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: April 16, 2015
UAE. In era of lower prices but rising demand, technology helps optimize efficiency, increase profitability, and guard against price volatility.
Posted: April 16, 2015
INTERNATIONAL. Up 800,000 b/d from February to highest level since November 2012; Saudi Arabia boosted production by 280,000 b/d to 10 million b/d.
Posted: April 16, 2015
UAE. The UAE is a typical example of how the growth of talents and skills is key to improving competitiveness; Algeria, Libya and Yemen rank in the bottom quartile globally, while most of the GCC countries rank among the top quartile globally.
Posted: April 15, 2015
UAE. Study reveals the digital divide between Internet haves and have-nots is widening, with a number of emerging markets failing to implement the basic reforms that could boost economic development.
Posted: April 15, 2015
UAE. "If our growth is curtailed or our investments in airlines are compromised, the real damage will be to Europe in lost jobs, lost flight connectivity, lost investment in local and national economies and lost consumer choice."
Posted: April 15, 2015
INTERNATIONAL. One solution to Greece's debt problem is to abandon the euro and resurrect the drachma. Peter Schiff explains why this would be ideal for Greek politicians, but a disaster for Greek citizens and creditors. He also reveals why the U.S. faces the same debt dilemma, with one major difference - the US already has a currency it can devalue.
Posted: April 15, 2015
INTERNATIONAL. "The Commission's preliminary view is that such conduct infringes EU anti-trust rules because it stifles competition and harms consumers."
Posted: April 15, 2015
UAE. Global study by Aruba Networks confirms the need to identify and support high-risk, security-agnostic employees to protect sensitive data.
Posted: April 15, 2015
INTERNATIONAL. An estimated US$8 trillion to be generated through new connections over next decade; The Trend Report estimates that there will be 50 billion devices connected to the Internet by 2020 compared to 15 billion today.
Posted: April 15, 2015
INTERNATIONAL. Iran said on Wednesday it would only accept a deal over its contested nuclear program if world powers simultaneously lifted all sanctions imposed on it.
Posted: April 15, 2015
UAE. "Attackers don't need to break down the door to a company's network when the keys are readily available."
Posted: April 15, 2015
INTERNATIONAL. The current balancing act in the Middle East represents a fundamental rebalancing of American strategy. It is still clumsy and poorly thought out, but it is happening. And for the rest of the world, the idea that the Americans are coming will become more and more rare.
Posted: April 15, 2015
INTERNATIONAL. All-share deal values the company at US$16.6 billion; Aims to compete with market leader Ericsson; Sector suffering weak growth prospects and pressure from low-cost players.
Posted: April 15, 2015
UAE. "Only a small minority of mid-sized companies have taken advantage of bond/sukuk markets to extend their liability profiles and diversify their investor base."
Posted: April 15, 2015
UAE. Global experts in the field of innovation to help enrich the Mohammed Bin Rashid Centre for Government Innovation with experience and innovative ideas and support its efforts in promoting the UAE position on the global map of government innovation.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2015
QATAR. Northwestern University study reveals changing views on political speech, social media use, news credibility; places attitudes and behaviors of Arab countries in global context.
date:Posted: April 16, 2015
LEBANON. "The persisting high level of political uncertainties in the country and wide spillovers from the Syrian crisis, represented the main factors that negatively affected the confidence of Lebanese consumers during the third quarter of 2014."
date:Posted: April 16, 2015
INTERNATIONAL. Up 800,000 b/d from February to highest level since November 2012; Saudi Arabia boosted production by 280,000 b/d to 10 million b/d.
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