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One-tenth of World’s Population Controls 87% Global Wealth

The global wealth inequality is still on the rise. This was one of the conclusions of Credit Suisse’s 2014 Global Wealth report. According to...

Shorter Workweek Plea Continue – Pros and Cons

About two months ago, billionaire and world’s second wealthiest person Carlos Slim, shared his view that governments should reduce the workweek from five to...

60 Years of Record Breaking – Hardest World Records to Break

Guinness World Records will celebrate its 60th anniversary next year. That is why the next edition of the Guinness World Records book will be...

IMF – China Surpassed US to Become World’s Largest Economy

Despite the many forecasts claiming that China is not likely to overtake the United States and become the largest economy in the world in...

5th Annual Statistical Report on Gulf Common Market Released

UAE maintains its leading position in the GCC The UAE has continued to achieve outstanding results in implementing Gulf Common Market (GCM) decisions, according to...

Sustained economic growth in the UAE and Saudi Arabia

The latest Crédit Agricole Private Banking research report, ‘Macro Comment – Eastern Promises: MENA Update’, noted that there is sustained economic growth in the...

World’s Billionaire Population Larger than Ever

The number of billionaires has reached 2,325 globally, according to the 2014 Billionaire Census of Wealth-X and UBS. That is the largest billionaire population...

Most Expensive Places to Live and Work Revealed

London has become the world’s most expensive city for companies to locate employees, overtaking Hong Kong, which had previously topped the ranking for an...

The World Still Pessimistic about Economic Growth

Almost six years after the global recession, economies are on a slow path to recovery, but public opinions show dissatisfaction. A new survey found...

Countries with Best Reputation in 2014

The Reputation Institute has announced its annual Country RepTrak ranking that measures the reputations of countries all over the world. This year, the list...

UAE Up Seven Places On Global Competitiveness Report 2014-2015

Global Growth at Risk from Slow Reform Progress The Global Competitiveness Report 2014-2015 finds insufficient progress in adopting and implementing structural reforms necessary for long-term...

“Middle East Point of View”: Social progress challenges in MENA countries

The use of technology in the public sector, the increasing appetite for alternative investments, achieving capital efficiencies and cost savings in the workplace and...

Ecological Debt Day – Why borrow from next generations

Starting August 19, the population of our planet will live in ecological deficit, said the nonprofit organization Global Footprint. According to it, we have...

Sixth Mass Extinction Draws Closer

We are often imagining the end of the world, recreating our fears of the apocalypse in books and movies, but the reality comes knocking...

Aviation Industry and Governments Address Safety Over Conflict Zones

TThe International Air Transport Association (IATA) joined with the International Civil Aviation Organization (ICAO), Airports Council International (ACI) and the Civil Air Navigation Services...

World Records Hottest June in History

2013 was one of the hottest years observed worldwide and scientists say there is an ongoing trend of rising global temperatures. Last month was...

Are we heading for another economic crisis?

In recent months, concern has intensified among the world’s financial experts and news media that overheated asset markets – real estate, equities and long-term...

World Population Day 2014: Top 10 Mega Cities

Today we mark the World Population Day – the annual event that aims to raise awareness of global population issues and teach us of...