January 16, 2012
Within weeks, the full extent of the downturn in the property market became apparent and lavish hotel projects across the emirate ground to a halt. More than three years on, some of those developments are lurching back to life, further signs of a recovery in the sector.
Residential rents in Qatar were “broadly stable” across all locations in the fourth quarter (Q4) of 2011 while the number of transactions and enquiries increased as demand picked up, according to property consultancy Asteco.
Gold entered a bear market in late 2011 which was confirmed by gold's closing below its historically significant 30 week moving average. This doesn't happen very often which indicates the technical significance of the event.
Talk of a potential merger of the UAE’s exchanges has rumbled on for years, but there is a growing feeling among analysts that action needs to be taken now in an attempt to revive the country’s lethargic capital markets scene.
Businesses are so busy rushing into virtual and cloud environments, they are missing the opportunity to build security as they adopt them, says executive chairman of RSA Security, Art Coviello.
The bulk of disputes seen early in the year centered on refunds and exchanges and behaviors by sales staff, the Department of Economic Development said, as stores clamped down on the return of products.
January 15, 2012
There are encouraging signs of the increasing utilisation of renewable energy everywhere, said Adnan Z Ameen, director general of International Renewable Energy Agency (IRENA) in his speech.
Though mergers and restructuring by some local lenders is expected to produce a leaner sector, it should also become stronger and thus better able to meet the demands of the rapidly changing financial landscape.
A stable middle class will be crucial during this period of the demographic transition of the Middle East and North Africa (MENA), as the large youth population's demands for economic and political inclusion grow louder.
“Teleworking as a concept started in the 1970s during the US fuel crisis when companies told people to work from home to save money,” Dr. Mustafa, the assistant professor of human resource management at the University of Wollongong in Dubai said.
We cannot deny that the development of railways improved economies, and encouraged new industries to grow and thrive. In Oman, too, its introduction will certainly be a very significant development.
The GCC Cement Sector Quarterly report, released by Global Investment House late last year, said that regionally in the first nine months of 2011 the cement sector realised a 10.9 percent top line increase to cap out at $3.4 billion (Dh12.4 billion).
January 12, 2012
The median salary earned by Qatari females stands at QR15,313 and that of a non-Qatari female earns QR3,634.
“An analysis of the year-to-date and monthly performance numbers for hotels in the MENA region point to a continued realignment in the regional hospitality market caused by three key developments," Yousuf Wahbah, Head of MENA Transaction Real Estate at Ernst & Young said.
The price of gas is of course connected to crude oil prices and the financial world currently has its eyes on Iran as it threatens to close the Hormuz Strait the waterway where most of the oil of the world must pass through via sea tankers.