Featured Articles

May 7, 2012

Arabtec, which employs more than 40,000 people, has contracts in housing, sports facilities and office complexes
15:00 GMT
Consolidated Contractors Company is the largest construction company in the Middle East.
The hotel industry has witnessed significant capital investment and growth in recent years
14:14 GMT
Qatar’s strong economic performance driven by high energy prices and the government’s investments as well as preparation for Fifa 2022 are driving real estate demand in the country, a report said.
The report said passenger growth for the Middle East's airlines was up 20.9 percent, underpinned by a 12.4 percent rise in capacity
09:36 GMT
Middle East airlines' demand jumped by more than a fifth in March compared with the same month last year, the largest rate of growth for any region.

May 6, 2012

According to an estimates," the report states, "China will replace Japan as the second wealthiest country in the world"
16:00 GMT
By 2016, another 17 million people around the world will join the ranks of the millionaire set - including 14,000 new millionaires in the UAE... will you be in the club?
The communications industry is an increasingly significant contributor to the global consumption of energy
16:00 GMT
The global communications sector has made notable progress in greening their practices.
The value of awarded contracts during Q1, 2012 signals that 2012 is off to a rapid start as heavy spending across most of the sectors has led to an impressive beginning to the year
14:23 GMT
The value of awarded contracts in Saudi Arabia during the first quarter of 2012 continued unperturbed, signaling a strong start in awarded contracts for the year.
Islamic liquidity and Islamic capital markets are important for a resilient and sustainable Islamic finance system
13:41 GMT
Islamic banks and windows will face the need for Sharia-compliant liquidity management instruments.
Marketers have realised that customer loyalty is essential for driving sustainable growth
13:19 GMT
Marketers are likely to term 2012 as 'The Year of Customer Engagement'.

May 3, 2012

Meantime the Oil Exporters are having a ball
15:32 GMT
The Oil Exporting countries of the region are having a great time while The Oil Importers are not only paying high prices for oil but the true cost of the events of the Arab Spring.
The real problem remains the legacy of debt
12:15 GMT
The big question - which the prospectus does not attempt to answer - is the level of total liabilities potentially pertaining to the Government of Dubai. That level of detail, regrettably, is missing.
Integrating Emirati women into the private sector is not as easy as it appears
09:01 GMT
According to recent statistics from the ministry, about five percent of Emirati women work in the private sector.

May 2, 2012

As far as the Gulf is concerned, its performance this year has been encouraging, with the oil and non-oil sectors showing some buoyancy
10:49 GMT
The Gulf countries fall into the category of those doing relatively well, in fact better than expectations at the start of the year, but they could arguably do better still.
Over the next 15 years investments in new fleet by regional carriers are expected to touch US$200bn
09:27 GMT
The Middle East’s aviation industry is expected to grow by 11 percent in 2012 while cargo traffic is estimated to increase six percent, according to Majdi Sabri, regional vice president for Middle East and North Africa at (IATA).
The nuclear drive comes amid ongoing cuts in Egyptian gas supplies
08:06 GMT
According to nuclear energy officials, financing and projected electricity costs will be among the deciding factors in the final selection.

May 1, 2012

Strategically Islamic banks need to revisit their positioning and decide whether they want to fully exploit the Islamic banking niche or compete head on with conventional banks
13:58 GMT
Up until now, Islamic banks have typically emulated the conventional bank offer, but the eroding profitability trend suggests it is now time for a new approach.