Image - comefillyourcup.com
In our day-to-day life, we quite often observe that our relationships with people who hurt us deeply, one-time or habitually, turn sour as it becomes hard for us to forgive. It is unavoidable that we come across...
May 18, 2012 9:32 am / 2 comments
A look at today’s important financial news and business updates from the Middle East region:
UAE govt-related firms to repay $30bn debts due in 2012 – IMF
The International Monetary Fund (IMF) said in its latest report that around $30 billion...
May 17, 2012 10:02 pm / no comments
Extraction and production of the precious yellow metal gold by Turkey has increased by 43% to 24.4 tonnes in 2011 compared from a year ago. Photo - Reuters
Gold transactions between Turkey and Iran soared over 30 times in March as Iranians are...
May 17, 2012 9:24 pm / no comments
A cashier counting a bundle of Lebanese pound at the Central Bank of Lebanon. Photo - Executive-Magazine.com
Lebanese Finance Minister Mohammad Safadi announced plans to raise $2 billion in eurobonds this year after borrowing costs of the most...
May 17, 2012 8:02 pm / no comments
Filipino workers sit in an office in Saudi Arabia. Photo - mideastposts.com
Deputy Labour Minister for workers affairs Ahmad Al-Humaidan announced on Thursday the government is taking practical steps aimed at scrapping the individual sponsorship...
May 17, 2012 7:23 pm / no comments
The United Arab Emirates’ central bank announced on Thursday current account surplus quadrupled to AED112.7 billion ($30.7bn) in 2011 thanks to an increase in crude and non-oil exports.
According to a Reuters calculation, the surplus...
May 17, 2012 5:58 pm / no comments
Photo - Reuters
The International Monetary Fund (IMF) said in its latest report that around $30 billion of maturing loans have to be repaid by government-related companies in the United Arab Emirates. The global financial institution added that...
May 17, 2012 4:45 pm / no comments
US President Barack Obama on Newsweek issue cover. Photo - Newsweek
Dear Mr. President,
I do not agree with you. By supporting this resolution you have set a wrong example for the world. God created man and woman, Adam and Eve to cohabit, not...
May 17, 2012 12:17 pm / 4 comments
A look at today’s important financial news and business updates from the Middle East region:
Sanctions on Iran having moderate impact on Dubai economy – official
A top Dubai official has said the emirate’s economy has felt only a modest...
May 16, 2012 7:46 pm / no comments
Photo - Neftegaz.ru
Oil prices registered a drop of more than a dollar on Wednesday as fears of Greece’s exit from the euro single currency and a larger-than-expected rise in crude stocks in top consumer United States dented the outlook...
May 16, 2012 7:19 pm / no comments
An aerial view of the Dubai Cruise Terminal. Photo - DubaiTourism.ae
A single visa system for GCC (Gulf Cooperation Council) countries for cruise passengers will be rolled out this September after four long years of discussions, tourism sources...
May 16, 2012 6:43 pm / no comments
Young protesters gather in front of Morocco's Parliament building to demand jobs and end to corruption. Photo - Abdelhak Senna/AFP/Getty Images
According to a World Bank report, almost 30% of Moroccans between 15 and 29 years of age are...
May 16, 2012 6:16 pm / no comments
Dhows parked along Dubai are being loaded with goods headed for Iran.
A top Dubai official has said the emirate’s economy has felt only a modest impact on trade from international sanctions against Iran so far.
“It’s still...
May 16, 2012 4:02 pm / no comments
Tunisian Foreign Affairs Minister Rafik Abdessalem(R) meets with Qatar's Minister of State for Foreign Affairs Khalid bin Muhammad Al Atiyah on 15 May 2012 in Tunis. Al Atiyah is on two day official visit to Tunisia. Photo - Getty Images
Qatari...
May 16, 2012 2:19 pm / no comments
One hundred-yuan Chinese banknotes pass through a currency counting machine at the Hang Seng Bank Ltd. headquarters in Hong Kong. Photo - Jerome Favre/Bloomberg
A senior executive at Standard Chartered said growing trade ties with China and...
May 16, 2012 1:30 pm / no comments
Can creativity be taught?
Here’s the deal; I make it a habit to read at least two articles a day about technology advancements. Most of these articles talk about upgrades for existing inventions. For example, TVs are getting bigger, thinner...
May 16, 2012 11:48 am / 2 comments
Press Release
The root of superior results is the culture of innovation that allows for success.
Dubai, United Arab Emirates, May 16, 2012: Conventional management thinking has put an over emphasis on the processes and systems that allow for...
May 16, 2012 12:23 am / no comments
A look at today’s important financial news and business updates from the Middle East region:
UAE ranked among lowest software piracy countries
The UAE is the only Arab country ranked among the lowest-piracy countries in the world, the ninth...
May 15, 2012 10:37 pm / no comments
Palestinian trucks carrying goods at a Gaza-Israel crossing. Photo - Medical Aid for Palestinians
Israel has allowed Gaza Strip to export locally-produced garments for the first time in five years. Reports coming from the besieged Palestinian...
May 15, 2012 9:33 pm / no comments
Photo - businessreviewcanada.ca
The UAE is the only Arab country ranked among the lowest-piracy countries in the world, the ninth annual global software piracy study by the Business Software Alliance (BSA) in partnership with IDC and Ipsos...
May 15, 2012 8:59 pm / no comments
Photo - BAE Systems
The Saudisation jobs policy, Nitaqat, is giving private sector employers in Saudi Arabia a tough time as they grapple with the implementation of reform introduced in the wake of Arab Spring uprisings, a new report revealed.
Global...
May 15, 2012 8:18 pm / no comments
A view along the Corniche of Mutrah in Muscat, with latticed houses and the beautiful Mutrah Mosque. Photo - Getty Images
Oman’s Ministry of Tourism said in a statement on Tuesday its resort and hotel industry continues to expand with over...
May 15, 2012 7:30 pm / no comments
An aerial view of Doha, capital of the State of Qatar. Photo - Royal Dutch Shell Media Library
A new research published by the World Wildlife Fund (WWF) said Qatar has the worst ecological footprint per person in the world.
The wildlife and...
May 15, 2012 6:24 pm / no comments
First McDonald's in mainland China in Dong Men, Shenzen. Photo - Monkboughtlunch.com
Thanks to globalisation, we now see a few major brands all over the world. McDonald’s is perhaps one of the most internationally recognised brands that...
May 15, 2012 4:39 pm / 6 comments
An early prototype of the smart shirt developed at Georgia Tech. Photo - SensaTex Inc.
Ideas like car panels made by silkworm cocoons, camouflage clothing that can be switched at the flick of a switch and “smart” shirts with a phone and...
May 15, 2012 1:23 pm / no comments
Press Release
Through a survey conducted in collaboration with BayBio, Booz & Company details the reasons why life science companies and large pharmaceutical firms are increasingly outsourcing clinical development programs
Dubai, UAE, 15...
May 15, 2012 12:32 pm / no comments
A look at today’s important financial news and business updates from the Middle East region:
UAE federal bankruptcy law to be ready by year end
The UAE Justice Minister Hadef bin Juan al-Dhaheri announced on Monday the government is close...
May 14, 2012 9:38 pm / no comments
The UAE Justice Minister Hadef bin Juan al-Dhaheri announced on Monday the government is close to finalise an updated federal bankruptcy law and a draft of the legislation which should be ready by the end of this year.
The draft, which has...
May 14, 2012 9:06 pm / no comments
Saudi riyal. Photo - Filipinodoctorsinksa.com
National Commercial Bank said Saudi economy will expand 3.9% this year and will hit 4.4% during next year.
The Jeddah-based bank said in a report that the government will have a fiscal surplus of...
May 14, 2012 8:34 pm / no comments
Akbar Al Baker - CEO Qatar Airways. Photo - Moodiereport.com
Qatar Airways CEO Akbar Al Baker has rubbished claims made by European airlines that Gulf carriers are unfairly grabbing aviation market share thanks to generous government handouts.
Al...
May 14, 2012 7:55 pm / no comments
Jordanian dinar banknotes. Photo - Travelblog.org
Jordanian state news agency Petra announced the country’s budget deficit could reach 2.06 billion dinars ($900 million) after donations and assistance in 2012. Suleiman Hafez, Jordan’s...
May 14, 2012 7:16 pm / no comments
A view of Djemaa El Fna market in Marrakech, Morocco. Photo - Rol1000
London-based Al Hayat newspaper reported that Morocco witnessed a sluggish economic growth rate of just 2.2% during the first quarter of this year compared to final quarter...
May 14, 2012 6:07 pm / no comments
Press Release
Emirati short Sabeel, UAE-funded Habibi open 7th Panorama festival in Paris
Dubai, May 14, 2012 – Award-winning Emirati short film Sabeel and multi-award winning Palestinian feature film Habibi Rasak Kharaban (Darling, There’s...
May 14, 2012 2:27 pm / 1 comment
Image - saranesss.tumblr.com
It maybe a good idea to reconsider your long pending decision to get an iPhone. We present to you the top 5 alternatives that will change your mind (hopefully) to buy an iPhone.
Next: The Sleek & Sexy Sony Xperia...
May 14, 2012 7:57 am / no comments
A look at today’s important financial news and business updates from the Middle East region:
Dubai Economic Council forecasts 4 to 5% GDP growth for 2012
Dubai’s Economic Council said the emirate’s GDP will grow by 4 to 5% this year,...
May 13, 2012 11:37 pm / no comments
People stand in the line to make withdrawals outside Cairo Bank in downtown Cairo on 6 February 2011. Photo - Amr Abdallah Dalsh/Reuters
Moody’s Investors Service said in its outlook that Egypt’s banking system remains negative...
May 13, 2012 9:46 pm / no comments
A view of the Kuwait Central Bank which was originally designed by Danish architect and designer Arne Jacobsen back in the early 1970s. Photo - 248am.com
Kuwaiti central bank governor said a preliminary report from the International Monetary...
May 13, 2012 8:53 pm / no comments
An aerial view of Dubai. Photo - AP
Dubai’s Economic Council said the emirate’s GDP will grow by 4 to 5% this year, a much higher estimate than that projected by other institutions. The council hoped that strong performance of trade...
May 13, 2012 8:00 pm / no comments
An Omani banknote with Sultan Qaboos bin Said's image. Photo - Alrroya.com
Oman posted a budget surplus of OMR768m ($2bn) in the first two months of 2012 thanks to rising oil prices that boosted revenue, data released by the finance ministry...
May 13, 2012 7:22 pm / no comments
Scientists have found differences in the brain which may provide a biological explanation for psychopathy. Photo- Hayden Bird/iStockphoto
Psychopaths have baffled and amazed scientists for centuries. According to Dr. Sabrina Weber, professor...
May 13, 2012 6:14 pm / no comments
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