Featured Articles

October 7, 2014

Past research suggests that leadership is 30 per cent genetic and 70 percent a result of lessons learned through life experiences.
17:19 GMT
Genes have a little role to play in making future leaders and leadership development follows a specific progression via life experiences, says an interesting study.
Arab economists, media and public intellectuals must highlight the role of fossil fuel subsidies as an inhibitor, not facilitator, of economic development in the Middle East.
12:18 GMT
IMF managing director Christine Lagarde has said energy subsidies “helped the people who need them the least."

October 6, 2014

This process, however, requires obtaining a building permit from the Jerusalem municipality, a lengthy, costly, and ultimately uncertain procedure.Israel’s municipality only approves between 100-150 permits a year, forcing Palestinians to build illegally.
19:23 GMT
Since 1967, Israel’s government has stifled the economic development of the Palestinian community in East Jerusalem, while simultaneously establishing and expanding illegal Jewish settlements.

October 2, 2014

16:02 GMT
He has been highly ambitious, to say the least.
Demolition has begun on Al Rayyan Stadium that will be rebuilt to increase seating capacity from 22,000 to 40,000.The cooling technology was tested this summer at cooled, open-air fan zones at Katara Beach (Doha) and at the Aspire Zone Foundation.
15:12 GMT
Additionally, demolition has begun on Al Rayyan Stadium that will be rebuilt to increase seating capacity from 22,000 to 40,000.
 “For UAE consumers, the personal fulfilment gained from a holiday or the special experience of attending a major sporting event creates the enriching moments.
04:55 GMT
Overall regional spending on luxury experiences and goods is set to grow in the next 12 months

October 1, 2014

“The days when Arab immigrants come for a two- or three-week stay while seeking Canadian passports just to ask their employer to hike their salaries are over.”
21:21 GMT
Gone are the days when you could benefit from Canada and the Gulf at the same time.
It also revealed that Gulf funding for African infrastructure has focused on North Africa, which has received the bulk of aid (about 65 per cent of the total).
20:11 GMT
A study expected that annual contributions are likely to average $5 billion in the coming years, which equates to at least 10 per cent of the total average annual inflows to this sector.
The downturn was mainly due to a 1.8 per cent drop in oil-related GDP as growth in the non-hydrocarbon sector accelerated to 2.8 per cent, the report showed.
04:55 GMT
Plans for subsidy cuts have received little publicity in the Kuwaiti media, perhaps because of their political sensitivity.

September 30, 2014

The challenge is now to accelerate this change, and extend it to broader areas of cultural diversity.
12:51 GMT
Board diversity having increased in almost every country and every sector, progressing from 9.6 percent in 2010 to nearly 12.7 percent at the end of 2013.
Meetings in MENA workplaces often have agendas distributed in advance, according to 80 per cent of respondents, and tend to start on scheduled time (according to 88 per cent).
04:55 GMT
According to 73 per cent, meetings within their company remain focused and on the right track.
The Kingdom of Saudi Arabia (KSA) could be heading for financial turmoil, potentially posting a deficit in 2015.
04:55 GMT
Running a dictatorship is a pricey endeavor. It comes as no surprise then that since 2010, annual spending has risen 52 percent, reaching $265.5 billion in 2013.

September 29, 2014

in late 1998, or 2009, the surge in the US dollar is a huge deflation shock to the Gulf’s pegged currencies and its impact will be a major.
13:16 GMT
This seismic financial macro event has huge implications for the Gulf’s equity, property markets and liquidity engines, now that Brent crude has fallen $20 a barrel in the past three months
Wealth management can be provided by large corporate entities, independent financial advisers or multi-licensed portfolio managers who design services to focus on high-net-worth clients.
04:55 GMT
“With the rise in the number of affluent investors in recent years, there has been an increasing demand for sophisticated financial solutions, including the Gulf,” he added.
Israel's war against Hamas came at the beginning of the peak tourist season, which includes July and August and runs through the Jewish High Holiday season and early winter.
04:55 GMT
The summertime fighting delivered a serious hit to Israel's thriving tourism industry, causing losses of hundreds of millions of dollars and sparking concern that aftershocks may continue well after the war.