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UAE and Saudi Arabia continues to grow despite lower oil prices

UAE new orders grow, and job creation hit three-month high in May’15 Saudi Arabia’s output and new orders expanded, but the growth rate eased GCC consumers...

Emaar showcases gallery of Guinness World records

Emaar Properties PJSC, Dubai's global property developer, has showcased for the first time ever its impressive gallery of Guinness World Records. At an event held...

Outlook 2016: Global Growth Edges Up

Economists at Goldman Sachs have released what they believe will be the 10 biggest  of 2016. Here they are: 1. Global growth, more stable than...

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...

UAE ranks 33 in the 2011 Global Peace Index

The United Arab Emirates ranks 33 in the 2011 Global Peace Index (GPI) announced today. Levels of world peace dropped for the third consecutive...

Global Growth on the Rise but Risks Remain, Predicts IMF

IMF projects global growth at 3.7 percent in 2014, rising to 3.9 percent in 2015 Growth pickup stronger in advanced economies; higher external demand to...

Five reasons to remain bullish on Emerging Markets

Valuations are attractive. BofA's latest analysis comparing PB with ROE less COE suggests emerging markets (EMs) are 20% undervalued. Large sectors in bigger markets...

Arab Fashion Finds Place on International Runways

The fashion of the Arab world is characterized with its unique culture and traditions. But although designers from the Middle East have been getting...

Sensational Spa Stays in Thailand

Amari, the hotels and resorts brand celebrating the colours and rhythms of modern Asian hospitality is offering sensational Spa Packages, specially designed for relaxation and rejuvenation. Offering...

Strong UAE Presence on Forbes’ Billionaires List

Forbes announced its list of the world’s wealthiest people in 2013. The ranking consists of billionaires from every part of the world, including...

Top global risks for doing business in 2016

Global risks don’t know borders and their impact on different stakeholders is still far from understood. Businesses are particularly vulnerable as internationalization increases their...

Recession Receding: Global Consumers More Optimistic Than in 2014

Though consumer confidence scores saw a slowdown between the third and fourth quarters of 2014, people are still finding reasons to see the glass...

Flying Car gets closer to first delivery

Imagine how great would be to live in the Arabian Ranches and work in DIFC district, or live in Mirdif and work in Dubai...

World’s Top Ten Most Competitive Economies

The Global Competitiveness Report 2013-14, published in the beginning of September by the World Economic Forum, assesses the competitiveness of 148 economies based on...

U.S. Gives Up Power Over Internet in Favor of Private Sector

The National Telecommunications and Information Administration (NTIA) of the U.S. Commerce Department announced that it will not extend its contract with the Internet Corporation...

Armani Hotel Milano opens

The new Armani Hotel Milano is the second hotel to be launched within the Armani Hotels & Resorts project

2014 Big Idea: Return to a Normal Non-crisis Environment

The big idea for 2014 is: The final return to a normal non-crisis economic environment. Search for growth is the next step. Every year in...

Major Recession in 2013, Morgan Stanley

According to Morgan Stanley, the global economy is likely to be stuck in the “twilight zone” of sluggish growth in 2013. The global financial...