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Global Inflation Likely to Remain Subdued

A swinging global inflation pendulum? Weighting inflation risks There is speculation that, at core, markets are reacting to shifting inflation risks. Stabilizing commodity prices, firming DM...
Record-Breaking VC Investment in Fintech in First Half Of 2021

Record-Breaking VC Investment in Fintech in First Half Of 2021

KPMG’s Pulse of Fintech reveals investment hit USD 98 billion. USD 98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with USD...

Middle East Climate: Dry for Next 10,000 Years

Stalagmites from Iranian cave foretell grim future for Middle East climate Relief from the current dry spell across the interior of the Middle East is...

Global Consumer Confidence Reported Slow Steady Improvement in Q2

Global consumer confidence increased one point to an index of 94 in the second quarter, according to consumer confidence findings from Nielsen. The increase...

IMF’ MENA Regional Economic Outlook Defines the Road Ahead

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...

Arab region most affected by climate change

Ahmed bin Mohammed Al Jarwan, the Speaker of the Arab Parliament, has said the parliament remains focused on the protection of the environment, which...

Middle East carriers don’t follow global trends

Middle East carriers enjoyed traffic growth at 11.2 per cent year-over-year, even though this was lower than the 12.4 per cent increase in capacity....

Ford’s Silicon Valley Lab opens for tech and startup community

Ford Silicon Valley Lab now officially open for business in Palo Alto, Calif Ford frames Silicon Valley Lab’s mission around three priorities: big data, open-source...

Dubai Comedians head to New York for historical return of coveted...

Once the most coveted honor in American sports, the Hickok Belt™ Award is back, and the countdown begins today to the day when the...

Britain must convince the world of its global outlook

Three months on from the UK’s historic decision to leave the European Union, all eyes are on the UK economy. And its fate, according...

IMF cuts global growth forecast

The International Monetary Fund once again cut its outlook for the global economy, warning Tuesday that economic turmoil in China and financial contagion throughout...

Gadhafi agrees to stop fighting

Col. Moammar Gadhafi has agreed in principle to stop all hostilities in Libya and let in outside forces to help keep the peace, according...

Watch the “Mayan Apocalypse” Live

According to few people, the end of the world, the Mayan Apocalypse, will come in a couple of days. If you too are...

Sukuk market for GCC companies continues to expand

According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...

Emaar showcases gallery of Guinness World records

Emaar Properties PJSC, Dubai's global property developer, has showcased for the first time ever its impressive gallery of Guinness World Records. At an event held...

Sweeping Reforms Cannot Happen Overnight, Arab Leaders Say

Arab uprisings brought unforeseeable change, but sweeping reforms will take time Libya has complete control over its territory, its prime minister said, and Al-Qaeda elements...

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...