TOP STORIES
-
Stock markets in the UAE and Qatar gained on Wednesday after the MSCI upgraded the two countries to emerging market status. This is likely to attract increased attention from foreign investors.
FEATURED
-
There will be a renewed focus next week on the Federal Open Market Committee (FOMC) meeting next week, and I am sure that every word will be dissected and analysed comprehensively, in the search for a conclusive answer about the tapering and/or ending of the Quantitative Easing programme. -
It’s not only the average-income consumers who have to grapple with inflation. Those with deeper pockets now have to spend more this year to continue living a life of luxury, a new research has found. -
More opportunities will be available to jobseekers this year as business confidence has returned and the UAE continues to perform better than other regions around the world, recruitment experts have said.
Education, Training & Recruitment
-
Hamdan Bin Mohammed e-University has announced that it has signed a framework agreement with Spain’s Open University of Catalonia.
Construction & Real Estate
-
United Development Co (UDC) , the developer of a man-made island in Doha, said on Thursday that is raising a 1.56 billion riyals ($428.4 million) loan facility from Qatar National Bank.
IT & Telecom
-
Cannibalisation of tablet computers is again going to make a big dent in computer (portable and desktop) sales in the UAE in the second quarter.
Retail & Services
-
Morocco will cut subsidy spending by 20 percent to 42 billion dirhams ($5 billion) or less in 2013 - depending on international commodities prices, the general affairs minister said on Friday.
Transport & Shipping
-
Emirates on Wednesday announced an upgrade of service from Dubai to Los Angeles with the introduction of the A380 starting on December 2, this year.
Banking & Finance
-
National Bank of Kuwait (NBK) enjoys the largest international network of any Kuwaiti bank, offering its customers access to 16 markets in four continents around the world.
Economy & Trade
-
Dubai Exports showcased the emirate’s expertise and resources in Islamic economic services to the business community in Toronto and Vancouver.
Manufacturing & Industry
-
Samsung Electronics announced the introduction of the GALAXY Tab 3 8-inch and 10.1-inch which will be available globally beginning of June.
Oil & Energy
-
The UAE’s May oil output rose 1.1 per cent over April to 2.73 million barrels per day (bpd), latest data from the Paris-based International Energy Agency (IEA) showed.
Tourism & Hospitality
-
Emirates on Wednesday announced an upgrade of service from Dubai to Los Angeles with the introduction of the A380 starting on December 2, this year.