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: July 28, 2015
UAE. Revenue up 6% at AED 13.3bn; Consolidated EBITDA at AED 6.8bn, up 17% and resulting in margin of 51%; Consolidated net profit after Federal Royalty reached AED 1.5bn.
Posted: July 28, 2015
UAE. James Hogan highlights the importance of consumer choice and innovation as the fundamental drivers of competition in the international airline industry.
Posted: July 28, 2015
SAUDI ARABIA. Office take-up continued to increase in Riyadh and Jeddah in H1 2015; Vacancy rates were broadly stable; Rents were also unchanged.
Posted: July 28, 2015
SAUDI ARABIA. Study by Glowork highlights women's perceptions before graduation, shows regional differences within the Kingdom, and the need to develop part time jobs and internship programs.
Posted: July 28, 2015
UAE. S&K Estate Agents LLC (also known as Smith and Ken) has been handed to liquidators in a process to pay back creditors, with all 80-plus employees having lost their positions.
Posted: July 28, 2015
UAE. Union Bancaire Privée, announced today net earnings of CHF79.5 million as at the end of June 2015, down 3% from CHF 82 million one year earlier.
Posted: July 28, 2015
UAE. Award recognizes lifetime achievements in research.
Posted: July 28, 2015
Lebanon. Bank posts an increase in its consolidated Net Profit by 1.1% compared to the same period of last year to reach US$70.1 million.
Posted: July 28, 2015
INTERNATIONAL. The undisputed king of oil and gas is making some moves that could change the face of the global refining sector; It all translates into lower prices of refined fuels that will eventually benefit Asian customers who will pay less for transportation, basic commodities and essential services.
Posted: July 28, 2015
INTERNATIONAL. Too often, we see the future as we see the past - through the distorted lens of the present; But whatever the time, direction or dimension we are operating in when forecasting geopolitical events, we must simultaneously exist in the past, present and the future to prepare for a world that we have yet to know.
Posted: July 28, 2015
UAE. Innovation a key feature of business plans submitted at this year's Dunia Young Business Leaders Program; Students required to come up with a commercial concept and develop a complete business plan to prove its overall robustness.
Posted: July 27, 2015
INTERNATIONAL. Internet.org brings new users onto mobile networks on average over 50% faster after launching free basic services; More than half of the people who come online through Internet.org are paying for data and accessing the internet within the first month.
Posted: July 27, 2015
INTERNATIONAL. The African financial services industry is rapidly evolving as a result of advancing technology which is fueling innovation and growth in the sector.
Posted: July 27, 2015
UAE. UAE-originated artisan brand to showcase unique assortment to chocolate connoisseurs at iconic luxury London store.
Posted: July 27, 2015
UAE. The drop comes amongst a surge in supply as 6,750 new residential units were delivered this quarter, taking the total Dubai residential stock to 479,000 units.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 29, 2015
UAE. "The proposed introduction of an Insolvency Law can only be a good thing, as it has the potential to strengthen business confidence and boost inward investment into the region."
date:Posted: July 29, 2015
UAE. Investment values in Egypt increased in 2014; UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments, according to the latest "MENA Private Equity & Venture Capital" report.
date:Posted: July 28, 2015
SAUDI ARABIA. Study by Glowork highlights women's perceptions before graduation, shows regional differences within the Kingdom, and the need to develop part time jobs and internship programs.
UAE. Investment values in Egypt increased in 2014; UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments, according to the latest "MENA Private Equity & Venture Capital" report.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
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