IMF launches Arabic blog for the Middle East and North Africa
The International Monetary Fund today launched its Arabic-language blog for the Middle East and North Africa - an interesting read for Dubai based financiers.
The...
OPEC Oil Production climbs to 31.27 million barrels per day in...
Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...
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...
Fundraising campaign in support of UNICEF’s education project
More than 40 Starwood hotels across the Middle East are joining forces to support Starwood Hotels & Resorts’ 5th annual associate fundraising campaign ‘Road...
International monetary system in 2030: Three future scenarios
Revision to regionalism, G2 rebalancing, and reconciling a two-speed world
As the euro debt crisis spreads with wide ranging implications across the globe, a new...
Inaugural Talent Convention ‘Very Productive’, GPCA Secretary General
Dr. Abdulwahab Al Sadoun, secretary general of the Gulf Petrochemicals and Chemicals Association (GPCA) has hailed the inaugural GPCA Talent Convention, which concluded in...
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,...
NATO takes over air operations in Libya
NATO took sole command of air operations in Libya on Thursday, according to the major news agencies.
Rebel forces, hampered by a lack of organization,...
Dr. Doom: “We’re Not Even Close to a Robust Recovery”
Nouriel Roubini’s Euro-Zone ‘Endgame’ Scenario
Nouriel Roubini, the NYU professor nicknamed Dr. Doom for accurately forecasting the 2008 financial crisis, has just made this Euro...
Airbus A380 global check for wing cracks
The European Aviation Safety Agency ordered Wednesday that all Airbus A380 superjumbo planes be checked for wing cracks in the coming week.
US Secretary Clinton to visit UAE
Secretary of State Hillary Clinton will travel to the United Arab Emirates for a meeting of the Libya Contact Group on June 9, according...
World’s most expensive office market
Newly-released figures from Knight Frank show that London is no longer the location with the highest prime office rents in the world.
Hong Kong replaced...
Middle East CFO Optimism at two year low in Q4 of...
Global CFO optimism is wavering, according to a recent study by Deloitte entitled ‘Q4 2011 Global CFO Signals Report’. Conducted on a semi-annual basis...
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....
UAE Delegation attends World Bank-IMF Annual Meeting in Washington
A delegation from the UAE, headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will be taking part in the...
A Train Wreck in the Bond Markets
Why investors, fearful of currency depreciation, have turned to gold...
NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro.
Well,...
World Energy Congress issues Call for Papers
Leading Experts Invited to Submit on Future of Energy
The Daegu 2013 Organizing Committee of the World Energy Congress Wednesday issued a call for papers...
Dust Storm in Southwest Asia
Meteorologists characterized the dust activity as a “super sandstorm”
Dust storms have been raging across southwestern Asia and the Middle East in mid-March 2012. Intense...