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: June 27, 2016
UAE. Global mobile usage intensifies, fueled by increased device penetration. Smartphone and tablet penetration are all increasing, with wearables experiencing the highest growth rate with roughly 10 percent global penetration - nearly doubling ownership rates from last year.
Posted: June 23, 2016
UAE. Concourse D, the last major facility that DXB has space for, has boosted the airport's annual capacity to 90 million passengers.
Posted: June 23, 2016
UAE. Red Hat Learning Subscription - Standard features unlimited access to Red Hat's online training content and certification exams.
Posted: June 23, 2016
SAUDI ARABIA. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
Posted: June 23, 2016
INTERNATIONAL. Strategic meeting will be held in Berlin on 13-14 September; Does one size fit all or will banks be forced to specialise their customer experience strategies?
Posted: June 22, 2016
INTERNATIONAL. 27% believe digitalization is the greatest disruptor to their core business.
Posted: June 22, 2016
INTERNATIONAL. Google, Amazon and Samsung top list of the world's most dynamic brands; Existing brand equity measures are outdated for the new world.
Posted: June 22, 2016
OMAN. The UAE-based global marine solutions provider has successfully supported Oman Oil Company Exploration & Production LLC's (OOCEP) first shipment of crude oil from the Musandam gas plant (MGP).
Posted: June 22, 2016
KUWAIT. The oldest bank from the Gulf and MENA region to continuously operate in the UK market.
Posted: June 22, 2016
UAE. A new generation of young, highly motivated and mostly well-educated men and women is ready to take over leadership of their family businesses, according to new Deloitte report.
Posted: June 22, 2016
INTERNATIONAL. Combined with a shift to preventing ill-health through wellness, design could take healthcare out of the hospital with transformative effects.
Posted: June 22, 2016
UAE. Delays in provisioning applications, recovering from disasters, and managing data backups rank as the biggest challenges of managing remote and branch offices.
Posted: June 21, 2016
UAE. Forecast includes spending on internal services, software, IT services, data center systems, devices and telecom services.
Posted: June 21, 2016
UAE. The newly rebranded conference will take place as part of Seatrade Maritime Middle East and Dubai Maritime Week.
Posted: June 21, 2016
UAE. The maze of laws, regulations and internal policies, not to mention the increased scrutiny used to oversee firms, makes financial services compliance particularly challenging.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 28, 2016
UAE. Acknowledged as a generational disruptive force, blockchain can protect and enable Smart City development and digital transaction systems; Plays important role in incubating regional start-ups ecosystem; Provides support for industries such as healthcare, transport, finance.
date:Posted: June 28, 2016
UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
date:Posted: June 28, 2016
OMAN. Private wealth held by upper high-net-worth households in Oman is projected to increase by a healthy 8.8% over the next five years.
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
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