Hybrid cars are reaching the Gulf in limited numbers. But those who want to do their bit for the environment, or make a statement, will have to dig deep into their resources.
May 21, 2013
The UAE is increasingly becoming a preferred destination for foreign private capital as the country proved a safe haven for investors amid the political turmoil in the Arab world.
Qatar’s banks’ credit is likely to grow by 14% to 17% year-on-year (y-o-y) in 2013, much lower than the average 27% expansion seen in the previous two years, according to a Barclays study.
May 20, 2013
The UAE is expected to be the biggest spender in the GCC on home interiors and fit-outs, with an estimated $1.5 billion (Dh5.5 billion) budget in 2013 as the country’s residential market continues to grow.
The arrival of PayPal promises to create a new landscape for online shopping.
The UAE wants more of its youth to be entrepreneurs.
Priding itself as the gateway between Asia and Europe, Turkey is successfully attracting Gulf nationals to its real estate sector.
May 19, 2013
Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest exporter with the highest trade surplus.
The UAE is the world’s 31st popular tourism destination and the most popular in the Arab World, ahead of Egypt — ranked 32nd and Saudi Arabia ranked 35 — in terms of tourism receipts.
Saudi Arabia's nonoil exports to the Arab countries had increased five-fold compared to the past seven years.
The UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices and a 10.2 percent increase in oil production.
While regional advertisers are aware that the industry is going 'mobile’, spend on digital advertising is still low.
May 16, 2013
Saudi Arabia will continue to make the most of the competitive advantage presented by its hydrocarbon reserves despite rising US shale oil production.
The Middle East is facing a double dilemma over the global competitiveness for oil in the future.
When Lebanese graduates begin looking for jobs, what does it actually mean to employ personal connections to improve employment chances?