Fairmont declared November 12 as “Tea Day”
Pinkies up! From Vancouver to Bermuda to Nairobi, Fairmont has a long, illustrious history of serving the best Afternoon Tea in town. To celebrate...
Global Economy Outlook “Cautiously Optimistic”, Financial Leaders Say
Despite the recovery, risks are present and 2014 may be a year of volatility
The agenda for 2014 is to complete financial reform
The outlook for...
Business Confidence in Middle East Continues to Fall
Global economic confidence has improved slightly this quarter, despite lagging confidence in the Middle East and the Americas.
According to the latest Global Economic Conditions...
World Population Day 2014: Top 10 Mega Cities
Today we mark the World Population Day – the annual event that aims to raise awareness of global population issues and teach us of...
World Records Hottest June in History
2013 was one of the hottest years observed worldwide and scientists say there is an ongoing trend of rising global temperatures. Last month was...
Oscars Fashion: Best Dressed Ladies on The Red Carpet
The 84th Academy Awards ceremony had ended in the U.S., but fans in Dubai and the United Arab Emirates still have the chance to...
World’s most expensive cities in 2016 revealed
The Economist Intelligence Unit has released its Worldwide Cost of Living Report 2016, ranking the world's most expensive cities.
The report is based on the...
Top Global Trends of 2014
What are the most important opportunities and challenges facing the world in 2014? A new report from the World Economic Forum ranks the top...
UAE Performance on Latest Social Progress Index Pinpoints Key Weaknesses
The United Arab Emirates came 37th in the 2014 Social Progress Index. The country also holds the leading position in the Middle East region....
World Bank cuts global economic forecast for 2016
Souring prospects in the world’s largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut the...
Optimism outweighs fears of Fiscal Cliff
Signs That Great Rotation out of Bonds Into Equities Is Starting
Confidence in the outlook for China’s economy has surged to a three-year high, underpinning...
World Happiness Report: UAE Ranks 14th
Those looking for greater happiness and satisfaction in life should head to northern Europe, according to the 2013 World Happiness Report released on Monday...
2016 Global trade forecast revised downward
The World Trade Organization on Thursday, April 7, revised its 2016 global trade forecast downward by more than one percentage point, warning that a...
Developing East Asia to continue driving global economy in 2014
Changing global outlook highlights need for structural reforms to sustain growth and share prosperity
Developing East Asia is expanding at a slower pace as China...
Shorter Workweek Plea Continue – Pros and Cons
About two months ago, billionaire and world’s second wealthiest person Carlos Slim, shared his view that governments should reduce the workweek from five to...
MENA Geopolitical Risks Increase
There is a concern that the Iraq turmoil has caused a significant increase in geopolitical risks in MENA. The turmoil could also deepen the...
Global Consumer Confidence Rises, UAE Leads in MENA
Global consumer confidence is back to levels registered before the recession. This fact was revealed by Nielsen in the Q1 2014 Consumer Confidence report....
Global Internet ad spend outpaces other media
With consumer confidence up and brands looking to reconnect, spending on advertising is on the rise—around the globe and across media types. TV, newspapers,...