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Posted: 25-02-2008
INTERNATIONAL. In its latest monthly Global Focus, Standard Chartered predicts there will be no sharp upturn in the current US recession and it will have a global impact. The rest of world may be better insulated, but not decoupled, and as risk aversion mounts, countries with current account deficits will see their currencies under pressure.The big story that is set to continue to unfold over coming months, and indeed years, is how the balance of global economic and financial power is shifting, from West to East. But three issues currently stand out. First, how severe will be th
Posted: May 21, 2015
UAE. New study conducted by YouGov and commissioned by the social enterprise C3 reveals the impact of CSR programs on UAE residents; Around three-quarters of residents are more likely to purchase from companies that actively contribute to the community.
Posted: May 20, 2015
UAE. According to a new report by The Boston Consulting Group, 33% of consumers would rather accept a 20% reduction in salary than give up their mobile phone; SME mobile leaders in emerging markets are leapfrogging older generations of technology still widely used in developed markets.
Posted: May 20, 2015
UAE. The first quarter of the year saw overall home values edge downward by a further -0.8%, leaving average prices -0.5% down on this time last year and 19.4% below the Q3 2008 historic peak.
Posted: May 19, 2015
INTERNATIONAL. Expectation of Fed rate rise moves towards 4Q15; Long U.S. dollar remains investment markets' most crowded trade, in fund managers' view. However, the survey's 41% reading on this measure has fallen sharply from last month.
Posted: May 19, 2015
INTERNATIONAL. What we are seeing now are fundamental re-emerging realities: Europe is a highly fragmented collection of nation-states. China contains its centrifugal forces through a powerful and repressive government in Beijing. Russia is neither an equal of the U.S. nor a helpless cripple to be ignored or tutored. And the map of the Middle East, created by the Ottomans and the Europeans, has hidden underlying forces that are rearing their heads.
Posted: May 18, 2015
UAE. Dubai has a presence of 55.7% of international retailers followed by Shanghai with 53.4%; Abu Dhabi ranks third place in top target market by new entrants; London retains top position as international shopping destination.
Posted: May 18, 2015
INTERNATIONAL. 41% of businesses are now equally focussed on divestment and acquisition activity; 54% of businesses said price was not their main consideration, with deal certainty taking precedence; Shift towards "manage and sign" approach rather than "sign and manage."
Posted: May 17, 2015
UAE. Deloitte presents the 2015 Media Predictions for the Middle East at the Arab Media Forum; Online short-form video to represent under three percent of all video watched in the Middle East; Print is alive and well, at least for books.
Posted: May 16, 2015
EGYPT. A stabilizing political landscape and growth-supporting reforms, as well as continued support from some Gulf states, are helping Egypt's economic recovery. S&P now projects real GDP growth at about 4.3% on average in 2015-2018, outstripping the 2.1% average in 2011-2014; 'B-/B' ratings affirmed.
Posted: May 15, 2015
UAE. Almost 40 percent of respondents named the CFO as either the first, second or third choice of partner for the CEO. The next most popular choices were the chief strategy officer (27%) and the board of directors (26%).
Posted: May 14, 2015
UAE. A new survey from Emirates NBD highlights that April was a positive month overall for the Dubai private sector economy, with output and new business volumes continuing to expand at robust rates.
Posted: May 12, 2015
UAE. "The technology market is an evolving domain that we have decided to foray into. As a holding company with several entities operating under our umbrella, we have a solid understanding of what it takes to succeed in this region."
Posted: May 12, 2015
UAE. One in four would not consider traveling with the same airline after experiencing delays; 75% would give up extras such as pre-bookable seats or free in-flight meals in order to stay connected using free in-flight Wi-Fi.
Posted: May 11, 2015
UAE. The relationship between price change and transactional volume in the market helps defining the best time to buy and sell a property, according to REIDIN report.
Posted: May 11, 2015
UAE. 66% say their salary is lower than other companies in their industry, according to the latest Bayt.com and YouGov Salary Survey; A staggering 87% of UAE respondents have seen the cost of living rise in 2014, with 34% saying that it grew by more than 20%.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2015
UAE. there is potential for investor sentiment towards the Euro to be pulled down even further by the news that anti-austerity parties were declared victorious in several local elections in Spain.
date:Posted: May 25, 2015
JORDAN. Partnerships between public, private, and people sectors can help MENA region reduce world's highest youth unemployment rate.
date:Posted: May 22, 2015
INTERNATIONAL. The minutes basically unofficially confirmed that there are only the slimmest of chances for a US interest rate increase next month.
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