MENA shoppers prefer VISA cards A visible surge has been recorded in the demand for Visa debit, credit, and prepaid cards off-late as shoppers across the Middle East and North Africa (MENA) region opted for electronic payment method on the...
  It's time to rethink on investing in Saudi Arabia. In this Op-Ed, Wael Al-Nahedh, CEO at Spearvest provides insightful information on fast-changing Saudi Arabia, to be seen as a major investment opportunity for substantial return on investment. The recent news...
Arabian Gazette's interview with Rami Shaar, Co-Founder of Washmen Rami gets candid with how the entrepreneurial passion drove him to start Washmen, the problem he's trying to solve, the Unique Service Proposition (USP) of the business, future plans, funding and...
"No separate ways of thinking, no divisions, no restrictions". These are the opening lines of Saudi's NEOM's trailer. Women in modern clothes, clean energy sources and a lot of open mindedness -- NEOM, Saudi Arabia's $500 billion mega city...
Almost half of UAE residents are worried that they will not be able to afford the increased cost of living brought about by the country’s implementation of value-added tax (VAT), a survey from Dubai based comparison site yallacompare reveal. Over 62% of...
  Trio of Ministers discuss 'Grain Road' as potential pathway to Multi-Continent food security A potential new ‘Grain Road’ - stretching from Russia to Africa, via the Middle East – could also boost trade between East and West. Top-level decision-makers share the...
Latest Emirates NBD UAE PMI data shows that the UAE's economic output growth picks up at start of 2018. Improving economic conditions resulted in further gains in output and new orders at UAE non-oil companies at the start of 2018....
startAD's Venture Launchpad is UAE’s first hardware startup program aimed at making Abu Dhabi the center for innovation in hardware. The hardware venture launchpad provides startups with the resources, tools, and network to accelerate significantly in a short time span. startAD has...
In the run up to Ramadan 2017, YouGov surveyed residents in the UAE and Saudi Arabia as part of their annual Ramadan study to discover expected changes in consumer behaviour in and around Ramadan.  In the survey, not surprisingly a...
report is our major annual economics study, which measures the factors that are crucial to future productivity and prosperity. Ten years on from the global financial crisis, economies remain at risk from further shock and are ill-prepared for the...
Dubai ruler approves DIFC’s new expansion plan for DIFC 2.0 In accordance with the recently announced Fifty-year Charter that aims to ensure Dubai’s sustained prosperity and accelerate the development journey of the emirate, the UAE and the region, His Highness Sheikh...
Staging a mega-event like the World Expo has boosted the economies and international profiles of its host cities for decades – and soon it’s Dubai’s turn to step into the spotlight. New report from JLL sheds light on how the...
Our sit down with Bhupender Nath, CEO and Owner of Passion F&B, on ease of doing business in UAE amidst looming oil price slump and its impacts. What brought you to Dubai -- work or personal reasons? Business brought me to...
Economic development expert, Richie Santosdiaz, interviews Sally Harrison, Head of Business Development and Marketing at Emrill, a leading, Dubai-based, facilities management company. UAE’s Facilities Management market is expected to grow at CAGR of 9...
Growth attributed to region’s young population with high disposable income & high internet penetration rate 2016 industry value stood at USD 4.8 billion GCC market to hit USD 20-billion mark by 2020 The number of online shoppers in the...
During the recent Gulf Trade Finance Summit in Dubai we had the chance to interact with trading finance industry experts to discuss on disruptions in trade finance and to get to know more on the latest trends,...
Property and real estate are two aspects in an economy that are highly vulnerable and immensely susceptible to the slightest variation. When these two elements enjoy a period of boom, there’s much to speak about – boast and brag...
Whether you’re going on a first date, celebrating your wedding anniversary or proposing to the one you love, Dubai is not short of special restaurants that cater for each and every special occasion. In this article we look at three...
In this candid interview, Chairman of The Institute of Chartered Accountants of India (Dubai) Chapter, Mahmood Bangara, talks about VAT implementation in the UAE and their implications on business. He assesses post implementation of value added tax (VAT) in...
Dubai International Boat Show growth contributes to robust regional marine industry 22nd edition showcases 430 boats valued at AED 1.8 billion The show’s largest-ever superyacht to be showcased along with 42 global and regional premiers and 750 exhibiting companies and brands Dubai...
Launched in 2014 as Dubai’s first online dessert bakery, SugarMoo Desserts has since expanded into four dessert labs located across the city whilst simultaneously catering to over 100 F&B outlets.  As part of its ongoing development, SugarMoo has recently announced...
Deloitte Survey Reveals Changing Preferential Moods: From China to the Middle-east  Despite the gloom and doom that overrode most of the global economy in 2013, the Asian economic giant China notched some significant successes as far as its economic activities...
Ever since electronic commerce or as the popular acronym goes, e-commerce, has come into existence, there has only been positives being raved about it. The concept’s dynamics have been explored thoroughly over the course of the years and with...
"Dubai has continued to focus on its core strength -services. From retail and real estate to maritime transport, tourism and financial services, the emirate's economy and key services sectors are in full flight." ~ Oxford Business Group says in...
Freelancing, specifically online freelancing, is still a tiny part of the global staffing industry, which is estimated to be $422 billion. Last year the combined online staffing industry was $1.5 billion and this number is expected to grow to...
When the Leavers claimed victory in the referendum, mainstream media as well as  social media went into a frenzy predicting doomsday for UK. Ironically the similarities are striking – where social and economic discontent capitalised by tapping the fear...
For the first time, United Arab Emirates (UAE) has implemented Value Added Tax (VAT) on businesses in the country effective from 1st Jan 2018. For companies not complying to the VAT laws and regulations, stiff penalties are imposed ranging...
Latest figures released by Google shows India’s growing inclination towards e-commerce and online purchases which witnessed an  unprecedented surge in 2015. Piyush Gupta writes on what awaits the sector in 2016. Google released a list of what India searched for...
Kuwait has discovered four new oilfields in the north and west of the country, a top oil official was quoted as saying by state news agency KUNA on Sunday. In a statement to Kuwait News Agency (KUNA), Hashem Hashem, the...
The outgoing Year 2014 presented a major threat of cyber crimes including hacktivism and spread of western cyber issues to the financial institutions operating in the Middle East and North Africa (MENA) region and future challenges keep haunting the...
Real Madrid Café will be officially launched in Dubai on December 29th, 2014 as the first and only restaurant in the world named after and in collaboration with the popular football club. The momentous event will be made all the...
"Man is born free but is kept in chains everywhere. " ~Jean Jacques Rosseau~ Rosseau's statement is central to the idea that Man is born free  and has the ability to prevent enchainment , only through institutions of righteousness, respect and...
  In our interview with Jean Claus, CEO Euler Hermes Middle East, shares his views on how destructive Covid-19 has been to the global economy, the twin shock of Covid-19 and the sharp drop in oil prices which are posing...
It's starting to heat up in Brexit-land after 17 months of jockeying for position, and this month more than any month since June 2016 might indicate whether UK Prime Minister Theresa May's critics are right or wrong. Will Theresa May...
On June 23, 2016 the United Kingdom held an historic referendum so that voters could decide whether they wanted to leave the European Union governance architecture and over 52% of UK voters elected to "Leave" the EU. Subsequent divorce negotiations...
Growing Muslim population propel a huge demand and potential for the halal food and lifestyle sector in the coming years. Halal food and lifestyle, products manufactured or produced as per the Islamic laws, sectors are expected to grow phenomenally as...
Just as Theresa May's government appeared to be on the brink of collapse, the European Commission President asked the British Prime Minister to meet him in Brussels to jointly announce that negotiators had achieved the breakthrough needed in order...
Bahrain has been ranked as the Middle East's top economically free country. According to the annual Index of Economic Freedom published by The Heritage Foundation and the Wall Street Journal, Bahrain remains the Middle East / North Africa’s (MENA) region’s...
Bright economic growth prospects for the UAE and Saudi Arabia, according to the latest Macro report from Crédit Agricole Private Banking   Q1 2014 ended with bright economic growth prospects for the UAE and Saudi Arabia Arab countries in the Middle East...
The fall of the Soviet Union in 1991 has demoted communism and socialism to the least importance upon which capitalistic notions flourished all around the world. Since then, the dominant economic trends revolve around the economic theory of deregulation...