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: April 12, 2014
UAE. "Dubai's attraction as an investment hotspot was never greater," says Hamed Mokhtar, Managing Director at Fortress Investments.
Posted: April 12, 2014
UAE. New rules include significant changes regarding document production and Pro Bono litigants.
Posted: April 11, 2014
IRAQ. Iraq Future Energy Summit will provide an opportunity to hear experts involved with Iraq's energy sectors discuss the key issues affecting and aiding progress.
Posted: April 11, 2014
INTERNATIONAL. Strategic partnership with UBS to result in rebranding of Dow Jones-UBS Commodity Indexes as Bloomberg Commodity Indexes.
Posted: April 11, 2014
UAE. More than 60% awarded in the Construction (real estate) sector, followed by the Oil sector (21%) and the Transport sector (8%).
Posted: April 10, 2014
KUWAIT. During the fair, HEC Paris will be holding one-to-one meetings with interested and qualified business executives.
Posted: April 10, 2014
UAE New boutique in terminal 3 has been artistically designed across 2,726 square foot retail space similar to a luxury high street store, offering passengers a unique experience and exclusive products.
Posted: April 10, 2014
UAE. Annual Investment Meeting (AIM) covered high level talks on sustainable investment in emerging markets, ways to attract investment and risk management.
Posted: April 10, 2014
UAE. Arab World Social Entrepreneurship Program (ASEP) focuses on enhancing social innovation; Leadership Circle comprising business leaders formed to co-create social entrepreneurship ecosystem in the UAE and the Gulf region.
Posted: April 10, 2014
UAE. To address the obesity epidemic in the UAE, Salama bint Hamdan Al Nahyan Foundation is conducting workshops in collaboration with Yale University.
Posted: April 10, 2014
UAE. Event, at ADNEC from 22-24 April, to draw regional authorities, institutional investors and over 120 realty-based businesses.
Posted: April 10, 2014
UAE. over 3 billion cups of tea are served each day around the world, the UAE itself consumes 20 kilos of tea daily; Total volumes of tea flowing through Dubai increased by 29% to 129,000 tonnes.
Posted: April 10, 2014
UAE. El Ghawi brings to his new role 19 years of practice in external and internal audit departments at both private and public sectors.
Posted: April 10, 2014
SAUDI ARABIA. "A Step Ahead" is a program designed to expose Saudi woment to new job opportunities. It targets especially postgraduate students or fresh graduates by encouraging them to become active members of the Saudi workforce.
Posted: April 10, 2014
QATAR. The Group maintained an efficiency ratio (cost to income ratio) of 21.7%, which is considered one of the best ratios among financial institutions in the region.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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