April 23, 2012
While it is easier to justify investments in innovation during boom times, businesses are confronted with the challenge to keep the tempo going when the going gets tough.
The latest global regulatory standards on bank capital adequacy, stress test and market liquidity risk called 'Basel III' will be introduced for Omani banks by the Central Bank of Oman (CBO) next year.
Any efforts to decrease energy expenses in buildings can increase net income for the landlord by up to 3 percent, a report said.
April 22, 2012
Gold demand should pick up this week due to the Indian religious calendar and silver prices do tend to follow gold upwards.
MasterCard’s latest Index of Women’s Advancement for the Middle East and Levant report, which measures the socioeconomic level of women in relation to men, has revealed an increasing recognition for women’s empowerment in the recent years.
Foreign direct investments (FDIs) in the GCC will continue to generate business opportunities despite current sluggishness, said a report by Global Investment House.
April 19, 2012
The new World Economic Outlook released by the International Monetary Fund on Monday has a tone of cautious optimism.
Family businesses will increasingly be the backbone and a major driver of growth, with a huge capacity to create employment across the Middle East and Europe, a report said.
Gulf countries are experiencing a big surge in their balance of payment surpluses due to high oil prices and increased oil production and exports, senior officials from the Institute of International Finance (IIF) said yesterday.
April 18, 2012
Global growth is slowly improving as the United States recovery gains traction and dangers from Europe recede, but risks remain elevated and the situation is very fragile, the International Monetary Fund (IMF) said yesterday.
The Union of Bakeries has decided to hold an open-ended strike starting Thursday.
The Kingdom should move toward that to be action wise, mental wise and investment wise," says Nahed Taher in an exclusive interview with Arab News.
April 17, 2012
Lebanon’s Union of Bakeries announced Monday it would hold an open-ended strike from Thursday until the government compensates them for the increased cost of raw materials used in bread production.
Diversification is a risk management strategy since prices of different assets often move in opposite directions and having more than one asset in your portfolio helps limit the risk or impact of sharp price changes in one asset class.
The aviation industry has directly contributed Dh61.3 billion to the UAE's economy, which is around 6.3 percent, said Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, in Abu Dhabi yesterday.