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: October 28, 2014
UAE. Globalpharma to have access to Sanofi's expertise and technology.
Posted: October 28, 2014
UAE. Increased activity in off-plan sales; Latest rental index remains at 0-5%; Office and retail show higher occupancy.
Posted: October 28, 2014
UAE. The Gartner report evaluated seven global firms and networks on three dimensions of risk management - framework, metrics, and systems.
Posted: October 28, 2014
UAE. The full range of possibilities created by the IoT continues to grow and is now being realized by enterprises across the world.
Posted: October 28, 2014
LEBANON. Net income remained almost unchanged with a small drop of 0.7% during the first nine months of 2014, to reach US$112.8 million as compared to US$113.6 million in the same period of last year.
Posted: October 28, 2014
UAE. New research conducted for OutSystems revealed that 85% of companies have a mobile backlog of between one and 20 applications, with a majority (50%) having a backlog of between 10 and 20 apps; Only 6% have all the mobile developer talent they need.
Posted: October 28, 2014
UAE. "The ability to attract the required talent is a number one priority and challenge today, both in the UAE and around the world."
Posted: October 28, 2014
UAE. Beating competition from 150 applicants, the start-ups receive US$20,000 each and three month incubation.
Posted: October 28, 2014
UAE. Inaugural exhibition to feature local and international contemporary art.
Posted: October 27, 2014
UAE. Spurred by an ongoing increase in the number of wide bodied aircraft, particularly in the fleet of Emirates, the passenger per aircraft movement increased by 4.6% to 201.8.
Posted: October 27, 2014
UAE. Revenues increased to AED 922 million vs Q3 2013; Net Profits increased 16% to AED 69.5 million vs Q3 2013.
Posted: October 27, 2014
UAE. Net Profit increase to AED 1.76 billion compared to AED 1.30 billion at the end of September 2013; Operating Income up 24% to AED 4.3 billion; Capital Adequacy steady at 16.4%.
Posted: October 27, 2014
UAE. With governments fully behind sustainable building, a new report examines how developers and contractors can meet standards and how suppliers can benefit.
Posted: October 27, 2014
UAE. The three-day event is an unprecedented gathering of business and government leaders from over 90 countries to discuss how to tackle today's most challenging trade and development issues.
Posted: October 27, 2014
UAE. Education experts from Pearson have welcomed the UAE Government's plans to promote innovation across the Emirates' schools and universities.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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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