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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: June 30, 2016
BAHRAIN. Private wealth in Bahrain is expected to reach approximately US$0.3 trillion in 2020, BCG report finds.
Posted: June 28, 2016
UAE. Acknowledged as a generational disruptive force, blockchain can protect and enable Smart City development and digital transaction systems; Plays important role in incubating regional start-ups ecosystem; Provides support for industries such as healthcare, transport, finance.
Posted: June 28, 2016
UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
Posted: June 28, 2016
OMAN. Private wealth held by upper high-net-worth households in Oman is projected to increase by a healthy 8.8% over the next five years.
Posted: June 27, 2016
UAE. Global mobile usage intensifies, fueled by increased device penetration. Smartphone and tablet penetration are all increasing, with wearables experiencing the highest growth rate with roughly 10 percent global penetration - nearly doubling ownership rates from last year.
Posted: June 23, 2016
SAUDI ARABIA. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
Posted: June 22, 2016
INTERNATIONAL. 27% believe digitalization is the greatest disruptor to their core business.
Posted: June 22, 2016
UAE. A new generation of young, highly motivated and mostly well-educated men and women is ready to take over leadership of their family businesses, according to new Deloitte report.
Posted: June 21, 2016
UAE. 63% of regional telcos see capex trending up in the next 12 months, compared with 50% globally.
Posted: June 21, 2016
UAE. "This Deloitte study is unique because it provides an exclusive perspective on the issues boards of directors in the region are currently facing."
Posted: June 21, 2016
INTERNATIONAL. People worry that their employer may use the data against them and not for their benefit, according to new PwC research.
Posted: June 20, 2016
UAE. Need to ensure right knowledge, systems and processes are in place; The envisaged system is a standard fully-fledged VAT system that will apply at 5% across the GCC.
Posted: June 16, 2016
UAE. Whereas businesses were likely to consider human capital, reputation and customer capital as the assets with most strategic value, in 2016 innovation has started to take the lead.
Posted: June 15, 2016
SAUDI ARABIA. "The new law will result in a fundamental change in Saudi Arabia's real estate market and help stimulate further development to address the severe shortage of middle income housing".
Posted: June 13, 2016
UAE. The recent statement that has permeated the Dubai zeitgeist is the diversification of the economy into different sectors and away from real estate.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 22, 2016
INTERNATIONAL. Just 10% of insurers have strategic plans in place for the arrival of driverless vehicles; It will be up to 20 years before they become mainstream.
date:Posted: July 22, 2016
INTERNATIONAL. The botched coup was nothing but, as he put it, "a gift from God" to purge what is left of Turkey's democracy and cleanse the army and judiciary in order to ensure the total subordination of all institutions to his whims.
date:Posted: July 22, 2016
INTERNATIONAL. 90% of non-tech companies face increased competition from digital adopters; 67% plan acquisitions to upgrade their digital capabilities.
INTERNATIONAL. The botched coup was nothing but, as he put it, "a gift from God" to purge what is left of Turkey's democracy and cleanse the army and judiciary in order to ensure the total subordination of all institutions to his whims.
INTERNATIONAL. As smart devices are becoming autonomous, chief information security officers are being required to adopt new mechanisms and approaches to trust.
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