Thursday, May 29, 2014

UAE Among Top Ten Most Competitive Economies, Reveals Report

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Tech
KSA to allow Apple to operate directly in kingdom
Saudi authorities have granted Apple Inc. a licence to operate directly in the kingdom, Arab News has reported. Under the licence issued by the Saudi Arabian General Investment Authority (SAGIA), a new Apple...
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Moto X launched in UAE
Redington Gulf, the distributor of Motorola in the Middle East and Africa, has shipped in 5,000 units of the US company's flagship smartphone for its launch in the UAE, Gulf News has reported. The new 4.7-inch Moto X is...
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Mobily wins most effective recovery of the year awards at BCI Middle East Awards
Mobily won the most effective crisis management 2013 award for the second consecutive year during the Business Continuity Institute Middle East Awards Celebration 2014, which was held in Dubai. Mr. Abdullah AL Baddah, General Manager...
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Finance & Economy
GCC indexes ready to enter emerging markets
The announcement of GCC stock markets' entry into MSCI Emerging Markets Index came last year, but, in approximately two weeks, Dubai Financial Market, Abu Dhabi Securities Exchange and the Qatar Exchange will be exposed to the inflows...
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Private equity shifts gears in emerging markets
After surveying another year of disappointing results from their merging market investments in 2013, many private equity (PE) investors that had enthusiastically piled into the big developing economies of Brazil, Russia, India and China...
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A different approach to nationalization
Statistics indicate that GCC countries have the highest rate of public sector employment in the world. However, it will not be able to accommodate scores of local talent entering the workforce. Hence, nationalisation is high on the...
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UAE among top ten most competitive economies, reveals report
The UAE is among the top ten most competitive countries, according to a global ranking of 60 economies released today (Thursday, May 22) by IMD, an international business school based in Switzerland...
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Building brands via Youtube
Sherine and her husband are adjusting to the idea of having a baby in their lives. Meanwhile, Hala, Sherine's sister, soon discovers that freedom is not all that it's cut out to be when she ventures out alone in a foreign city. However, no matter how...
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UAE banks' cash flow increases by 2.5 per cent
Banks in the UAE are in better position to provide personal and corporate loans than they were last year or in 2012, because residents' cash in banks have boosted deposits of UAE lenders by 2.5 per cent in March 2014, according to the Central...
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Tourism & Hospitality
Dubai tourism booming in 2014
Dubai's tourism sector is booming, with visitor numbers reaching 11,012,487 in 2013, when compared with just below ten million in the previous year. The upward trend bodes well for the success of Expo 2020, says Helal Saeed Almarri, director-general of the...
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Qatar Airways all set to move full operations to Hamad International Airport
Qatar Airways is all set to move and commence its flight operations from Hamad International Airport on 27 May at 09:00 Doha time. This historic move will enable.......
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Boeing looks to become more innovative
Boeing Co chief executive, Jim McNerney has said the company wants to be more like Apple Inc. in the way it innovates, rather than doing a "moon shot" development...
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