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 30, 2014
EGYPT. "We are pleased to help improve the delivery of energy services to the people of Egypt," said Hartwig Schafer, World Bank Country Director.
Posted: July 30, 2014
LEBANON. New concept designed to help cities integrate existing initiatives and better plan for the shocks and stresses they face, in a holistic and effective way.
Posted: July 30, 2014
INTERNATIONAL. S&P opinion "reflects the increasing need for life and health insurance products in those countries as well as some largely underdeveloped personal lines, such as property."
Posted: July 29, 2014
INTERNATIONAL. The damage of the power plant exacerbated the heavy damage to civilian infrastructure in Gaza already inflicted during the 22 days of the Israeli offensive.
Posted: July 29, 2014
INTERNATIONAL. Kurdish officials "misappropriated" more than 1 million barrels of oil from northern Iraq and exported it through a Turkish pipeline, according to a complaint filed in federal court.
Posted: July 29, 2014
EGYPT. EMC EMEA's leadership team shares key innovations and milestones of Egypt's Centre of Excellence; Reiterate commitment to customers and partners to help redefine the future of IT in Egypt, as "Third Platform" applications rise to prominence.
Posted: July 29, 2014
KUWAIT. US$35.1 billioln of new sukuks issued during 2Q14; GCC primary market account for 26.7% market share or US$17.7 billion of the total global new sukuk issuances in 1H14.
Posted: July 29, 2014
INTERNATIONAL. Another sign of deteriorating relations between the United States and Russia; The Cold War treaty, ratified in 1988, was designed to eliminate ground-launched cruise missiles with ranges of 500 to 5,500 km.
Posted: July 28, 2014
SAUDI ARABIA. The outlook on ANB mirrors the positive outlook on the bank's country of domicile, Saudi Arabia, and S&P's view that the bank's capitalization will continue to improve.
Posted: July 28, 2014
UAE. For every dirham spent, four dirhams could be gained on reduced absenteeism and increased productivity.
Posted: July 28, 2014
INTERNATIONAL. Janet Yellen is very different from any of her predecessors. She is likely the most dovish and politically leftist Fed Chair in the Central Bank's history; She sees the Fed's mission as a tool to promote progressive social policy.
Posted: July 28, 2014
QATAR. The potential in Indonesia is enormous and more rapid growth could generate opportunities for a number of foreign companies, says QNB Group report.
Posted: July 28, 2014
INTERNATIONAL. The diversified BBG Commodity Index was almost unchanged on the week; Geopolitical concerns will continue to play an important part when determining a price for crude oil.
Posted: July 28, 2014
INTERNATIONAL. Israel eased its assaults in Gaza and Palestinian rocket fire declined sharply with both the United States and United Nations calling for a durable ceasefire.
Posted: July 28, 2014
UAE. Topping the rankings for the most searched communities in Dubai amongst prospective buyers is Dubai Marina, according to propertyfinder.ae.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 31, 2014
UAE. Rotate into high-yield bonds which offer better value; Large IPOs could drain money out of stock markets and raise volatility ahead, says Emirates NBD investment chief.
date:Posted: July 31, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
date:Posted: July 31, 2014
UAE. Indonesia should lead the way in ASEAN markets over the next year; The best performing markets in the second quarter were Thailand and the Philippines; Health care strongest sector in ASEAN in Q2.
INTERNATIONAL. Israel mobilised 16,000 additional reservists Thursday to bolster forces fighting in Gaza as Washington gave its ally the go-ahead to raid stocks of emergency US weapons stored on Israeli soil.
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.
dhgate