts on balance sheet optimization, diversification of income, addressing the legacy NPL position, improved capital efficiency and stronger liquidity."
Posted: July 24, 2014
INTERNATIONAL. The state-of-the-art system employs GfK's universal metering system, TV Loggers, which gave outstanding performance in the field test and is being successfully used in Lebanon.
Posted: July 24, 2014
UAE. First-half throughput grew 9.3 percent on a like-for-like basis to 29.4 million twenty-foot equivalent units across its group of container terminals.
Posted: July 24, 2014
UAE. The recent Budget Statement looks set to bring about a sea change in the tax regime surrounding domestic and international investment.
Posted: July 24, 2014
INTERNATIONAL. Malaysia Airlines was a clearly identified commercial jet. And it was shot down-in complete violation of international laws, standards and conventions.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 24, 2014
UAE. There is evidence of a more litigious approach developing in the area of medical malpractice. Damages awards which have historically been low, are now on an upwards trend.
date:Posted: July 24, 2014
UAE. Report data shows that 64% of TV viewers in Saudi Arabia and 50% in the UAE are engaged in other digital activities simultaneously, higher than the global average.
date:Posted: July 24, 2014
INTERNATIONAL. The world is well aware of the concerns around terrorism and Nigeria's ongoing struggle with poverty. However the report finds that Nigeria has the potential to expand its economy by roughly 7.1% per year through 2030.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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