October 10, 2011
Brent crude oil dipped below $100 a barrel on growing concern about a Greek debt default and the health of the global economy, prices have tumbled from a 2011 peak of $127 reached in April.
Cloud computing, which allows remote data storage and access to information from multiple locations, is a combination of technologies that allow individuals and companies to do everything from word processing to number crunching from anywhere a user can connect to the internet.
All agree that the next year will be a seminal one in determining how well the changes have actually percolated down into the Saudi insurance sector.
The study shows that prospects for the future appear quite positive for Lebanon survey takers, with 46 percent believing that their financial position will improve in a year’s time, while a good 19 percent claim it will stay the same and only 10 percent believe it will get worse.
“The era of cheap gas prices in the Middle East is behind us,” Dawood Nassif, head of strategy and business development at Bapco told the Middle East Petroleum and Gas conference in Dubai. “We need to move on to real market pricing.”
October 9, 2011
Egypt's economy, which had been growing robustly before the popular uprising earlier this year, was hit hard by the protests, which prompted foreign investors to withdraw funds and saw major revenue sources like tourism suffer.
Although there are some interesting changes at the top, overall the research does seem to suggest that many of the UAE's banks are still not focusing enough attention on customer service.
"2011 did not play out as we expected to see the growth and orders being placed, so we're shifting our hopes to 2012," said Jens Hennig, vice president of operations at the General Aviation Manufacturers Association, a Washington, DC-based international group that tracks noncommercial aviation.
With the cloud, everything depends on how you secure your data, if there’s no security, there’s no point in moving to the cloud.
Though there is a very clear Commercial Agencies Law that prohibits all counterfeit products in the UAE, the grey business continues to flourish throughout the country. To this end, some far-reaching measures are required.
Russell Investments has recently classified the UAE as an emerging market as opposed to the frontier market designation given by Morgan Stanley Capital International (MSCI) and Standard and Poor’s.
October 8, 2011
To make an informed decision, it is vital that you take a hard look at your own personal circumstances, goals and time frames, as well as the options available to you.
October 6, 2011
FDI inflows into 21 Arab nations are forecast to fall to $55.1 billion this year compared to $66.2 billion in 2010, the Kuwait-based Arab Investment and Export Credit Guarantee Corp. said in a report.
The market's loss can be attributed mainly to the retreat of the industrial index, which dipped by 38.6 percent during the month, said a research note published by Gulf Investment House.
Oil minister Abdullah Ghurab said there would be "a large increase in the price" after the revision which would be announced soon, the state-owned Al-Ahram newspaper reported.