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 24, 2015
INTERNATIONAL. As Internet use spreads to older people, rural residents, and women, marketing and media companies face opportunities and challenges in evolving customer base, says new BCG report.
Posted: April 24, 2015
INTERNATIONAL. US$800,000 grant for the International Medical Corps will be used to fund the distribution of trauma kits, medications, medical consumables and food supplements to these facilities in Yemen.
Posted: April 23, 2015
SAUDI ARABIA. Frost & Sullivan estimates Saudi Arabia will have a 4% weight in the Morgan Stanley Capital International emerging market index. This implies hundreds of billions of dollars would flow into investments.
Posted: April 23, 2015
KUWAIT. Parents of obese children may not be able to recognise that their child is overweight unless they are at very extreme levels of obesity.
Posted: April 23, 2015
INTERNATIONAL. The Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and Abraaj will develop both financing and knowledge products as partnership opportunities, aiming to expand the regional private equity industry.
Posted: April 23, 2015
UAE. 81% of Abu Dhabi-based developers launch new projects at three day show; Rise in Emirati-only projects to cater for high demand.
Posted: April 23, 2015
UAE. While we could - and are - finding efficiencies in the workplace from these devices, consideration must still be taken as to how wearables affect us as human beings.
Posted: April 23, 2015
UAE. The new Law comes into effect after three months from the date of publication in the Official Gazette, giving an implementation date of 1 July.
Posted: April 23, 2015
INTERNATIONAL. Facebook has warned of heavy investments in 2015 as it steps up efforts to expand a collection of products; Higher spending on research and development ate into profits.
Posted: April 23, 2015
UAE. The Solar Impulse team used the opportunity to conduct community engagement activities with thousands of local students and members of the public, demonstrating how innovation and clean technology contribute to a cleaner, more sustainable future.
Posted: April 23, 2015
UAE. The app blends the best elements of Instagram, Whatsapp, Snapchat and many of the other most popular messaging apps on the market today, with an added twist.
Posted: April 23, 2015
EGYPT. Naguib Sawiris, testified for the defense at the retrial of two Al-Jazeera television journalists, possibly boosting their standing in a case criticized from abroad.
Posted: April 23, 2015
UAE. Research shows new technology an important factor for the construction industry to remain competitive; "This is a particularly crucial time for the UAE and Qatar's construction sector, as they move full speed to meet strict completion deadlines."
Posted: April 23, 2015
INTERNATIONAL. Kevin Ceccon, Italian Champion is now set to inspire KBW companies on the race tracks.
Posted: April 23, 2015
UAE. JLL issues Q1 2015 Real Estate Market Overview at Cityscape Abu Dhabi; Report assesses the latest trends in the office, residential, retail and hospitality sectors.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 26, 2015
UAE. Financial services industry losing out as customer reward programme satisfaction ranks low, according to Collinson Latitude; Consumer expectations have changed: they expect to be rewarded for their custom 24 hours a day, 7 days a week, on the device of their choice.
date:Posted: April 25, 2015
JORDAN. Lower oil prices will support growth prospects, ease pressure on public finances, and help contain current account deficits. Bilateral loans and grants will support financing needs.
date:Posted: April 25, 2015
UAE. "Arab cinema industry must get more commercial and international," says Mohamed Hefzy, the award winning Egyptian producer and director; More investment is needed in Arab entertainment sector to enable the players to raise the bar, according to Fortress Capital Investments.
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