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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: January 28, 2015
UAE. Oxford Business Group's publication provides detailed analysis of banking sector's performance.
Posted: January 27, 2015
UAE. Deloitte's 18th annual Global Powers of Retailing report explores innovative trends in the sector; US$4.4 trillion in fiscal year 2013 revenues of top 250 global retailers.
Posted: January 27, 2015
UAE. Dubai boosted passenger numbers 6.1% to 70.5 million last year, almost all of them traveling to or from locations outside the UAE; Heathrow attracted 68.09 million international travelers in 2014.
Posted: January 27, 2015
UAE. Average sales growth of 25-30% recorded at participating outlets; DSF to contribute to the drastic push in the gold sector.
Posted: January 27, 2015
UAE. Overall group revenue up11% year-on-year to AED 25 billion; EBITDA up 10% year-on-year to AED 3.6 billion
Posted: January 27, 2015
UAE. Dubai Marina is continuing to drive buyer demand at the beachside location, where prices have risen to AED 1,670 psf in the past five years, according to Cluttons.
Posted: January 27, 2015
UAE. Constraints in healthcare supply offer opportunities for public-private-partnerships as Arab Health Exhibition & Congress 2015 brings together diverse platform of regional and global markets.
Posted: January 27, 2015
UAE. Monthly report forecasts the performance of 29 submarkets across the region; Cairo and Sharm Al Sheikh anticipated to be strongest performers Q1 2015.
Posted: January 27, 2015
UAE. Alpen Capital study forecasts promising growth for retail sector across GCC; retail structure undergoing significant transformation, driven by the social and economic developments; the outlook for Qatar is most optimistic.
Posted: January 26, 2015
INTERNATIONAL. Greek singer Demis Roussos, best known for operatic pop ballads in the 1970s and 1980s, died in Athens at the weekend.
Posted: January 26, 2015
UAE. Employers need to create a long-term culture, focusing on professionals looking to establish their careers here rather than expatriates who stop by in the Gulf to avail themselves of tax benefits.
Posted: January 26, 2015
QATAR. The IMF expects the slowdown to continue; This will add to the deflationary pressures that are threatening the global economic recovery
Posted: January 26, 2015
UAE. Broadcast rights deals push entire Premier League into world's 40 highest earning clubs; Middle Eastern commercial partnerships contribute to significant commercial increases at both Manchester City and Paris Saint-Germain.
Posted: January 26, 2015
UAE. The Financial Times Global MBA Rankings of top business schools sees London Business School move up one place to second. Harvard retains first position and Wharton follows in third place.
Posted: January 26, 2015
UAE. Financial resources in healthcare are limited, and today it is more important than ever that healthcare treatments offer reasonable value for the money that they cost.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: January 29, 2015
UAE. World's largest wealth manager says price is likely to recover to US$67-US$72 by the end of 2015; Report published ahead of UBS's CIO roadshow to the Middle East next month.
date:Posted: January 28, 2015
UAE. opportunity for Gulf retailers with shoppers more willing to share personal information in exchange for rewards; 67% willing to share their data, second only to India.
date:Posted: January 28, 2015
UAE. Following two years of 25% annual growth, average prime residential prices have remained flat for the first time since Q1 2013.
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