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: May 3, 2016
SAUDI ARABIA. The slowdown is due to demand-supply mismatch and the country's overall macroeconomic scenario, according to JLL's latest report; The existing mismatch is expected to widen as more retail and office supply is expected to enter the market with the easing of backlog projects.
Posted: May 3, 2016
OMAN. Be'ah, Oman Environmental Services Holding Company, awards contract to Veolia and Omani partner Al Ramooz National.
Posted: May 3, 2016
UAE. The inaugural event, on 10th May, will cover the hottest topics in the SME sector: Concept & Set up, Branding & Creativity, Money & Finance, Leadership & Growth, Strategy & Performance, Balance & Wellness.
Posted: May 2, 2016
QATAR. The government intends to support the private sector in a comprehensive manner by allowing private sector insurance companies to provide healthcare insurance cover for everyone.
Posted: May 2, 2016
INTERNATIONAL. In the grand scheme of geopolitics, over time the role of individuals is largely washed out - to be overly simplistic, the individuals rarely matter.
Posted: May 2, 2016
UAE. Research has shown that companies that don't train are two and a half times more likely to have a substantial business downturn than those that do.
Posted: May 2, 2016
UAE. Leading Dubai-based property developer's first hotel property, managed by Wyndham Hotels & Resorts, has marked its official opening.
Posted: May 2, 2016
UAE. Average villa yields of 4.7% and apartments at 7.5% put affordable units at top of investor and tenant wish list; villa and apartment sales remain flat with prices down just 1.1% and 0.7% respectively, according to Chestertons MENA latest report.
Posted: May 2, 2016
INTERNATIONAL. PE firms exited 44 companies in 2015, compared to 39 in 2014 and 2013; Hold period exceeds six years as macroeconomic uncertainty increases; Financial services remains the most common sector for exits.
Posted: May 2, 2016
UAE. PwC expands its Construction Disputes and Claims capabilities in the Middle East.
Posted: May 1, 2016
UAE. Unless we see a significant improvement in U.S. labor market data, such as 250K+ added jobs, average hourly earnings increasing by 0.5%, the dollar isn't likely to change course.
Posted: April 29, 2016
SAUDI ARABIA. SAGIA announced in early 2016 their plan to focus on priority sectors identified as having a direct impact on economic and human development, including healthcare.
Posted: April 29, 2016
INTERNATIONAL. Nearly two dozen major acquisitions in first four months of 2016 already eclipsing 2015's record run rate; Cisco, IBM & Intel are among top buyers.
Posted: April 29, 2016
UAE. A partner in the firm for 20 years, Kevin has held numerous leadership roles including head of advisory from 2008 to 2012.
Posted: April 29, 2016
INTERNATIONAL. The investment community is significantly more likely than CEOs to consider misaligned performance incentives as a barrier to change: almost half (49%) of investors surveyed in the report flagged this as a major concern compared to only 17% of chief executives.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 4, 2016
INTERNATIONAL. The climate has rarely been so favourable to a resolution of the conflict. The chaos that is sweeping the Middle East has been a game-changer in relation to Israel and the Arab countries.
date:Posted: May 4, 2016
SAUDI ARABIA. The manager/directors of any company that is incorporated in Saudi Arabia should start to consider what changes may need to be made to the company's articles of association or bylaws.
date:Posted: May 3, 2016
INTERNATIONAL. Emerging and startup digital banking platform technologies key to success of digital initiatives; incumbent application vendors have been slow to respond to new requirements.
SAUDI ARABIA. The manager/directors of any company that is incorporated in Saudi Arabia should start to consider what changes may need to be made to the company's articles of association or bylaws.
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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