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 28, 2015
UAE. Exits from rubber entities generates internal rate of return of 18%; Masharie eyes new acquisitions in infrastructure, health sectors.
Posted: May 28, 2015
UAE. Company launches new web destination featuring industry insights and trends, and showcasing the iterative process of discovering, protecting and commercializing ideas.
Posted: May 28, 2015
UAE. Revenue soars to US$7.6 billion on back of record passenger and cargo volumes; Passenger demand and revenue growth outperform capacity intake; Partnership strategy delivers strong performance, with revenues up 37.7% to US$1.1 billion, representing 24% of passenger revenues.
Posted: May 27, 2015
IRAQ. Iraq's leadership was indignant after US accusations that its forces lack the will to fight but assessments of the army's ability suggest the rank-and-file have reasons to shy from battle.
Posted: May 27, 2015
UAE. The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China.
Posted: May 27, 2015
UAE. Forum taking place from 8-11 June; 456 unique companies have registered to date from 63 countries worldwide, spanning the value chain of Africa's power sector.
Posted: May 27, 2015
UAE. Considerable pressures on salaries as many of the region's pay rises are falling behind inflation rates; 60% more companies are uncertain about the bonuses that they will pay in 2015.
Posted: May 27, 2015
UAE. As a keynote speaker, Rabih Dabboussi, General Manager, Cisco UAE will speak on "Dubai And The Internet Of Everything: Opportunity At The Crossroads" on 8 June 2015.
Posted: May 27, 2015
UAE. More independent, relationship-focused corporate finance advisory services in the Middle East; Firm also aims to facilitate cross-border business joint ventures and mid-market investment opportunities between North America and the Middle East.
Posted: May 27, 2015
UAE. Bob Willen brings extensive experience leading transformational strategy and organization initiatives for large commercial and government clients.
Posted: May 27, 2015
UAE. The option is currently available on all Hotel, Holiday and Activity bookings to users based in Dubai, Abu Dhabi and Riyadh and will soon be available in other cities in the Middle East.
Posted: May 27, 2015
EGYPT. The Government's Africa Together initiative strengthens Egypt's position as a regional sourcing and ICT services hub.
Posted: May 27, 2015
UAE. 3rd edition of ArabNet Digital Summit opened today in Dubai with over 1,200 attendees expected.
Posted: May 27, 2015
UAE. The blueprint for anti-austerity parties to become prominent figures in European governments is emerging, with this increasing the possibility of political risks throughout Europe.
Posted: May 27, 2015
UAE. SAP sees strong take-up for Business Suite on SAP HANA, which connects people, devices, and business networks in real time; Leverages IoT and Big Data to innovate in the Digital Economy.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 29, 2015
INTERNATIONAL. SITA survey investigated the connection between passenger's use of technology and their emotions to discover how they feel at every point of the journey; Survey shows that technology is helping put enjoyment back into flying.
date:Posted: May 28, 2015
UAE. The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking technically vulnerable to further declines.
date:Posted: May 28, 2015
UAE. Low production costs for Middle East companies gives regional players significant competitive advantage in the low price segment of an oil "super cycle", according to the latest paper from global strategy and management consulting firm A.T. Kearney.
INTERNATIONAL. SITA survey investigated the connection between passenger's use of technology and their emotions to discover how they feel at every point of the journey; Survey shows that technology is helping put enjoyment back into flying.
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