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: February 11, 2016
INTERNATIONAL. A new space for information devoted to entrepreneurs; puts them in touch with a variety of instruments from Orange that support entrepreneurship.
Posted: February 10, 2016
UAE. Revenue grows 33% to US$3.72 billion; Recurring revenue from shopping malls & retail and hospitality & leisure businesses in 2015 up 8% to US$ 1.58 billion.
Posted: February 10, 2016
UAE. Apartment rental rates and sales prices up 4% and villa rentals up 2% with sales prices flat in 2015y; new property law to boost investor interest.
Posted: February 10, 2016
UAE. Digital Transformation has become a major focus for many organizations in the Middle East.
Posted: February 10, 2016
UAE. Compass' Entrepreneurship Program sets high-schoolers on career and education path.
Posted: February 10, 2016
UAE. Norton research reveals protecting children online is weighing heavier on parents than ever before.
Posted: February 10, 2016
UAE. Removes obstacles to effective protection, without requiring major infrastructure investments.
Posted: February 10, 2016
UAE. Souqalmal.com launches Bank Satisfaction Index; In-depth discussion of survey findinds to be highlight of Fintech event in Dubai on 25th February in collaboration with Google.
Posted: February 10, 2016
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
Posted: February 10, 2016
UAE. The award will be presented by ACCA at Naseba's 10th CFO MENA Strategies Forum in October 2016.
Posted: February 10, 2016
UAE. Across the Middle East, educational institutions and providers face a myriad of challenges and opportunities; "Educational organizations are increasingly being asked to demonstrate their wider impact and contribution to goals around employability, social mobility and inclusion."
Posted: February 9, 2016
UAE. The MoU promotes cooperation between the two sides in exchanging knowledge and expertise, development of solutions and applications, and enhancing innovation across the UAE and the GCC.
Posted: February 9, 2016
SAUDI ARABIA. TM2500+ aeroderivative mobile units provide "black-start" capability to deliver approximately 180 MW of fast power in isolated desert areas.
Posted: February 9, 2016
UAE. Healthcare industry scores 60.25 in innovation, topping the private sector list; followed by Media and Marketing (60.06) and ICT (59.29).
Posted: February 9, 2016
UAE. "The future of making products in the machinery and specialty vehicles industries is changing quickly and the expectations for online services have increased."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 13, 2016
QATAR. The turmoil in financial markets at the beginning of this year has prompted some to question whether the US Federal Reserve should have increased interest rates in December.
date:Posted: February 13, 2016
KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
date:Posted: February 12, 2016
INTERNATIONAL. A Syria in which the regime and IS, rather than other rebel groups, are the only real domestic players turns Bashar al-Assad into a pivotal cog in the fight against jihadism. That is something Saudi Arabia cannot allow to happen. To turn the tide, it needs a United States that is engaged and willing to do its bit.
KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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