November 18, 2013
With new networks, new flows, new players and more customers than ever before telecoms are battling with IT and technology companies to find their niche in a new, increasingly intricate, hyperconnected world.
Spoiled much? Gulf airlines splurge more than their countries' GDP's on new aircrafts at Dubai Airshow
To put things in perspective, the $200 billion figure spent on day one of the Dubai Airshow is higher than the GDP of all Gulf states (except Saudi Arabia), and almost seven times the GDP of Jordan and Yemen.
The Union of Arab Banks (UAB) held its 40th Annual Arab Banking Conference 2013 entitled Economic Implications of Arab Transitions: Reforms and Role of Banks in Beirut - Lebanon on the 14-15 November 2013. Federal Reserve Chairman Ben Bernanke gave a prerecorded video address to the meeting.
November 17, 2013
The challenge is halal agro-food has not presented its story as an asset class in real estate terms.
OPEC recently released its "World Oil Outlook" report, and says that energy demands in developing countries is likely to equal that of OECD countries by 2019.
Emirates airline is all set to place orders for the 777X, Boeing’s latest long-haul jet, at the Dubai Airshow, which takes off today with high industry expectations, Khaleej Times has learned.
When oil giant Exxon Mobil sold half of its stake in Iraq’s giant West Qurna-1 oil field to Asian investors in August, it marked a watershed moment for the Iraqi oil industry.
Seven years ago, the United Nations and Western powers began subjecting Tehran to steadily harsher economic sanctions. Around the same time, an organization controlled by Supreme Leader Ayatollah Ali Khamenei started to study how some developing economies managed to grow fast.
November 14, 2013
GCC jeweller Damas has declared its global ambitions with the intention to expand the Damas brand to the largest jewellery markets and fashion capitals of the world. Gulf Business spoke to Damas CEO Anan Fakhreddin just after the announcement.
“The relationship is very strong; it’s kind of like a marriage. Sometimes things are okay and sometimes you’re fighting a little bit.”
With experts projecting an "oil crunch" in the future, how will the Middle East stay competitive in the energy sector and is shale the Gulf's next big opportunity?
Lebanon's Central Bank announced Tuesday that it will implement an $800 million stimulus package in 2014 to revitalize the country's economy, but will the initiative actually work as officials have planned?
An improving economy and a robust property market will boost the profitability of UAE banks significantly during the current year and years ahead, according to S&P.
November 13, 2013
The global internet economy amounted to more than $1tn in 2010, while it registered EGP 15.6bn in Egypt, representing 1.4% of the GDP, said Wael El-Fakharany, the regional manager for Google in Egypt and North Africa
The IMF says that high government spending, declining oil prices and low real economic growth are likely to push many oil-exporting countries from the Middle East into fiscal deficit by 2016