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: November 24, 2014
UAE. Chad Floe appointed as Operating Partner and Managing Director Corporate Finance.
Posted: November 24, 2014
UAE. Arab Health exhibition to showcase increased participation from UAE healthcare entities.
Posted: November 24, 2014
QATAR. Oil and gas-producing nations likely to come under pressure from falling asset prices; Global economy requires concerted effort to resist stagnation and resolve debt issues.
Posted: November 24, 2014
UAE. International Autumn Trade Fair, now branded as "Smart Living"; UAE's retail sales crossed US$66 billion in 2013, according to A.T. Kearney Global Retail Development Index.
Posted: November 24, 2014
UAE. Andrew Liveris, speaking on the sidelines of a conference in Dubai, said his company was "moving from doing commodities just for commodities sake, moving more downstream and Kuwait is more about commodities..."
Posted: November 22, 2014
OMAN. One of the world's most advanced fuel efficient LNG carriers; The 162,000 cubic metres capacity vessel was built by Hyundai Heavy Industries in South Korea.
Posted: November 22, 2014
UAE. ICT spending in the Middle East would top US$96 billion by the end of the year, with education being one of the top three sectors driving the industry's growth.
Posted: November 22, 2014
UAE. During event keynotes, Samsung shows upcoming line of FreeSync-enabled Ultra-High Definition Displays and Capcom announces evaluation of AMD Mantle API.
Posted: November 22, 2014
UAE. DuBiotech has conducted a high level event focused on the challenges of stimulating the biotechnology industry in the UAE.
Posted: November 22, 2014
UAE. Over US$60 million investment in four ship-to-shore container cranes and 12 rubber tyred gantry cranes; Sophisticated cranes with user-friendly interfaces adopt the highest standards of safety
Posted: November 20, 2014
UAE. Security is one of the top priority area for many business leaders. The key question however, remains how aware are CIOs of whether they are doing the needful and what that in essence entails?
Posted: November 20, 2014
UAE. The Dubai utility issued a tender for the second phase of the Mohammed bin Rashid Al Maktoum Solar Park, a 100MW photovoltaic plant that will be developed and operated by a qualified Independent Power Producer (IPP).
Posted: November 20, 2014
UAE. Conares is the second largest private sector steel plants in the Gulf region; "Local steel manufacturers are capable to offer internationally competitive costs in the UAE," says Bharat Bhatia.
Posted: November 20, 2014
BAHRAIN. More than 100 potential entrepreneurs to benefit from this year's signature events.
Posted: November 20, 2014
UAE. Transaction attracted an order book of over US$ 3 billion, more than 6 times oversubscribed, from a high quality and diversified investor base.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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