March 14, 2012
If traders go through with a nationwide strike next Sunday to protest the Landlords and Tenants Law and rising electricity tariffs, consumers said they did not expect the work stoppage to greatly affect their daily lives.
Efforts are underway in the Gulf region focusing on the financial and banking sectors to resolve the crisis of financing small and medium-sized projects which have almost stopped as a result of the credit crisis which hit the world economies in mid-2008.
Bayt.com, one of the largest online recruiters in the region, is going head-to-head with the global social media giant LinkedIn.
Bahrain has been urged to launch a national initiative to encourage all sectors of society to make better use of energy.
March 13, 2012
In this private environment, Dubai and the wider UAE became a retail destination for the world, rivalling London, Paris and New York for the sheer number of stores and brands available to shoppers.
The latest signs show the numbers of trading vessels passing through the canal steadily trickling away.
2011 was a tough economic year for revolutionary and evolutionary countries.
Customer-centricity may be defined as ‘a way of banking based on trust and fairness that uses knowledge of customers to meet their needs and achieve sustainable, valuable, long-term relationships’.
Following a peak in rents in 2008 and the subsequent plunge in the market, experts said, the capital could this year see a spate of initiatives that will consolidate and strengthen players.
High youth unemployment, estimated at 19 percent, remains a major obstacle to the development of Lebanese economy, according to study published Monday.
March 12, 2012
The importance of the SME sector cannot be understated in any country, least of all in the UAE where they account for 98.5% of all firms. SMEs by their virtue have the potential of being the engine of economic growth.
A quick scan of tweets sent by companies such as the telecommunications operators du and Etisalat will reveal plenty of back-and-forth digital discussion between them and disgruntled customers.
Gold’s overall performance is still remarkable, though it is but a small part of a bigger picture.
Digital is the future of advertising in the UAE but currently the rates offered to publishers are so low that most of them are going to end up bankrupt.
The tourism industry’s direct contribution is expected to grow by 3 percent per year in real terms during the 2012-2022 period compared to a 4.1 percent real growth rate for both the Middle East and the world.