March 4, 2012
Saudi Arabia is making a smooth transition into an advanced industrialized country.
European sanctions against Iran's oil exports will affect the world economy and hurt European and non-European countries.
More than a trillion dollars of what can broadly be catagorized as infrastructure projects are underway in the Middle East, a staggering two-thirds of them in the business-friendly UAE.
Through retail shopping, construction of new hotels and tourism attractions, the UAE is fast becoming one of the major global hubs for luxury goods and services.
Nobody likes losing money, absolutely nobody. That's one of the few things that can be safely said about almost every single person on the planet.
Some frontline service employees who are rewarded for hikes in customer loyalty and satisfaction also may engage in "service sweethearting," a clandestine practice that costs their employers billions of dollars annually in lost revenue, a new study had found.
March 1, 2012
The internet use in the UAE is among the cheapest and the fastest in the Middle East.
Marketers eager to reach Facebook’s 845 million users pay these software-savvy go- betweens fees as high as millions of dollars a year to create pages where customers can get discounts, participate in contests and interact with fellow fans.
The performance of Bahrain’s traditional export-orientated heavy industries is less sensitive to local issues.
Rather than imposing a unified minimum wage across the country, experts advise seeking alternatives that factor in regional and sectoral variations as well as imbalances in standards of living, growth and productivity.
Internatiobal tourist arrivals grew by over four percent in 2011 to 980 million, according to the World Tourism Organisation’s (UNWTO) latest World Tourism Barometer.
Under the tagline “Dubai means business”, the campaign emphasises its strategic location between east and west and showcases its success stories in trade, infrastructure and entrepreneurship.
February 29, 2012
The combined value of current construction projects in the UAE is about $1.25 trillon (Dh4.59 trillion).
The crude exporting countries know very well that the windfall gains do not last for long. This has happened before and will happen again. The countries may have already planned how they are going to use their surplus from oil revenues.
The International Air Transport Association (IATA) said global traffic continued to rise in January showing a 5.7 percent jump in passenger demand, but air freight demand fell 8 percent over last year.