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 15, 2014
UAE. ESI to address federal human resource professionals about maintaining UAE's competitive edge through HR best practice at special Federal Authority for Government Human Resources joint breakfast session.
Posted: October 15, 2014
QATAR. QInvest has advised on 7 Sukuk transactions in 2014 with a total value of US$3.5bn; International medium-term Sukuk issuance has risen significantly vs. 2013 YTD, from US$12.7bn to US$18.1bn.
Posted: October 15, 2014
UAE. With Wealth Management becoming a major point of interest for the GCC market, the Wealth Management Symposium will offer with insights on Middle East, Swiss and Asian asset allocation.
Posted: October 15, 2014
UAE. Dedicated online marketplace for luxury pre-owned watches enables watch aficionados to trade, buy and sell luxury watches.
Posted: October 15, 2014
UAE. Mohammed Bin Rashid School of Government and SAP bring global Smart Government experts on Smart Government initiatives.
Posted: October 15, 2014
UAE. New ventures report shows spending will double this year across the region, with a focus on five areas: rail, roads, airports, ports and free trade zones.
Posted: October 15, 2014
BAHRAIN. Cluttons' latest Property Market Outlook indicates that increased focus on higher quality developments will begin to put rents under strain at the top end of the market.
Posted: October 15, 2014
UAE. Expedia/Egencia study examines how mobile devices impact travel; Second only to India, UAE travelers are the most dependent on mobile devices - with 86% saying their smartphone is "very important/critical" versus 76% globally.
Posted: October 15, 2014
UAE. Addition of five partners and other senior staff creates leading consulting portfolio from strategy to design, development and delivery.
Posted: October 15, 2014
UAE. UAE IT market estimated value around AED15.75 billion in 2013; UAE is a major re-export hub for computer products to Africa and South Asia.
Posted: October 14, 2014
INTERNATIONAL. Yahoo will continue to support its websites in the Middle East from Dubai and other regional offices; CEO Marissa Mayer is also eliminating about 400 positions in Bangalore.
Posted: October 14, 2014
BAHRAIN. The projects will involve investment in the industrial, infrastructure, and tourism sectors and will increase Bahrain's competitive advantage.
Posted: October 14, 2014
UAE. UAE employs over 28% region's total petrochemical workforce.
Posted: October 14, 2014
QATAR. Agreement to provide Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) systems to the Qatar Emiri Air Force.
Posted: October 14, 2014
UAE. Survey uncovers heightened IT security risks caused by a culture of employee complacency; identifies the four employee security behaviour profiles most likely to put business data at risk.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 16, 2014
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
date:Posted: October 15, 2014
UAE. The IMF revises GCC growth higher, but GCC equities head lower; Concerns on global growth spur flight to safety; The USD may have peaked short-term.
date:Posted: October 15, 2014
UAE. Expedia/Egencia study examines how mobile devices impact travel; Second only to India, UAE travelers are the most dependent on mobile devices - with 86% saying their smartphone is "very important/critical" versus 76% globally.
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
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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