Featured Articles

January 29, 2012

The real question is, with the enormous increase of advertising revenues generated annually, does the company really need to launch IPOs to sustain itself, or is Zuckerberg up to something else?
16:52 GMT
Facebook Inc, the social networking giant that launched in 2004, could be aiming for its IPO (Initial public offering) as close as sometime this week.
Many organisations have a “split personality” when it comes to sharing information in the cloud
16:47 GMT
Logica, the IT outsourcing firm has described cloud computing as “the railway of the 21st century”, claiming that the community clouds it is building with Microsoft will help to promote sharing and collaboration among like-minded companies.
Construction companies were already engaged on most of the projects; many had already been put out to bid
16:11 GMT
Construction companies are reacting with cautious optimism at news the Abu Dhabi Government is ready to restart billions of dollars worth of projects.
In 2011, Hilton Worldwide opened a total of 170 hotels and gained supply share in each of its global regions
15:18 GMT
For 93 years, Hilton Worldwide has offered business and leisure travelers the finest in accommodations, service, amenities and value.
BankMuscat said it is going to raise RO100 million through a rights offer sometime in the second quarter of this year
14:12 GMT
Omani banks are planning to raise their capital base to meet an anticipated asset growth on the back of better demand for credit.
In fact the value of precious metals is often at its highest during a struggling economy
13:58 GMT
If you compare the performance of gold to the performance of pensions you can see how you could effectively head into retirement early and buy back the two years that you will lose with the change of the retirement age.
Michael Lewis would expect that silver prices could outperform gold in the near term
09:05 GMT
In addition to gold's rally this week silver and the platinum group metals have been rising. Michael Lewis research analyst at Deutsche Bank noted that the FOMC meeting was not only positive for gold but it also gave silver a lift.

January 26, 2012

Certainly the Dubai aviation, airline and tourism sectors have some rougher turbulence to navigate through this year
16:20 GMT
Dubai airports handled a record 51 million passengers in 2011, up eight percent on the previous year. But cargo volume fell 1.5 percent to 2.2 million tons as the global economy slowed down.
The issues at the heart of the problem are now the stuff of general knowledge, and it has become very difficult to convince anyone of excuses anymore
16:03 GMT
People are now paying twice for the electricity, once to Electricite du Liban, and another for the generators that supply power to their households and businesses.
Some of the internal events that shaped the UAE's job market include Emirates NBD's merger with Dubai Bank
09:35 GMT
Events play a great role in boosting the economy. Some specific events that shaped the job market the most last year were; some external events, like the Arab Spring, the great slowdown in the US and Eurozone.
Business leaders insisted they were learning from the mistakes that dragged the world into its deepest economic recession since the World War II
09:12 GMT
Many at the elite economic gathering in Davos in the Swiss Alps accept that more must be done to convince critics that Western capitalism has a future and that it can learn from its massive failures.
When you’re talking about the social space, people are happy to talk with brands and develop relationships with them on their terms, and this is something unparalleled on other platforms
08:46 GMT
The common stumbling block in enterprises really embracing social media is uncertainty over whether it provides real Return On Investment (ROI), and how that can be measured.

January 25, 2012

Iranians once played a key role in the Dubai market. In 2008 they were the fourth-largest group of international buyers in Dubai
16:51 GMT
Many of the Iranian buyers are looking for a safe place to invest their money, property executives say.
Jordan is a major destination for Egyptian labourers
16:49 GMT
Egyptian gas supplies fell from 220 million cubic feet per day in 2010 to an average of 80 million cubic feet in 2011 due to a series of 10 attacks last year on the Arab Gas Pipeline in the Sinai Peninsula that cut off the flow of natural gas.
Dealers playing it smart by linking their promotions to key models in their range
16:06 GMT
Based on feedback, dealerships seem to have succeeded in their primary aim — to get the customer back to cruising through showrooms and model brochures.