June 19, 2013
Kuwait Financial Centre (Markaz) recently published the executive summary of its report on GCC education sector.
Hotels in Dubai have reduced room rates between 25 and 30 per cent to attract visitors during the slow summer season, according to industry experts.
Abu Dhabi’s rising livestock and dairy industry, which is part of the agriculture sector has shown substantial business activity in the last year showing the strides made and in the sector which has huge potential to achieve food security.
A majority of high net worth individuals (HNWIs) in the Middle East believe wealth creation is faster today than in the past, more than any other region globally, according to the latest report by of Barclays Wealth Insights.
CEO of Citi - Middle East division spoke to LSE graduates about Dubai's increasing "global attractiveness to investors, corporations and talent."
While other markets are busy finding ways to stem capital flight, there is a growing trend of Middle Eastern investors keeping their money at home and taking control of their assets.
Emirates Airlines was awarded the highly coveted âWorld’s Best Airline’ award, presented by Skytrax at the 2013 World Airline Awards yesterday.
Share trading activity on smartphones is steadily growing and gaining popularity among investors at Dubai Financial Market.
June 18, 2013
The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment to the Gulf state, sources familiar with the plan said.
Despite the events of the Arab Spring, FDI inflows into Arab countries rose during 2012 by 9.8 per cent to reach $47.1 billion compared to $42.9 in 2011.
Remains overweight on Savola and Neutral on Almarai Volatility in global food prices, reliance on imports and a lack of pricing power are key concerns, said NCB
The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks, following a new record SR 25.2 billion ($ 6.7 billion) issuance of riyal-denominated sukuk in 2012.
Wealthy individuals in the Middle East are not only resilient during a financial crisis, they are the most optimistic among major markets in the world.
June 17, 2013
At 86.4 million tons, Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012.
A digital strategy is the need of the hour, according to some of the region’s leading digital companies.