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 28, 2016
INTERNATIONAL. Smart home, beacon, wearable, and other nascent IoT applications including energy management and smart cities are to propel the wireless IoT connectivity market forward.
Posted: April 28, 2016
UAE. 51% of all Dubai hotels in mid-market segment versus 89% in New York; PwC research released at ATM 2016 touts construction figure of US$80k per room as incentive for developers looking for solid returns in high demand segment.
Posted: April 28, 2016
UAE. Company strengthens presence in the region with five new deals and five openings in 2016 across the UAE, Saudi Arabia and Qatar.
Posted: April 28, 2016
INTERNATIONAL. Key sessions include speeches from CEOs of Shell and Saudi Aramco, OPEC and UNFCCC leaders and a welcoming address from the President of Turkey.
Posted: April 28, 2016
OMAN. With two Autoclave lines for medical waste treatment having a capacity of 150 kg/hr and 200 kg/hr, the daily treatment capacity is expected to double.
Posted: April 27, 2016
UAE. Residential values drop 2.2% in Q1 2016; Strongest quarterly decrease in five years and the seventh consecutive quarterly decline, according to Cluttons.
Posted: April 27, 2016
QATAR. The global leader in the elevator and escalator industry has won an order to supply elevators and escalators for the Qatar Rail project in Doha.
Posted: April 27, 2016
SAUDI ARABIA. Although this represents positive news, the key will be the materialization of infrastructure projects and utilizing white lands to reverse the recent slowdown.
Posted: April 27, 2016
UAE. The offerings use mobile technology to engage people of all ages, locally and globally, with the aim to positively impact Education, Health, Global Sustainability and Financial Literacy.
Posted: April 27, 2016
INTERNATIONAL. The results show that the majority (84 per cent) of 'Remain' voters believe staying in the EU will be economically better for the UK.
Posted: April 27, 2016
UAE. The system expansion will deliver new insights for the telco, enabling the experiences of different customers and segments to be more effectively monitored and managed.
Posted: April 27, 2016
UAE. TIME to operate hotels in Riyadh and Al Qurrayat and provide consultancy services on hotel portfolio.
Posted: April 27, 2016
UAE. Marketing and leasing solution for new Duja Tower development in Dubai; "RENTCafé will help us deliver a great applicant-to-resident experience and also help us to offer a broader range of services to current residents."
Posted: April 27, 2016
UAE. Industry leaders join forces to improve and scale security monitoring and management from the enterprise, to the IDMZ, and now down to the cell/area zone
Posted: April 27, 2016
UAE. "Our plan is to do for steak what others in the casual dining sector have done for sushi and gourmet burgers."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 28, 2016
UAE. 51% of all Dubai hotels in mid-market segment versus 89% in New York; PwC research released at ATM 2016 touts construction figure of US$80k per room as incentive for developers looking for solid returns in high demand segment.
date:Posted: April 27, 2016
UAE. Residential values drop 2.2% in Q1 2016; Strongest quarterly decrease in five years and the seventh consecutive quarterly decline, according to Cluttons.
date:Posted: April 27, 2016
SAUDI ARABIA. Although this represents positive news, the key will be the materialization of infrastructure projects and utilizing white lands to reverse the recent slowdown.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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