Press Releases

FEATURED REPORT...
Posted: 03-12-2008
UAE. Liverpool Football Club Captain Steven Gerrard joined forces with ‘Team Azizi’ last night at a VIP launch event for the Dubai-based developer Azizi Investments at London’s Dorchester Hotel. Gerrard gave his seal of approval to his signature tower - the Azizi Crystal at The Palm Jebel Ali - at the launch, which was attended by a host of VIP investors as well as guest speakers from CNN and Bloomberg. Within minutes of launch, the developer said it had achieved sales of more than AED150 million, dramatically bucking overall market trends and indicating continued interest in the
Posted: February 8, 2016
UAE. Whilst there may be some concerns that the introduction of VAT may intensify the cost of doing business, the anticipated low rate of 5% should mitigate this.
Posted: February 8, 2016
QATAR. Qatar is set to award more than $22bn worth of new contracts in 2016 as it maintains its spending spree in advance of the FIFA 2022 World Cup
Posted: February 8, 2016
UAE. Morgan will take on the role having successfully led the Cluttons' market leading Middle East operations since 2013.
Posted: February 8, 2016
UAE. FY2015 rental income record 11% growth to US$ 815 million; Visitor arrivals to Emaar Malls assets in 2015 cross 124 million, an increase of 9% over 2014.
Posted: February 7, 2016
UAE. "Opportunities to Inspire" campaign underscores division's growth strategy.
Posted: February 6, 2016
UAE. What you can't see can hurt you. To ensure state-sponsored hackers do not bypass your security controls, decrypt and examine all traffic.
Posted: February 6, 2016
INTERNATIONAL. New report forecasts that "by 2020, 10% of enterprises will have included canceling their on-premises ERP vendor maintenance agreements in their postmodern ERP strategy, lowering annual support costs by up to 50%".
Posted: February 6, 2016
UAE. Such a move could yield an estimated $16.3 billion in economic benefits to the region.
Posted: February 5, 2016
UAE. Thirty-four percent year-over-year revenue growth in global enterprise orders and continued DRaaS demand catapults Veeam to reach their goal of US$1 billion in revenue by 2018.
Posted: February 5, 2016
UAE. Three-pronged effort to include services, training and a US$100 million investment fund.
Posted: February 5, 2016
UAE. Mr. Thomas will be based in New York where he will be responsible for all commercial activity for Etihad Airways, as well as further growing the airline's relationships with trade and corporate partners.
Posted: February 5, 2016
UAE. Dr Payyazhi Jayashree, Principal Investigator behind the study leads panel discussion.
Posted: February 5, 2016
UAE. The fourth quarter of 2015 was marked by new attack channels used by cybercriminals to disable resources. It also saw the longest botnet-based DDoS attack in 2015, which lasted more than two weeks.
Posted: February 5, 2016
UAE. ATM 2016 roadshow highlights trending mid-market tourism; expanding low cost airlines will spur growth; Dubai offers tax break for mid-scale investment; less than 30% of Dubai hotel stock is three-star and below.
Posted: February 5, 2016
SAUDI ARABIA. Saudi Arabia's Ministry of Defense announced it is prepared to deploy ground forces in Syria to fight ISIS, if the U.S.-led international coalition also deploys ground forces.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 10, 2016
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
date:Posted: February 10, 2016
UAE. Across the Middle East, educational institutions and providers face a myriad of challenges and opportunities; "Educational organizations are increasingly being asked to demonstrate their wider impact and contribution to goals around employability, social mobility and inclusion."
date:Posted: February 9, 2016
UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
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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