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: April 25, 2015
JORDAN. Lower oil prices will support growth prospects, ease pressure on public finances, and help contain current account deficits. Bilateral loans and grants will support financing needs.
Posted: April 25, 2015
INTERNATIONAL. Euro-area finance ministers hurled abuse at Greek Finance Minister Yanis Varoufakis behind closed doors as they shut down his bid to find a shortcut to releasing financial aid.
Posted: April 25, 2015
BAHRAIN. Globalization for MENA exchanges is now about putting roots at home as opposed to global mergers; IPOs were the name of the game, ETFs are the new market reality now.
Posted: April 25, 2015
UAE. "Arab cinema industry must get more commercial and international," says Mohamed Hefzy, the award winning Egyptian producer and director; More investment is needed in Arab entertainment sector to enable the players to raise the bar, according to Fortress Capital Investments.
Posted: April 25, 2015
UAE. Survey shows that users in the UAE often take the easy way out when creating and storing their passwords. Only 20% of users create a separate password for each account while 5% of respondents use special password storage software.
Posted: April 25, 2015
UAE. Visa to bring global payments expertise to merchants, acquirers and partners in MENA region; Retailers meet to put spotlight on evolving retail ecosystem driven by innovative payment technologies and data based customer insight.
Posted: April 25, 2015
UAE. Ahead of the World Trade Organisations (WTO) next Ministerial Meeting, Global Trade Development Week (GTDW) will host a roundtable for discussion of WTO issues.
Posted: April 24, 2015
INTERNATIONAL. The rally in crude oil and related products continues, and during the week it helped offset losses in industrial and precious metals, leaving the BBG Commodity Index flat.
Posted: April 24, 2015
UAE. Hareb Al Darmaki, Executive Direcor Abu Dhabi Investment Authority, named as member of the Advisory Council; The Institute funds cutting edge research and fosters high level discussion aimed at better meeting the investment challenge.
Posted: April 24, 2015
UAE. Top sources of funds for SMEs include family and friends, private funding, as well as savings and credit cards, according to new MEED survey; Top challenge facing entrepreneurs.
Posted: April 24, 2015
BAHRAIN. The firm's buy-and-build strategy aims to empower mid-market companies to smash the glass ceiling and attain their true potential as regional leaders.
Posted: April 24, 2015
UAE. 5.5 million passengers used Abu Dhabi International Airport in Q1 2015.
Posted: April 24, 2015
INTERNATIONAL. As Internet use spreads to older people, rural residents, and women, marketing and media companies face opportunities and challenges in evolving customer base, says new BCG report.
Posted: April 24, 2015
INTERNATIONAL. US$800,000 grant for the International Medical Corps will be used to fund the distribution of trauma kits, medications, medical consumables and food supplements to these facilities in Yemen.
Posted: April 23, 2015
SAUDI ARABIA. Frost & Sullivan estimates Saudi Arabia will have a 4% weight in the Morgan Stanley Capital International emerging market index. This implies hundreds of billions of dollars would flow into investments.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 25, 2015
JORDAN. Lower oil prices will support growth prospects, ease pressure on public finances, and help contain current account deficits. Bilateral loans and grants will support financing needs.
date:Posted: April 25, 2015
UAE. "Arab cinema industry must get more commercial and international," says Mohamed Hefzy, the award winning Egyptian producer and director; More investment is needed in Arab entertainment sector to enable the players to raise the bar, according to Fortress Capital Investments.
date:Posted: April 24, 2015
INTERNATIONAL. The rally in crude oil and related products continues, and during the week it helped offset losses in industrial and precious metals, leaving the BBG Commodity Index flat.
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