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: May 20, 2016
INTERNATIONAL. Regional Managing Partner for Financial Services in EMEIA to head up EY's second largest geographic area by revenue; Joins EY's Global Executive committee.
Posted: May 20, 2016
UAE. Approximately one in five respondents in the Middle East explicitly stated that they are willing to act unethically and offer entertainment to win or retain business; 23% of respondents agree that it is common practice to use bribery to win contracts.
Posted: May 20, 2016
INTERNATIONAL. Global stocks overlooked the resurgence in oil prices with most major stocks tumbling to fresh six week lows during trading on Thursday, on the possibility that the Fed could raise rates in Q2.
Posted: May 20, 2016
JORDAN. Partnership will provide an innovative "off-grid" power and connectivity solution to improve the quality of education in the Zaatari Refugee camp in Jordan.
Posted: May 20, 2016
INTERNATIONAL. Win-win collaboration between Sino-Egyptian giants; Production base set in Egypt with sales expanding to Middle East and Africa.
Posted: May 19, 2016
UAE. Company requested to no longer participate in A.M. Best's interactive rating process.
Posted: May 19, 2016
UAE. Follows recent launches in Singapore and Japan due to rising worldwide demand for Fenergo's compliance, data and client lifecycle management solutions
Posted: May 19, 2016
UAE. GenoME to be held on 31 October after its successful launch in Saudi Arabia earlier in May; Conference aims to to shape the future of personalized medicine.
Posted: May 18, 2016
INTERNATIONAL. Announces a significant donation to the Bloomsbury Research Institute; will help accelerate the development of new treatments, vaccines and diagnostics for major global killers.
Posted: May 18, 2016
UAE. Iran's imminent re-entry to global trade to headline discussions at Seatrade Maritime Middle East 2016 exhibition and conference.
Posted: May 18, 2016
UAE. "Social media platforms are powerful global communication tools. These platforms are very diverse, they educate people, communicate news, ideas and knowledge while keeping us up to date".
Posted: May 18, 2016
UAE. In 2015, 38% more security incidents were detected in the Middle East than in 2014; Theft of "hard" intellectual property increased to 56% in; Incidents attributed to business partners climbed to 22%, from 18% in 2014.
Posted: May 18, 2016
INTERNATIONAL. The days when an academic position gave your expertise any kind of advantage over those of a think tank or economist have long gone - if they ever existed.
Posted: May 18, 2016
INTERNATIONAL. Internet growth has slowed because of barriers to online access and usage in the telecom, content and retail markets.
Posted: May 17, 2016
UAE. Shopping Centre also utilises mobile solutions for contact and prospect management.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2016
SAUDI ARABIA. Recent resolutions indicate a growing approach by the Ministry of Labour to require the complete Saudisation of certain activities within the retail sector. This article examines the existing requirements and also the proposal for a weighted Nitiqat.
date:Posted: May 24, 2016
INTERNATIONAL. 52% of companies don't have the necessary data to enhance insight into mobility plans; More than a third (35%) struggle to secure the right talent for mobility; 72% are not tracking the success of their international assignments.
date:Posted: May 24, 2016
UAE. "The current weakness in some submarkets of Dubai's office market is expected to persist, with further rental declines likely as we move into the summer months."
SAUDI ARABIA. Recent resolutions indicate a growing approach by the Ministry of Labour to require the complete Saudisation of certain activities within the retail sector. This article examines the existing requirements and also the proposal for a weighted Nitiqat.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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