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IMF Revises World Economic Growth Forecasts for 2013-14

The International Monetary Fund forecast slower global economic growth for 2013 and 2014. The reasons for the latest revisions are expectations of a more...

ADB cuts Asia growth estimates for 2013

The Asian Development Bank reduced its estimates forecast for 2012 and 2013 for the Asian region. That happened on Wednesday when the amount of...

Transparency in global real estate markets increases

United States, United Kingdom, Australia rank as world’s most transparent real estate markets MIST markets among leading improvers African, Middle Eastern, Latin American markets lag A biennial...

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...

UAE Delegation Attends G20 Conference on Commodity Price Volatility Held in...

A delegation from the Ministry of Finance (MoF), headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated in the...

Commercial real estate cheaper in Europe

Sovereign wealth funds, institutions and private companies from the Middle East and Asia are getting advantage on the Eurozone crisis Summer 2012 European Market Indicators...

Today marks the 31st World Food Day

2012 World Food Day is dedicated to Agricultural Cooperatives Today marks the 31st World Food Day, dedicated to raising awareness of the problems facing global...

World’s greatest brands revealed at “Travel Oscars”

World Travel Awards (WTA) has capped its year-long search for the most popular travel and tourism brands in the world with its glittering Grand...

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...

World Travel Awards opens voting for Asia, Australasia

Online voting for 2013 has now opened and the organizers of the awards are encouraging both trade and consumers to submit votes in order...

Over 10 Million Stateless People in the World, Some in GCC

A child is born stateless every 10 minutes, the United Nations refugee agency UNHCR said on Tuesday, adding there are at least 10 million...

‘New Normal’ Productivity Spells Uncertainty for Global Economy

The Global Competitiveness Report 2015-2016 finds countries need higher productivity to address sluggish global growth and persistent high unemployment Failure to boost competitiveness is compromising...

Will Brexit lead to an increase in economic sovereignty

On 23 June, a decision will be made on whether the United Kingdom should remain in the European Union or not. A ‘leave vote’...

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....

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...

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...

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...

Regulatory uncertainty tops organizational risks for senior executives

Large institutions may suffer hit to normalized earnings as a result of re-regulation Deloitte identifies five key industry drivers to impact global financial institutions For the...