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: July 29, 2016
INTERNATIONAL. Iran received its first delivery of Russian-made S-300 air defense systems in May; Satellite imagery shows intensive construction underway at an air base near Tehran to accommodate the systems.
Posted: July 29, 2016
JORDAN. Humanitarian access is still needed across Aleppo; Some 250,000 to 400,000 civilians remain in what was once Syria's largest city - not all of them want or are able to leave.
Posted: July 29, 2016
INTERNATIONAL. Growth driven by technological advancement in mobile devices, indispensable requirement to have ubiquitous access to financial solutions, rising use of non-cash payments and rising use of mobile money services across businesses.
Posted: July 29, 2016
INTERNATIONAL. Economic crime in financial services outpaces other industries; Increased spending on compliance fails to reduce economic crime; 10% of economic crime reported by UK respondents was perpetrated internally.
Posted: July 29, 2016
INTERNATIONAL. As enterprises increasingly adopt IoT-based technologies and solutions, more companies are leveraging machine learning technologies for data analytics.
Posted: July 29, 2016
UAE. 222 apartment units in Al Furjan area to serve New Dubai's business district.
Posted: July 29, 2016
INTERNATINAL. The BoJ decided to expand the amount of exchange traded funds purchased from 3.3 to 6 trillion Yen while leaving main interest rates unchanged despite the economy's vulnerable state.
Posted: July 29, 2016
INTERNATIONAL. New innovation from world's number one liqueur brand; Inspired by timeless French sophistication and the growing popularity of luxury liqueurs amongst shoppers in duty free.
Posted: July 28, 2016
UAE. Aims to reward innovative companies around the world; Another example of Dubai's deepening commitment to becoming a test bed for futuristic technologies and businesses; Companies will compete to solve seven key "21st century challenges".
Posted: July 28, 2016
UAE. Global principal investment firm has formed a strategic partnership with Workspace Property Trust.
Posted: July 28, 2016
LEBANON. Increase in net profit achieved despite adverse economic conditions, locally and regionally, and significant challenges that continue to impact the markets in which the Bank operates.
Posted: July 28, 2016
LIBYA. Libyan strategic projects set to soar after Libyan Local Investment & Development Fund (LLIDF) appoints PwC as its strategic advisor.
Posted: July 28, 2016
SAUDI ARABIA. General softening of the residential market this quarter, with a marginal decline in both rentals in Riyadh and sale prices in Jeddah, according to JLL's latest report.
Posted: July 28, 2016
INTERNATIONAL. The vessel based engineering work involves Bibby Offshore installing a cathodic protection system on one platform, and performing air diving services to complete routine and non-routine inspection, repair and maintenance support.
Posted: July 28, 2016
BAHRAIN. "The move will also improve investor confidence and make Bahrain an attractive place to work and live in."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 29, 2016
INTERNATIONAL. Iran received its first delivery of Russian-made S-300 air defense systems in May; Satellite imagery shows intensive construction underway at an air base near Tehran to accommodate the systems.
date:Posted: July 28, 2016
LIBYA. Libyan strategic projects set to soar after Libyan Local Investment & Development Fund (LLIDF) appoints PwC as its strategic advisor.
date:Posted: July 28, 2016
BAHRAIN. "The move will also improve investor confidence and make Bahrain an attractive place to work and live in."
INTERNATIONAL. As smart devices are becoming autonomous, chief information security officers are being required to adopt new mechanisms and approaches to trust.
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