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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,...

Global house prices static in Q1 of 2012

Europe's woes hit global house prices The Knight Frank Global House Price Index recorded its weakest annual performance since the depths of the recession in...

Investment sentiment for hotel assets strengthens across EMEA

According to Jones Lang LaSalle Hotels’ latest Hotel Investor Sentiment Survey, investment sentiment for hotel assets has strengthened across EMEA with yield and IRR...

Prime London Market Report

In recent years a large number of Middle Eastern investors expres interest in purchasing properties in Londonand other parts of the United Kingdom. Fynders,...

Opportunity for financial service providers: Reverse Mortgage

A popular and commonly used financial facility in the United States and Europe, with unexplored yet potential in the Middle East, is the Reverse...

Victoria Secret 2012 What is Sexy? List

Victoria Secret 2012 What Is Sexy? List Victoria Secret has finally broken its silence, announcing what it thinks is sexy for 2012. The lingerie retailer's What...

Emirates opens dedicated lounge at Atatürk Airport

 Emirates airline, one of the world's fastest growing airlines, today celebrated the opening of its dedicated lounge for First Class and Business Class passengers as...

Uncertainty drives US Dollar higher

Situation in the US remains relatively better than the European Markets continue to show deep concerns over a potential shock from Greece exiting the Euro...

Facebook and Zuckerberg dominate world’s news

Just in a matter of three days, so much happened to Facebook and its founder. On Friday, with the launch of Facebook's IPO, Mark Zuckerberg...

Facebook IPO live, traded at $42.05 up over 10%

Facebook IPO started trading in New York with approximately 25 minutes delay today Opening Facebook trade was expected at US $42, with 65 million shares...

Striking image of Earth by Russian satellite

What does it feel like to orbit Planet Earth? A new photo of the Earth from space highlights the striking beauty and intensely rich colors...

World’s key cities property index turns negative

The Knight Frank Prime Global Cities Index recorded its first quarterly fall since 2009, with the average value of prime property in the world’s...

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...

OPEC provides above oil market needs

OPEC pumps 1.62 million bpd above target in April Global demand growth in 2012 rises to 900,000 bpd OPEC is currently producing enough oil to keep...

Ramadan and Eid al-Fitr in 2012

UAE astronomer forecasts Muslim's fasting month of Ramadan timing A UAE astronomer has forecast the Muslim's fasting month of Ramadan might start on Saturday, July...

Google’s self-driving cars hit the roads

Self-driving cars are ultimately safer than those driven by humans In the United States, the future got a little closer this week. The state of...

More spending as global consumer confidence increases

UAE' consumer confidence index remained unchanged at 105, above the average Households around the globe experienced a brighter personal situation in terms of jobs and...

Bulgaria is Europe’s cheapest holiday destination

Cost of a summer holiday in Bulgaria is the best-value of all the European destinations A recent study in the United Kingdom has found that...