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 30, 2014
UAE. REIDIN launches Housing Market Professionals Sentiment Index; Quarterly survey is first available indicator of near future residential property price trends.
Posted: September 30, 2014
UAE. The Dubai-based real estate developer is currently considering a number of external offers and is inviting further expressions of interest in merger or acquisition.
Posted: September 30, 2014
QATAR. Speakers from U.S. Federal Reserve, Qatar National Bank and other major institutions to address challenges of the global economy.
Posted: September 30, 2014
UAE. Industry's first dedicated surveillance drive with rescue services optimized for reliable 24x7 video surveillance systems.
Posted: September 30, 2014
IRAQ. Troops struck before dawn against a town on the Syrian border, north of jihadist-controlled second city Mosul, and south of key oil hub Kirkuk, according to senior officers.
Posted: September 30, 2014
KUWAIT. The Kuwaiti Capital Markets Authority said in a statement that the move obliged institutions to freeze all funds belonging to those accused of terror financing.
Posted: September 30, 2014
INTERNATIONAL. The Israeli leader displayed a photo of Hamas rocket launchers placed alongside children playing, illustrating the argument that the militants use civilians as human shields.
Posted: September 30, 2014
UAE. The rise is forcing operators to revaluate their customer service, prompting them to find more interactive and engaging means to communicate.
Posted: September 30, 2014
UAE. The new one-to-one business event for the MICE industry that has evolved from GIBTM, taking place at The St Regis Hotel Saadiyat Island Resort, Abu Dhabi from 10 - 12 February 2015.
Posted: September 30, 2014
SAUDI ARABIA. Regional mobile telecommunications group Virgin Mobile Middle East & Africa has launched the first Mobile Virtual Network Operator operation in Saudi Arabia.
Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 30, 2014
SAUDI ARABIA. Ashmore, with about US$122 billion of assets under management, is opening an office in Riyadh to serve as a hub for the region, according to people with knowledge of the matter.
Posted: September 30, 2014
UAE. Investors, regulators and tax authorities are pushing the choice of fund domicile to the fore with requirements for good corporate governance, transparency and financial regulation.
Posted: September 29, 2014
INTERNATIONAL. Thousands of defiant Hong Kong protesters stood their ground after facing tear gas and riot police in overnight clashes, paralysing parts of the city with their campaign to demand Beijing allow free elections.
Posted: September 29, 2014
UAE. The company will announce the hotel sale "in the next few months," Mohamed Alabbar said, less than seven hours after Emaar said it raised US$1.6 billion from the share sale of its malls unit.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 1, 2014
UAE. The UAE took part last week in U.S.-led airstrikes against Islamic State; Gulf Arabs regard Islamist groups as an existential challenge to their thriving economies and monarchies.
date:Posted: October 1, 2014
INTERNATIONAL. The Constitutional Court will keep challenging EU attempts at federalization and the Bundesbank will keep criticizing every measure that would reduce German sovereignty.
date:Posted: October 1, 2014
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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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