March 22, 2012
Prepaid card payments are likely to grow faster than credit and debit cards as they started from a smaller base, said Richard Bialek, Senior Business Leader of Prepaid Products at Visa.
About 47 percent of the UAE’s total air traffic movement in January came from Dubai with 24,338.
The average profile of a person can be overflowing with information that could be used to construct a fairly detailed sketch of a job applicant, which can differ greatly from the image that applicant would like to project to a potential employer.
The supply-demand imbalance in the sukuk market means that issuers can place sukuk among a wide investor base and attract competitive pricing on sales.
Business leaders in the Middle East look to emerging markets for growth lessons and best practice more than developed markets.
Residents of Beirut remain unconvinced that local establishments are meeting the proper health standards.
March 21, 2012
Banks in the UAE are better capitalised compared to those in the United States and other developed countries.
It seems strange to talk of a crisis at a company that sells more of its products than any of its competitors. But that hasn’t stopped the rumblings surrounding mobile phone behemoth Nokia for the past few years.
Dubai is launching a £1 million (Dh5.8m) advertising campaign to try to change perceptions of the British towards the emirate as a holiday destination as visitor numbers from the United Kingdom decline.
Smugglers in the Middle East are enjoying an unlikely moneyspinner — illegal medium grain rice.
The gold price fell to its lowest level in two months last week.
The Iranian situation, if escalated, would adversely affect a lot of things, including inflation, oil prices, the flow of trade and the flow of investment,” said the Omani minister.
March 20, 2012
Any rise in the prices of essential commodities like food naturally causes people with lower income levels to have to spend a greater portion of their earnings.
Silver prices are better supported than gold by investment flows, particularly as total silver reserves are reckoned to be less than half the amount held in gold. It is a supply and demand issue.
The conventional wisdom says that debt and regulation are the big challenges for banks, most of them scrambling to recover from the financial crisis.