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: December 18, 2014
QATAR. The seminar also explored practical issues faced by tax payers in Qatar, recent updates to the tax regime in the Qatar Financial Center, and international tax highlights.
Posted: December 18, 2014
INTERNATIONAL. Their dependence on oil is their Achilles' heel, and a knife went through it when the price of oil started to fall. They're also hurt by the sanctions that make it difficult to finance debt.
Posted: December 18, 2014
UAE. Experts say part of the solution to addressing water security is through the deployment of new technologies that increase desalination capacity, while reducing the energy needed to process seawater.
Posted: December 18, 2014
UAE. The level of consumer trust in insurers is 52%, compared to 73% for supermarkets, and 71% for banks; 32% in UAE and 49% in KSA likely to switch insurers in the next 12 months.
Posted: December 17, 2014
INTERNATIONAL. Russians don't respond to economic pressure as Westerners do. Sanctions reflect European and American thresholds of pain. They are designed to cause pain that the West could not withstand. Applied to others, the effects may vary.
Posted: December 17, 2014
UAE. The emirate's economy is expected to grow 4.5% next year from an estimated 4% in 2014; Real-estate and construction may expand about 6% each.
Posted: December 17, 2014
UAE. The leading Arab Medical Online Interactive Platform serves more than 5 million unique visitors a month and oversees more than 5000 interactions a month between a network of over 1,500 verified physicians and users.
Posted: December 17, 2014
UAE. MoU underlines the strong cooperation between both markets; aims to achieve the ultimate objective of integrating GCC markets and improve the quality of services provided to investors and companies.
Posted: December 17, 2014
UAE. The report identifies growth, leadership, and talent acquisition and retention as the three key areas on which Gulf businesses need to focus.
Posted: December 17, 2014
UAE. Threat actors hack email and steal sensitive data from United States and Allies, according to new Trend Micro report.
Posted: December 17, 2014
SAUDI ARABIA. In general, the lack of certainty regarding damages means the litigation risk is significantly higher in Saudi Arabia compared with other jurisdictions. In comparison, however, the level of damages awards remains much lower.
Posted: December 17, 2014
UAE. CFA Institute's 2015 Global Market Sentiment Survey highlights importance of central bank policies for 2015 market performance, notes concerns about weak developed markets and political instability.
Posted: December 17, 2014
UAE. Improvements to infrastructure set to bolster long term capital value growth; Freehold transactions fall by almost one third during Q3 2014.
Posted: December 17, 2014
UAE. Arabian Travel Market to feature International Luxury Travel Market (ILTM) as YouGov report highlights appeal of MENA region as global luxury hotspot.
Posted: December 17, 2014
ALGERIA. Abraaj completes inaugural investment in Algeria and its first in the logistics sector in North Africa; brings significant experience from logistics investments in the Middle East, Latin America and South East Asia.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 19, 2014
UAE. As a gateway of opportunity for Asia, Dubai has a key role in driving growth momentum; Between 2010 and 2013, GCC-China trade grew faster than with any other significant trade partner.
date:Posted: December 18, 2014
INTERNATIONAL. A new analysis presents the key trends that will transform the global market over the next decade and beyond.
date:Posted: December 18, 2014
UAE. International tourism and a stronger middle class are shaping luxury trends, including luxury experiences and alternative luxury channels, with a focus on the consumer rather than geography.
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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