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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 Economy & Gold Price 2014 Outlook

Here is the most recent commentary of Jim Rogers on global economy and gold price outlook for 2014.

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...

IMF cuts global growth outlook for 2015

The International Monetary Fund lowered by 0.3 percentage points its forecast for global economic growth in 2015. The organization called for governments and central...

Emirates’ Operations in India: a US$848 million impact on GDP

Emirates, the world’s largest international airline, and the National Council of Applied Economic Research (NCAER) in New Delhi, today released the results of an...

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...

NASA’s Curiosity beamed first new Mars photos

NASA's most advanced Mars rover, Curiosity, has landed on the Red Planet. The one-ton rover, hanging by ropes from a rocket backpack, touched down...

Middle East Faces Significant Challenges to International Business

67% believe administrative processes of other countries are a barrier to opportunities  75% feel limited by the opportunities within the region at least...

2nd among “The Hottest Real Estate Markets on Earth,” or so...

Not long ago, Forbes published a ranking called “The Hottest Real Estate Markets on Earth.” Dubai also shines on the prestigious list. Moreover,...

G20: Another stimulus package no good news for emerging economies, India

The G20 summit kicks off in Cannes on Thursday under the shadow of escalating euro zone worries. World markets have been in turmoil after...

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,...

Sports gear maker scores highest revenue ever in 2012

Adidas Marked Record Revenues in 2012 The company expects the trend to continue over the next few years German company for sports equipment and...

2016 Most Expensive Cities for Expats Revealed; Dubai and Abu Dhabi...

According to Mercer’s 2016 Cost of Living Survey, Hong Kong tops the list of most expensive cities for expatriates, pushing Luanda, Angola to second...

Radiation spreads after Explosion at Japanese Nuclear Plant

Reporters and specialists say that the radioactivity is low and not dangerous to the health After the powerful earthquake of 8.9-magnitude hit Japan early Friday,...

Global Outlook for Real Estate remains unclear

Macro-economic and political landscape uncertainty suggests that a cautious outlook for commercial real estate is likely to persist into 2012, according to a new...

Happiness Prevail Amongst 70% of World’s Population

Looking at the news, we may see economic difficulties, dangerous epidemics, war and conflict, but most people are actually optimistic about the new year,...