May 20, 2012
With an estimated growth rate of 15-20 percent, the Islamic finance industry will continue to be one of the fastest growing components of the global financial system, industry experts have asserted.
The economy needs a thriving tourism season to compensate for the current political and economic crises, said the head of the Economic Association Adnan Kassar Thursday.
Abu Dhabi issued more than 2,000 new commercial licences in the first quarter of the year. But the number of licences issued each month decreased between January and March.
The UAE’s vocational institutes struggle to find the right teachers to deliver quality technical education due to the nature of teaching education routes say experts.
Seven months later, Libya is already pumping 1.5 million bpd and expects to hit pre-war levels by next month.
Any significant fall in the company's post-IPO performance could quickly result in Facebook dragging the technology sector from boom to bust.
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With markets in turmoil, Greeks are said to have withdrawn about €700 million (Dh3.27 billion) from banks since May 6 in the expectation of a rapid depreciation if the country exits the euro zone, Reuters reported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.