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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: March 2, 2015
UAE. Fiscal pressures on GCC economies are mounting with dropping oil prices accelerating the need to broaden and strengthen non-oil revenues, according to a new ICAEW report.
Posted: March 2, 2015
UAE. Emaar's liquidity has improved substantially, to strong from adequate, both as a result of strong operating cash generation and lower near-term debt maturities, says S&P; Outlook stable.
Posted: March 2, 2015
UAE. The Clinton Global Initiative winner speaks about "Vendedy", the first mobile bidding marketplace for street artisans.
Posted: March 2, 2015
UAE. "Buthoor Initiative" to support innovative ideas in social media from young entrepreneurs; Arab Social Media Report to provide comprehensive overview of the reality of social media in the Arab world.
Posted: March 2, 2015
UAE. New International Financing Reporting Standard 15 to impact the way stakeholders account for revenue; All companies subject to extensive new disclosure requirements.
Posted: March 2, 2015
UAE. Bank secures top regional recognition in Euromoney's Private Banking Survey for first time.
Posted: March 2, 2015
UAE. Senaat plans to invest 5 billion dirhams (US$1.4 billion) in industry over the next two years as Abu Dhabi diversifies its economy away from oil.
Posted: March 2, 2015
UAE. "We're looking aggressively on anything consumer-related," CEO Karim El Solh said. "I think we expect to do, between private equity and credit, around four to six transactions this year."
Posted: March 2, 2015
UAE. A tool for Governments, businesses and NGOs to look beyond economics toward Social Progress measurements to maximize FDI and growth.
Posted: March 2, 2015
INTERNATIONAL. Banks in Bahrain and Oman are vulnerable indirectly through the potential drop in investments and economic growth, and Nigeria is vulnerable directly through its banking system's significant overall exposure to the oil sector.
Posted: March 2, 2015
QATAR. Paying homage to the forthcoming centenary of the last Fabergé Imperial Eggs ever delivered, Fabergé has crafted an extraordinary, one-of-a-kind egg objet in collaboration with Qatar's Al Fardan family, one of the world's most renowned collectors of pearls.
Posted: March 2, 2015
UAE. Paul Sharma explores the changing regulatory landscape at Capital Club Dubai: "Simply complying with the rules is, while still fundamental, no longer the main concern. What regulators are now more concerned with is whether or not an institution's actions present a risk to their regulatory objectives."
Posted: March 2, 2015
UAE. Abraaj, EBRD, DEG and Proparco to enhance quality of health care in Egypt and Tunisia.
Posted: March 2, 2015
UAE. Managers from 107 companies with a combined market cap of almost half a trillion US$ meet with 450 investors from over 200 global institutions with aggregate AUMs of more than US$10 trillion.
Posted: March 1, 2015
UAE. Residential (US$28bn), Commercial (US$11.46bn) and Education (US$7.13bn) were the leading sectors; Initial market indicators suggest sustained growth in 2015 with an estimated 21% increase in construction projects awarded across the GCC.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 2, 2015
UAE. Fiscal pressures on GCC economies are mounting with dropping oil prices accelerating the need to broaden and strengthen non-oil revenues, according to a new ICAEW report.
date:Posted: March 2, 2015
UAE. A tool for Governments, businesses and NGOs to look beyond economics toward Social Progress measurements to maximize FDI and growth.
date:Posted: March 2, 2015
INTERNATIONAL. Banks in Bahrain and Oman are vulnerable indirectly through the potential drop in investments and economic growth, and Nigeria is vulnerable directly through its banking system's significant overall exposure to the oil sector.
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