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...
Eurozone moves closer to banking union
On Wednesday, the Eurozone moved a step closer to a banking union. It revealed a plan for the European Central Bank to regulate banks,...
Will 2013 be the Hottest Year on Record?
According NASA 2012 was the ninth-hottest year ever on record and some experts believe that 2013 will be even hotter. The winter was unusually...
Global economy risks skidding toward recession, IMF
The International Monetary Fund says in its latest forecast that the world economy has declined further and will recover more slowly over the next...
US Federal Reserve Bond Buying Program Remains Intact
US Federal Reserve Chairman Ben Bernanke said Wednesday that reductions of the US central bank's $85 billion-per-month bond-buying program are "by no means on...
World Economic Forum Unveils Virtual Global Collaboration
The Forum today unveils a major initiative at the Annual Meeting 2022 in Davos to harness the power of the metaverse to grow and...
Strong Airline Passenger Traffic Growth Trend Continues
The International Air Transport Association (IATA) announced global passenger traffic results for May showing that air travel continued to expand at a healthy rate....
UAE Unveils Three Initiatives to Mark World Environment Day
To celebrate World Environment Day 2021, held under the theme ‘Ecosystem Restoration’, the Ministry of Climate Change and Environment (MOCCAE) has rolled out three...
The World’s Most Expensive Cities
The Economist Intelligence Unit's Worldwide Cost of Living survey named Zurich, Paris and Hong Kong the world's most expensive cities. Using New York as...
GCC Economic Development and Outlook 2013
GCC nominal GDP reached about US$ 1.56 trillion in 2012, up from US$ 1.44 trillion in 2011; UAE economy to grow by 3.2% in...
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...
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...
Year in Review 2012: The End is Here!
Hurricanes! The fiscal cliff! Honey Boo Boo Child! The bizarre events of 2012 look a lot like omens of the apocalypse! JibJab takes inspiration...
Royalty and Rock help Britain opens its Olympics
The queen and James Bond gave the London Olympics a royal entrance like no other Friday in an opening ceremony that rolled to the...
IATA Predicts Better Profits for Global Airlines
The International Air Transport Association (Iata) has raised its profits forecast for global airlines in 2012 by a third to $4.1bn, due to efficiencies...
UN Reports Record High Global Unemployment
In a time of disturbing economic instability global unemployment scores a record increase according to a report by the UN. Young people will be...
Wealth management firms revise approach to high net worth individuals
Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...
Mother’s painkiller addiction causes baby drug withdrawal
Number of infants affected by mothers' painkiller addiction triples
Painkiller addiction is a brain disease that should be treated like other illnesses
Disturbing new research published...