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: October 29, 2014
UAE. compareit4me.com survey results come as UAE banks' personal loans portfolio reaches US$80.5 billion.
Posted: October 29, 2014
QATAR. Qatar to establish itself as a strong tourism hub in the Middle East, according to Deloitte's latest "Middle East Hotel Market Intelligence Report."
Posted: October 29, 2014
UAE. Ranking largely owed to position as region's leading trade and financial hub; BVI and Cayman Islands retain number one status; Hong Kong and Singapore gain tractions as demand shifts from offshore to mid-shore; Asset protection and wealth management are primary drivers for using offshore entities.
Posted: October 29, 2014
OMAN. "OCF14 is not about theory, it is about real life issues. Issues that impact each and every one of us. In my view, innovation is not about new or complex ideas, products or services. It is about crafting something that works better, leads to better results and creates a better pathway forward."
Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
Posted: October 29, 2014
UAE. New Marketing & Communications function created to support business growth, build brand and company transformation; Helena Norrman appointed Chief Marketing and Communications Officer.
Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
Posted: October 28, 2014
UAE. The market for water and wastewater treatment equipment in the GCC is estimated to be US$$2.2 billion in 2014, and is expected to grow at a compound annual growth rate of 10.6% up to 2020 to reach US$$4 billion.
Posted: October 28, 2014
UAE. PwC commissioned a survey of more than 500 retail banking customers in the GCC, to find out what customers really want.
Posted: October 28, 2014
UAE. Globalpharma to have access to Sanofi's expertise and technology.
Posted: October 28, 2014
UAE. Increased activity in off-plan sales; Latest rental index remains at 0-5%; Office and retail show higher occupancy.
Posted: October 28, 2014
UAE. The Gartner report evaluated seven global firms and networks on three dimensions of risk management - framework, metrics, and systems.
Posted: October 28, 2014
UAE. The full range of possibilities created by the IoT continues to grow and is now being realized by enterprises across the world.
Posted: October 28, 2014
LEBANON. Net income remained almost unchanged with a small drop of 0.7% during the first nine months of 2014, to reach US$112.8 million as compared to US$113.6 million in the same period of last year.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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