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: August 27, 2014
INTERNATIONAL. The U.N. report is based on 480 interviews and documentary evidence gathered by its team, which is trying to build a case for future criminal prosecution.
Posted: August 27, 2014
INTERNATIONAL. Aircraft from the United Arab Emirates and Egypt attacked militia forces in Libya over the past week, the Pentagon's spokesman said, disapproving of the intervention.
Posted: August 27, 2014
UAE. "Zoukontent", an exclusive technology designed to create a smooth transition between website content and sponsored advertisements, with optimal audience engagement.
Posted: August 27, 2014
INTERNATIONAL. Afriwise Consult unlocks value of local expertise in Africa and offers clients a more holistic consulting approach.
Posted: August 27, 2014
INTERNATIONAL. Christine Lagarde has been placed under formal investigation by French magistrates for negligence in a political fraud affair dating from 2008 when she was finance minister.
Posted: August 27, 2014
UAE. S&P's rating was based on ADNIC's strong financial risk profile and satisfactory business risk profile, as well as its capital and earning strength and diverse investment portfolio.
Posted: August 27, 2014
INTERNATIONAL. In a clear break with the left flank of his ruling Socialists, Hollande caught everyone off guard with the appointment of Emmanuel Macron, a 36-year-old ex-Rothschild banker.
Posted: August 27, 2014
UAE. Acclaimed club offers industry leaders privileged event access, VIP programme, and year-round networking opportunities.
Posted: August 27, 2014
INTERNATIONAL. The reported initiative by Qatar coincides with an effort by the Gulf state to rebut accusations that it supports the most anti-Western militant armed groups in Iraq and Syria.
Posted: August 27, 2014
UAE. New Modern Standard Arabic dictionary features over 130,000 words and phrases, 200,000 translations, 70,000 real example phrases.
Posted: August 27, 2014
UAE. HBL Irtiqa'a is specifically for SMEs who have been operational for three years or more and want to develop and expand their business; the new offering enables investment in essential growth elements such as new premises, equipment and inventory.
Posted: August 27, 2014
SAUDI ARABIA. Strong demand fundamentals combined with increased public and private sector spending pushed up the average sales price; Momentum expected to continue as Riyadh attracts and promotes investment in industrial and supporting logistics facilities.
Posted: August 27, 2014
UAE. The work is being undertaken with Dubai Expo 2020 by a consortium made up of HOK and Arup, which continue their association with the project from the successful bid phase.
Posted: August 27, 2014
INTERNATIONAL. No clear victor emerged from what had become a war of attrition between the Middle East's most powerful armed forces and the dominant Hamas militant movement in the Gaza Strip.
Posted: August 26, 2014
SYRIA. "The cooperation has already begun and the United States is giving Damascus information via Baghdad and Moscow," one source close to the issue said on condition of anonymity.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 28, 2014
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
date:Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
date:Posted: August 28, 2014
UAE. The Saudi equity market index hits a 6 year high; Fed Chief Yellen's commentary at Jackson Hole summit seen as constructive; India in a sweet spot for emerging market debt investors.
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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