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: November 24, 2014
INTERNATIONAL. "We have had to conclude it is not possible to get to an agreement by the deadline that was set for today and therefore we will extend the JPOA to June 30, 2015."
Posted: November 24, 2014
SAUDI ARABIA. Western region produces 50% of Kingdom's petrochemical and plastic products; Saudi Plastics and Petrochem 2015 trade fair offers platform to showcase latest technologies, products and services.
Posted: November 24, 2014
UAE. The gap between low market expectations and actual investment potential in the resources sector has reached very attractive levels; Resource equity returns are now increasingly driven by improved capital allocation and restructuring within companies, making stock selection ever more key.
Posted: November 24, 2014
UAE. Q3 MENA M&A deal activity up by 17% while deal value dips 47%; More than half of the MENA respondents expect their company to pursue an acquisition over the next 12 months, according to the latest EY Capital Confidence Barometer.
Posted: November 24, 2014
UAE. Channel survey shows complexity and bandwidth to be the top customer challenges, with virtualisation the top customer trend.
Posted: November 24, 2014
INTERNATIONAL. U.S. Defense Secretary Chuck Hagel has resigned, the first major cabinet change after Obama's Democrats were routed in mid-term elections three weeks ago.
Posted: November 24, 2014
UAE. Chad Floe appointed as Operating Partner and Managing Director Corporate Finance.
Posted: November 24, 2014
BAHRAIN. Average cost of key aspects such as licensing and registration, commercial rental rates, manpower costs, and communication and utility expenses, significantly lower.
Posted: November 24, 2014
UAE. Arab Health exhibition to showcase increased participation from UAE healthcare entities.
Posted: November 24, 2014
QATAR. Oil and gas-producing nations likely to come under pressure from falling asset prices; Global economy requires concerted effort to resist stagnation and resolve debt issues.
Posted: November 24, 2014
INTERNATIONAL. The publication focuses on segments within the gambling industry with detailed forecasts and analysis.
Posted: November 24, 2014
UAE. International Autumn Trade Fair, now branded as "Smart Living"; UAE's retail sales crossed US$66 billion in 2013, according to A.T. Kearney Global Retail Development Index.
Posted: November 24, 2014
INTERNATIONAL. An underlying growth in global supply capacity, which is significantly outstripping demand, may mean that the world has now passed the peak price for oil, a new report commissioned by Gaffney, Cline and Associates (GCA) suggests.
Posted: November 24, 2014
UAE. Lewis Hamilton joined the elite ranks of double Formula One world champions on Sunday after a nerve-racking drive to victory in the floodlit season-ending Abu Dhabi Grand Prix.
Posted: November 24, 2014
UAE. Andrew Liveris, speaking on the sidelines of a conference in Dubai, said his company was "moving from doing commodities just for commodities sake, moving more downstream and Kuwait is more about commodities..."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
date:Posted: November 25, 2014
INTERNATIONAL. Participants in the global oil market are eagerly awaiting the Opec meeting on November 27, which could potentially set the tone and the direction of oil prices.
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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