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: July 23, 2014
UAE. The UAE Central Bank has announced recently a new lending facility to assist banks which face short term liquidity shortfalls in the future.
Posted: July 23, 2014
UAE. Griffiths joins the company from Thailand-based Oriental Copper, one of the top 5 global suppliers of fabricated copper based products and solutions for the electrical energy and electronics industry.
Posted: July 22, 2014
UAE. If Saudi Arabia was to join the MSCI Frontier Markets, it would become its first component with a weighting above 60%.
Posted: July 22, 2014
UAE. Global banking sector increases IT spend to meet customer and regulatory demands, with 65% saying mobile is most important tech trend, according to SAP study.
Posted: July 22, 2014
UAE. Awards aim to promote ethics and innovation in financial services.
Posted: July 22, 2014
UAE. Yas Mall to house new shopping concept set to be the largest department store in the region comprising 200,000 square feet of prime retail space.
Posted: July 21, 2014
UAE. Topics of major consideration for the industry include Big Data analytics, core banking optimization, mobile and social marketing, regulatory compliance and new payment solutions.
Posted: July 21, 2014
KUWAIT. First half 2014 net profit figure represents an increase of 10% over the same period last year; Deposits increased by 4% to reach US$ 38.1 billion.
Posted: July 19, 2014
BAHRAIN. The Deloitte Bahrain practice began operations in 1955 and offers a large array of professional services in Audit, Consulting, Financial Advisory and Enterprise Risk services.
Posted: July 17, 2014
UAE. Led by Dr. Sanjay Sarma, the course aims to give participants the opportunity to heighten their understanding of key technology trends applicable to the business world.
Posted: July 17, 2014
UAE. The deals with RSP Architects, Planners and Engineers are worth AED46 million (US$12.5 million); Tenders for the construction of both projects are expected to be released before the end of 2014.
Posted: July 17, 2014
INTERNATIONAL. Hugh Jackman joins VIP guests for launch of high performance leather goods.
Posted: July 17, 2014
INTERNATIONAL. The building, designed by architect Frank Gehry, will become a new center in Paris for contemporary French and international artistic creation.
Posted: July 16, 2014
UAE. The event will bring together over 100 institutional investors from around the world and the senior management of leading companies from the Middle East and Africa to discuss their growth, funding and competitive strategies.
Posted: July 16, 2014
UAE. The new GE9X engines will power Emirates' record 150 Boeing 777X aircraft order.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 30, 2014
SAUDI ARABIA. IMF Executive Board Concludes 2014 Article IV Consultation; Saudi Arabia has supported the global economy through its stabilizing role in the global oil market.
date:Posted: July 30, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
date:Posted: July 30, 2014
INTERNATIONAL. S&P opinion "reflects the increasing need for life and health insurance products in those countries as well as some largely underdeveloped personal lines, such as property."
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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