Featured Articles

January 26, 2012

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.
Data management in the Middle East market is currently maturing from being operational to being analytical
09:30 GMT
Knowledge is where the value is being created in business today. Big data is of strategic importance to organisations and usually the second most valuable asset after their people.
Lebanon's government, which is dominated by Iranian-backed Hezbollah, has sidestepped taking a firm stand on the Syria crisis in what observers say is a bid to avoid potential sanctions or a spillover of the violence
08:54 GMT
Lebanon has come under international pressure to abide by international sanctions on neighboring Syria, which include freezing government assets and suspending cooperation with Syria's central bank and some other banks.
ADTA in spearheading the emirate’s tourism agenda will continue to explore major event opportunities that inject vibrancy and diversity into the destination’s product portfolio
07:56 GMT
While the ADTA has leveraged the golf championship quite successfully to boost leisure tourism in the emirate, they are also big on niche sports like triathlon and take pride in the manner the capital has made giant strides as a sporting hub in the Middle East.

January 24, 2012

Officials and spokespersons of major international airlines have said they were not interested in investing in the Indian aviation market
16:53 GMT
Several major international airlines seem to be wary of picking up stakes in the loss-making Indian carriers at this stage, even as the government plans to take steps to allow them to do so.
By allowing the government to find new sources of funding without resorting to direct taxation of income, thus bypassing socialist principles in favor of more passive methods of taxation, Lebanon can succeed in empowering its youth and advancing its economy
16:30 GMT
As the resources of the government are limited, it is only natural that sacrifices must be made by many layers of society to provide the funds necessary to ensure welfare.
The educational community needs to ensure that curricula are up to date and in line with global standards
16:15 GMT
The kingdom should make it a priority to ensure its young people are well prepared for the challenges of working in the modern economy," inJAz Bahrain executive director Shaikha Hessa bint Khalifa Al Khalifa said.
After three years of continuous crisis conditions in global labor markets and against the prospect of a further deterioration of economic activity, there is a backlog of global unemployment of 200 million, the report said
12:40 GMT
The global economy needs to create 600 million jobs in the next 10 years to sustain economic growth and maintain world social stability, a U.N. report said.
Despite the slowdown in the construction industry, growth continues to be strong, thanks to a thriving import and re-export market
12:12 GMT
Growth prospects for the hardware, machinery and tools industries in the Middle East continues to look buoyant, driven by what is primarily an import-dependent market due to minimal local production.
If the region became a warzone it would hardly encourage tourism and both Dubai and Abu Dhabi have their hotels to fill
11:22 GMT
What does this long shadow cast over the UAE economy mean? Does it call the UAE’s status as a safe haven from the Arab Spring uprisings into doubt?