May 17, 2012
The recovery of the economy is continuing despite the uncertain global economic environment. High oil prices and increased production, strong growth in Asia, and the UAE’s perceived safe haven status in the context of the regional turmoil.
One of the downsides of a globalised economy is that a crisis in one country would affect the entire world with effects varying across different regions, according to Frost & Sullivan.
The increasing interest in Islamic finance in major markets across the globe presents a unique opportunity of expanding the global footprint of the Islamic investments industry.
With markets in turmoil, Greeks are said to have withdrawn about €700 million (Dh3.27 billion) from banks since May 6 in the expectation of a rapid depreciation if the country exits the euro zone, Reuters reported yesterday.
Hotels are the number one contributor to global warming. That’s even more prevalent across the Gulf region where the World Wide Fund for Nature (WWF) has just ranked Qatar, Kuwait and then the UAE as having the globe’s largest carbon footprints.
Eight Bahraini women have made history as they were named among Forbes' most powerful females in the Arab world.
May 16, 2012
The new Companies Law will add value and attract investments with large capital requirements into the country.
Essentially, the source said, U.S. passport holders banking in the Lebanese system will be asked to sign documents that waive their right to privacy.
Sometimes it pays to ditch the office and stay home or go to a cafe. At least that’s what many so-called telecommuters across Lebanon have discovered, as an increasing number do their work from the convenience of ... anywhere.
The euro zone narrowly avoided recession in the first quarter as growth remained flat, showed data released yesterday by Eurostat, the area's statistics agency.
May 15, 2012
Seventy-two hours into the official launch of the latest iPad in the UAE, retailers are still waiting for the rush of customers.
Demand for consumer electronics could be in for another bout of growth, fuelled mainly by intense competition.
Starting out on one's own was never easy, but today there are a number of funds and support networks that promise to make the ride smoother.
Fostering creative industries can spur economic growth and create jobs in addition to promoting international cultural cooperation, Jordanian and European officials said at a forum Sunday.
Retailers are adopting eco-friendly measures in their mall fit-outs across Dubai to reduce the impact of doing business on the environment, says a major retailing firm.