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Smart cities: Where to go?

Smart cities market to reach US$1.5 trillion by 2020 In 2015 and beyond, the number and value of smart city initiatives will expand substantially, according...

Riskiest and Most Reliable Countries for Business in 2015

In 2015 businesses are looking to expand and to reach foreign markets more than ever before. But there are factors that they should always...

Global Confidence Among Expats Soars; Nearly Two Thirds Feel Optimistic

Study of 20,000+ expats reveals their global confidence to live and work abroad has not diminished Majority (80%) of expats say they will continue living...

Sony to cut nearly 10,000 jobs worldwide

In 2008 Sony axed 16,000 jobs Sony Corp. plans to reduce its workforce by an estimated 10,000 jobs, or about 6% of its global workforce....

Middle East Business Confidence Improves Despite Economic Challenges

Business confidence in Middle East improves for second consecutive quarter, but remains low amid slumping growth rates 44% of businesses report worsening conditions ...

Escaping Cash in the Bank

US and UK inflation rose faster than interest rates in June. Get used to it... JUST WHY DO people choose to buy gold and silver?...

Weakening Outlook for Global Economy Amid Fears Over China

Global investors have shifted their attention from Greece to China amid continued concern of a Chinese recession, according to the BofA Merrill Lynch Fund...
Saudi Crown Prince Launches Master Plan for New Abha International Airport

New Abha International Airport Master Plan Launched

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development...

GCC economic activity fell by just under 30 per cent during...

Project awards, mergers and acquisitions activity, and company earnings are all down by close to 30 per cent Average daily oil prices down by 46.9...

IMF forecasts Middle East growth to accelerate

Overall economic growth for the Middle East region is forecast at 4.2 percent in 2012 Inflation will average 9.5 percent In it latest World Economic Outlook...

US second-term President and Middle East policy

American citizens elected President Barack Obama for his post for one more 4-years long mandate. Beating all the uncertainties in the poll, statistics proved...

The Wealthiest Cities in the World in 2023

When it comes to the number of resident millionaires, cities in the USA and China dominate the World’s Top 10 Wealthiest Cities, while only...

Most Expensive Cities for Expats Today

Mercer Research released today the results of its annual Cost of Living Ranking survey. The report outlines this year’s most expensive cities for expats....

Yahoo lays off 2000 employees

Yahoo confirmed that it is laying off 2,000 employees in an effort to make the company “smaller, nimbler, more profitable and better equipped to...

Commodities growth to ease in 2012

Expectations of lower inflation is expected to reduce commodities’ appeal in 2012. Two of 2011’s strongest performing assets, gold and oil, are unlikely to replicate these returns in 2012.

Emirates Set To Open World’s First Indoor Aviation Themed Attraction in...

300 square metre attraction located at the Emirates AirLine In a world first Emirates, one of the world’s fastest growing airlines, has today announced plans...

Airlines’ profitability pressured by high oil prices

Oil prices are high, although moderating somewhat from recent peaks  The profitability of the global airline industry will remain under pressure amid high oil prices,...

Bird Flu threats reported in Asia

In world news, the bird flue popularity is skyrocketing in recent days. Cases of the deadly desease have been reported in East Asia, namely in Pakistan, Bangladesh, China and Hog Kong.

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