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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: January 28, 2015
UAE. Saatchi & Saatchi is set to implement the luxury auto brand's revamped marketing strategy and new vision for future growth.
Posted: January 28, 2015
SAUDI ARABIA. The aim of this plan is to transform the Kingdom's investment landscape by further diversifying the economy
Posted: January 28, 2015
UAE. The Gulf based gourmet food company and owner of the iconic gourmet date confectionery boutiques and premium cafes, has announced a new partnership with the Asian private equity fund sponsored by LVMH.
Posted: January 28, 2015
BAHRAIN. Early next month, the government of Bahrain is expected to introduce new obligatory tenancy registration procedures, which will aid in the maturing of the market
Posted: January 28, 2015
UAE. Following two years of 25% annual growth, average prime residential prices have remained flat for the first time since Q1 2013.
Posted: January 28, 2015
UAE. 93% of this year's MBA graduates offered employment within three months of graduation.
Posted: January 28, 2015
UAE. Mid-range hotels key to the emirate achieving aims to attract 20 million visitors by 2020, according to Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing.
Posted: January 28, 2015
UAE. Awards drew record number of entries this year - over 40 companies across 19 categories; Award recognises KPMG's deep understanding of the global fund management industry.
Posted: January 28, 2015
UAE. Investment expands brand's footprint in the GCC and consolidates current presence of 300 outlets across the region.
Posted: January 28, 2015
UAE. Oxford Business Group's publication provides detailed analysis of banking sector's performance.
Posted: January 27, 2015
UAE. Deloitte's 18th annual Global Powers of Retailing report explores innovative trends in the sector; US$4.4 trillion in fiscal year 2013 revenues of top 250 global retailers.
Posted: January 27, 2015
UAE. Dubai boosted passenger numbers 6.1% to 70.5 million last year, almost all of them traveling to or from locations outside the UAE; Heathrow attracted 68.09 million international travelers in 2014.
Posted: January 27, 2015
UAE. Average sales growth of 25-30% recorded at participating outlets; DSF to contribute to the drastic push in the gold sector.
Posted: January 27, 2015
UAE. Overall group revenue up11% year-on-year to AED 25 billion; EBITDA up 10% year-on-year to AED 3.6 billion
Posted: January 27, 2015
UAE. Dubai Marina is continuing to drive buyer demand at the beachside location, where prices have risen to AED 1,670 psf in the past five years, according to Cluttons.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: January 28, 2015
UAE. Following two years of 25% annual growth, average prime residential prices have remained flat for the first time since Q1 2013.
date:Posted: January 27, 2015
UAE. Deloitte's 18th annual Global Powers of Retailing report explores innovative trends in the sector; US$4.4 trillion in fiscal year 2013 revenues of top 250 global retailers.
date:Posted: January 27, 2015
UAE. Alpen Capital study forecasts promising growth for retail sector across GCC; retail structure undergoing significant transformation, driven by the social and economic developments; the outlook for Qatar is most optimistic.
UAE. Alpen Capital study forecasts promising growth for retail sector across GCC; retail structure undergoing significant transformation, driven by the social and economic developments; the outlook for Qatar is most optimistic.
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