Europe Addressing Distress While the US is Over the Hump
Real Capital Analytics’ (RCA) deal flow analysis indicates that Europe is starting to make headway in dealing with its distressed real estate loans while...
Experts Predict 2 Billion International Travelers in 2020
Today, tourism and travel industry is reaching brand new heights. The main reason for this is that governments around the world clearly see the...
Travel and Tourism Competitiveness Report 2013 Revealed
Switzerland, Germany and Austria are top performers in the fifth Travel & Tourism Competitiveness Report, which ranks 140 countries according to their attractiveness and...
A Billionaire disagrees, magazine strikes back
Who is more powerful - Forbes or Prince Alwaleed bin Talal?
Billionaires business owners and a number of ultra-successful entrepreneurs would be flattered to be...
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...
GCC Markets Performance in February 2013
GCC were unstable in February; TASI consolidated under 7,000
Highest MoM gains belongs to Abu Dhabi and Kuwait
Trading activity withdraws on MoM basis
Activity of IPO...
2013 Mobile World Congress – Smartphones of the Future
Only a few days are left until the start of this year’s Mobile World Congress in Barcelona and the introduction of latest and most...
GCC Economic Development and Outlook 2013
GCC nominal GDP reached about US$ 1.56 trillion in 2012, up from US$ 1.44 trillion in 2011; UAE economy to grow by 3.2% in...
Happy Chinese New Year!
Yesterday the Lunar New year celebrations began around the world to mark the beginning of the new Chinese New Year - the Year of...
Goldman Sachs cuts recommendation on global equities to ‘neutral’
Goldman Sachs has grown cautious on global equities in the near term. Last week, the investment bank cut its recommendation on equities investments to...
New York Fashion Week 2013: What to Expect
Designers' collections for Spring 2013 are already hitting the stores. That means only one thing – it is time for the New York Fashion...
Who Will Dominate This Year’s Grammy Awards?
The 55th Annual Grammy Awards are right around the corner and both celebrities and music fans can’t wait to find out who will take...
World’s Most Expensive and Cheapest Cities in 2013
The Economist Intelligence Unit (EIU) released its annual Cost of Living report for 2013. The study ranked both the most expensive and cheapest cities...
IMF revises MENA’s growth rate
The International Monetary Fund stated in a report released in January that an anticipated drop in the average growth rate of the regional economy...
Gold hedging strategies for emerging markets
The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...
The Global Economy in 2013: “Fragile and Timid Recovery”
The International Monetary Fund forecasts 3.5% GDP growth for the global economy in 2013
The economic climate is much better this year than last year,...
UAE signs agreement with World Economic Forum
The United Arab Emirates will host the Summit on Global Agenda Councils until 2018 in both Abu Dhabi and Dubai under a strategic agreement...
Sweeping Reforms Cannot Happen Overnight, Arab Leaders Say
Arab uprisings brought unforeseeable change, but sweeping reforms will take time
Libya has complete control over its territory, its prime minister said, and Al-Qaeda elements...