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: November 26, 2014
UAE. Affordability threshold may be nearing for the villa segment of the residential market, according to the latest report by Cluttons; Rents across Sharjah increased by 5.3% during Q3.
Posted: November 26, 2014
INTERNATIONAL. The "market will stabilize itself," Ali Al-Naimi said. The world's largest oil exporter yesterday failed to agree a plan with Russia, Venezuela and Mexico to curb output.
Posted: November 26, 2014
LEBANON. Famed Lebanese singer and actress Sabah, whose seven-decade career made her one of the Arab world's best-known entertainers, died on Wednesday at the age of 87.
Posted: November 26, 2014
UAE. Revolutionary design defines new Discovery family; Unique-in-segment 5+2 seating versatility in a more compact footprint than traditional seven-seat SUVs; Unrivalled all-terrain performance essential to Land Rover DNA.
Posted: November 26, 2014
UAE. Aspiring entrepreneurs at London Business School can now benefit from a new mentoring scheme launched in Dubai following a successful 18-month run with the School's MBA students in London.
Posted: November 26, 2014
UAE. FTTH Council MENA study reveals regional uptake in FTTH technology.
Posted: November 26, 2014
UAE. The integrity, transparency, and accountability of auditors are central to the sound functioning of our world, said Sheikh Nahyan in a keynote speech.
Posted: November 26, 2014
UAE. Announcement made by UAE Minister of Economy; The financial and debt restructuring package for Amlak was approved by its financiers in August.
Posted: November 26, 2014
UAE. Mohammed Bin Rashid School of Government and SAP kick-start Innovation Days Series with "Ideation to Innovation" event.
Posted: November 26, 2014
BAHRAIN. "Startup Weekend" took place at Rukn ICT Incubator in Manama; The event was a showcase of over 60 aspiring entrepreneurs in Bahrain.
Posted: November 26, 2014
UAE. The tool allows both investor and occupier clients to make quick comparisons of rental, price and supply data across different asset classes.
Posted: November 26, 2014
UAE. HMH CEO Laurent A. Voivenel speaks on Dubai Beyond 2020 at Hospitality Expansion Middle East Summit; "If Dubai is to draw 20 million visitors annually by 2020 it will need to diversify its hospitality offering."
Posted: November 26, 2014
UAE. The airport continues to invest in better its services and connectivity to attract more traffic; The newly renovated Al Reem Lounge was unveiled in late October.
Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
Posted: November 25, 2014
SAUDI ARABIA. Militants who attacked Shiite Muslim worshippers in Saudi Arabia's oil-rich Eastern Province had links to Islamic State, the official Saudi Press Agency said.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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