INTERNATIONAL. Alpha generation is a distinct component of the strategy because it is critical to actively seek opportunities in all global markets in this challenging environment. Explicit tail risk hedging is essential to prepare for more frequent significant downturns, both to mitigate their effects and to potentially benefit from them.
UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.
UAE. "The dark clouds of protectionism" gathering over the air travel industry in Europe and the U.S. pose a significant threat to the millions of travellers who have benefitted from new choice in the market, said James Hogan, in a keynote speech in London.