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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 21, 2013
SAUDI ARABIA. The eight Saudis, a Lebanese and a Turk bring the number of people arrested to 28, the official SPA news agency quoted the spokesman as saying.
Posted: May 21, 2013
INTERNATIONAL. Syria said its troops destroyed an Israeli vehicle that crossed into its territory and warned that any attempt to violate its sovereignty would meet "immediate and firm retaliation".
Posted: May 21, 2013
UAE. IMF Regional Economic Outlook Update looks at the implications of the economic roads ahead for the Middle East, North Africa. Afghanistan, and Pakistan (MENAP) region against the backdrop of complex political, social, and economic transitions.
Posted: May 21, 2013
UAE. "Growth may be anemic, but it's not at stall speed, nor likely to be. Bonds are the assets which are trading expensively, and stocks - even after their rally - look much cheaper.
Posted: May 21, 2013
INTERNATIONAL. Louis Vuitton's brand value declined 12% from a year ago to US$22.7 billion as competitors including Gucci and Prada gain, a new research report shows.
Posted: May 21, 2013
INTERNATIONAL. The discussions on Syria come as Barack Obama is under increasing pressure from some U.S. lawmakers to do more to bring down Bashar al-Assad.
Posted: May 21, 2013
INTERNATIONAL. The Australian Foreign Minister has blasted as "indefensible" the length of time the legal process took in the UAE after an Australian was jailed for property fraud.
Posted: May 21, 2013
INTERNATIONAL. The 50-year-old Mourinho has been consistently linked with a return to England's Chelsea, which he managed between 2004 and 2007.
Posted: May 21, 2013
INTERNATIONAL. The total size of the market, which was 212 billion euros (US$273 billion) in 2012, would reach 250 billion by mid-decade.
Posted: May 21, 2013
JORDAN. Lower foreign grants and high petroleum prices weakened Jordan's external and fiscal accounts in 2012; Outlook remains negative due to Syria fallout risk.
Posted: May 21, 2013
UAE. Low number of IPOs in GCC due to stricter regulatory measures, lack of liquidity and regional unrest in some MENA countries, according to experts from Deloitte Middle East.
Posted: May 20, 2013
SAUDI ARABIA. In mid-April, an unusual exhibition was held in London, highlighting the role Muslims played in saving Jewish lives during the Holocaust. At the exhibition, people saw love and harmony between people of different faiths.
Posted: May 20, 2013
KUWAIT. Damages for former leader Muammar Gaddafi's cancelling of the construction of a vacation resort in Tripoli, which would have included hotel accommodation, villas and a shopping mall.
Posted: May 20, 2013
UAE. A lack of available information and market data has prevented businesses and government from effectively evaluating the potential for e-commerce growth and development in the region.
Posted: May 20, 2013
OMAN. "The Middle East and specifically the Gulf States are in a prime position to benefit from the current trends with energy intensive economies naturally turning towards the East while oil prices continue to rise and public expenditure reaching unprecedented levels."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 21, 2013
UAE. IMF Regional Economic Outlook Update looks at the implications of the economic roads ahead for the Middle East, North Africa. Afghanistan, and Pakistan (MENAP) region against the backdrop of complex political, social, and economic transitions.
date:Posted: May 21, 2013
UAE. "Growth may be anemic, but it's not at stall speed, nor likely to be. Bonds are the assets which are trading expensively, and stocks - even after their rally - look much cheaper.
date:Posted: May 21, 2013
UAE. Low number of IPOs in GCC due to stricter regulatory measures, lack of liquidity and regional unrest in some MENA countries, according to experts from Deloitte Middle East.
UAE. IMF Regional Economic Outlook Update looks at the implications of the economic roads ahead for the Middle East, North Africa. Afghanistan, and Pakistan (MENAP) region against the backdrop of complex political, social, and economic transitions.
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.



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