September 18, 2013
For a single fiscal year, it has been estimated that the Sheikha allocates approximately $1 billion a year for purchasing one-of-a-kind art pieces from all corners of the globe. That is over thirty one times more than the Museum of Modern Art in New York City spent on artworks in 2012.
September 17, 2013
A recent study by Google Inc. found that the smartphone penetration in the United Arab Emirates is 62 per cent.
Unprotected remote working and social media use can pose significant risks to both individuals and businesses across the Middle East.
Qatar, the UAE and Saudi Arabia, ranked 13th, 19th and 20th, respectively, are among the top 20 most competitive economies in the world.
Though Syria is neither a major nor gas oil producer, its brutal civil war has strategic significance to the energy markets
It is worth remembering that there is a ‘good growth’ but there is also a ‘bad growth’ and it is important that the senior management can distinguish between the two.
September 16, 2013
Up to this day, a number of borrowers are still struggling to repay loans and credit card debt, but with the economy now showing signs of recovery, financial institutions seem to loosen up on lending terms.
The use of social media has grown exponentially in the Arab World, with data from the first quarter of the year indicating that the UAE continues to have the highest Facebook penetration rate amongst all Arab countries with 41 per cent.
Twitter's stock market debut is likely to be the most scrutinized coming-out party since Facebook went public in May 2012 and promptly flopped
While the number of universities and colleges in the Kingdom has shot up to 333, the private sector has also been making substantial contributions for the development of science and technology
September 15, 2013
The failure to “make hay while the sun shines” will come back to haunt the Lebanese economy in the third period which started in 2011 and continues until today.
While the politics remains centre stage in Egypt, the recent positive price action on Egyptian assets warrants a close look at the fundamentals.
It's only the beginning: how the 'shale revolution' is shifting the landscape of global oil production
The changing fundamentals of global energy balance over the last few years, seems to have taken out that sense of unpredictability, from the very equation.
The eurozone crisis is over, or so we are being told. But can a couple of quarters of economic growth support claims of recovery?
Pay inequality is not unique to Oman. Based on the experiences of many countries, no government in the world has any real control on the wage structure, especially in the private sector.