November 27, 2013
Islamic banks may need to reorient their operation in order to "enter the next cycle of growth," according to some bank executives.
The world is changing rapidly and what is emerging is the need for countries like Oman to become more competitive. The nature of competitiveness is changing too.
November 26, 2013
According to a Colliers International report, the healthcare sector in the region is forecast to grow significantly on the back of high population growth rates, introduction of compulsory health insurance by a number of regional governments, continued growth of regional medical tourism and heavy reliance on imported medicine and medical equipment, among others.
The Dubai government announced Monday that it intends to bolster its economy through increased government spending and revenues over the next year, but will this serve as an ideal remedy for an economy that is already quite healthy?
"Say no to terrorism and visit Lebanon": how Beirut's struggling tourism sector hopes to woo travelers during the holiday season
Lebanon's tourism ministry is calling on Lebanese diasporas abroad and travelers from all over to "say no to terrorism and visit Lebanon" this upcoming holiday season.
Hani Nehmi, general manager of iStyle, Apple premium reseller, said that it is very good to buy locally than in the US. It is a good price and declined to comment more on the pricing gap.
But others say the reaction to the presence of Syrian refugees is overblown and highly exaggerated, explaining that the presence of the Syrians has added value to the economy.
Refinery closures, especially in Europe, shows that there is a surplus
November 25, 2013
Based on lessons from the US and other established economies, failure to do so may impact the sustained growth of the GCC retail industry, whose sales are expected to reach $270.3 billion by the end of 2016.
Africa needs investments in energy, infrastructure such as power and telecom, and agriculture.
Lack of Clarity in Communicating Monetary Policy to the Public So while unifying the two exchange rates was necessary, the manner in which it was done was ill-considered.
IMD Professor Nuno Fernandes on how optimistic assumptions have paved the way for an expensive investment
November 24, 2013
One of the first celebrity endorsements came from Lindsay Lohan, who tweeted: “Help support Dubai to win the World Expo in 2020 & support @HHShkMohd’s vision @DubaiExpo2020.” She added “I do”.
The future of the Middle East economy: will energy subsidies' short-term gains outweigh projected inefficiencies?
Energy subsidies in the Middle East may create short-term gains for stakeholders, but will these gains outweigh projected long-term inefficiencies that could undermine the region's economy in the future?
The establishment of Dubai's International Finance Centre in 2004 has launched a global competition to "grab a slice" of the Islamic finance pie.