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 22, 2015
INTERNATIONAL. Islamic State fighters tightened their grip on the historic Syrian city of Palmyra on Thursday and overran Iraqi government defenses east of Ramadi, the provincial capital that they seized five days earlier.
Posted: May 22, 2015
INTERNATIONAL. The minutes basically unofficially confirmed that there are only the slimmest of chances for a US interest rate increase next month.
Posted: May 22, 2015
UAE. The report commissioned by Etihad Airways also identifies "fundamental flaws" in the Compass Lexecon Report recently released by the Big Three U.S. carriers.
Posted: May 21, 2015
UAE. Following suspension of Amlak's shares in the Dubai Financial Market in 2008, the company undertook a comprehensive restructuring of its balance sheet and its business.
Posted: May 21, 2015
UAE. In order to keep investors across the EMEA region appraised of developments and future trends in the real estate investment management world, Deloitte is launching its first biannual magazine: REflexions.
Posted: May 21, 2015
UAE. New study conducted by YouGov and commissioned by the social enterprise C3 reveals the impact of CSR programs on UAE residents; Around three-quarters of residents are more likely to purchase from companies that actively contribute to the community.
Posted: May 21, 2015
UAE. The GCC petrochemicals industry has been growing on a CAGR of 8% over the past five years increasing from 37.2 in 2008 to 67.6 million tons by the year 2014.
Posted: May 21, 2015
UAE. VoWiFi will extend Etisalat's mobile service coverage and will enable Etisalat's customers to make and receive calls using their home WiFi or in public WiFi areas.
Posted: May 21, 2015
UAE. Server virtualization leads to a long-term increase in business agility while providing the foundation for taking the first step toward cloud computing. A growing number of companies are switching to an open source-based hybrid cloud infrastructure.
Posted: May 20, 2015
UAE. According to a new report by The Boston Consulting Group, 33% of consumers would rather accept a 20% reduction in salary than give up their mobile phone; SME mobile leaders in emerging markets are leapfrogging older generations of technology still widely used in developed markets.
Posted: May 20, 2015
UAE. Analysts examine key industry at Gartner Symposium/ITxpo 2015 May 19-21, Dubai.
Posted: May 20, 2015
UAE. Boards are failing to navigate the changing risk landscape effectively, resulting in significant loss of value, according to research from leading players in the business community.
Posted: May 20, 2015
UAE. As premium brands shift to the digital arena, the news from the Middle East about the rise of Smartphones is likely to further boost the luxury sector's fortunes.
Posted: May 20, 2015
UAE. The influential title's global EMBA rankings means that Hult Dubai's Executive MBA program is the highest rated in the UAE, placing 50th best globally.
Posted: May 20, 2015
UAE. IT decision-makers across ten countries highlight financial losses and regulatory concerns due to spate of malware, phishing, credential grabbing and session hijacking attacks.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 22, 2015
INTERNATIONAL. The minutes basically unofficially confirmed that there are only the slimmest of chances for a US interest rate increase next month.
date:Posted: May 21, 2015
UAE. New study conducted by YouGov and commissioned by the social enterprise C3 reveals the impact of CSR programs on UAE residents; Around three-quarters of residents are more likely to purchase from companies that actively contribute to the community.
date:Posted: May 20, 2015
UAE. According to a new report by The Boston Consulting Group, 33% of consumers would rather accept a 20% reduction in salary than give up their mobile phone; SME mobile leaders in emerging markets are leapfrogging older generations of technology still widely used in developed markets.
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