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...
Good news for expats living in Saudi Arabia The new residency plan would allow foreign workers to have five years residence visa The Saudi Arabian government is hashing out a new residency permit plan for the expats living and working in...
Food Processing, Organic Farming and Food Retailing to Experience High Growth in the GCC, says Frost & Sullivan A recent study estimates a growing trend in the demand for packed foods and wellness products GCC ambitions to reducing dependancy on food...
Kuwait National Petroleum Company to invest $40 billion in mega projects KNPC CEO says the company has embarked on ambitious programme to implement many mega projects with an investment outlay of around $40bn Mohammad Ghazi Al-Mutairi, CEO, Kuwait National Petroleum Company...
Arabian Travel Market is a unique platform that allows for deeper perspective on the entire Middle East and the wider tourism domain. The world is a global village. And various contemporary fairs and events mark its uneventful continuity into the...
As far as economic prosperity is concerned, one doesn't have to look towards the otherwise conventional Western countries nor towards the Far East, in China. It’s in the Middle East that the treasure trove of economic prosperity lies with...
Dubai's luxury hospitality group Jumeirah has unveiled plans to have marriages on the Burj al Arab helipad, creating the potentiality of unparalleled wedding ceremonies. Translated, its name means the ‘The Arabian Tower.’ But Burj al Arab, the imposing structure standing...
- Dubai to attract 450,000 cruise tourists by 2016. - Bahrain restarts US$80 million worth of mixed-use projects at the Muharraq coastal site and King Faisal cornice. - Oman plans a new 100 berth marina project. - Mina Zayed port in Abu...
Defence expenditure forms one of the core fiscal expenditures of countries with millions of dollars being spent by governments to ensure that their defence system is up-to date and bolstered with highly refined arsenal. Defence expenditures aren’t however mindlessly...
The economic boost in the Middle East has also extended to the stock market and stock market indices in the region. Most significant in this context are the stock markets in the UAE and Qatar which have gone up...
Top Tweets, Views, Photos and Videos from the summit.
8th April 2014 will see the commencement of the Annual Investment Meeting (AIM) in Dubai which will see delegates from all over the world, including the Sakha Republic of Russia, for whom this meeting is an inaugural participation. Otherwise...
EIU's report on Business Environment in GCC Countries indicates quite a revelation even as the region continues to display positive economic trends As country after country across the globe found itself plummeting from the pedestal of business and economic security,...
Whilst a majority of corporate sectors have indeed posted increased sales for the first quarter in 2014 in Middle East and Africa (MEA), there are nonetheless a few sectors that have had a dip in their sales activities. One of...
Dubai Duty Free Records 10% Increase in Sales Activities in Q1 2014 Dubai's Airport Terminal 3 contributes 62% of the overall sales Sales figures and tabulations for the first quarter of sales activities for 2014 have been released by all leading...
Statistics for commuter traffic for February, released by the International Air Transport Association (IATA), showed a surge in the demand for the aviation transportation with a percentage increase of about 5.4 percent. This increase has been placed in context...
JLL Survey Highlights Dubai amongst Global Metropolises with Stronger Economic Trends In order to determine and map out the futuristic developmental trends of leading metropolises, leading global property consultants, Jones Lang LaSalle (JLL) carried out the first City Momentum Index...
In an even bigger push for the e-commerce domain in the Middle East, Souq.com, the region’s first e-commerce and online shopping portal, has raised a hefty financial backing of about US$ 150 million or about 551 dirham, with US$...
The concept of World Expos predates to the mid-19th century with the inaugural Great Exhibition conducted in London in the year 1851. Since 1928 however, World Expos have been conducted by the Bureau of International Expositions (BIE) head-quartered in...
The highly awaited report of International Congress of and Convention Association (ICCA) about the international market of meetings and its trends across various countries in the world was released concurrent to the eighth year of Gulf Incentive, Business Travel...
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...
DHA has come up with an innovative plan to step up Dubai medical tourism sector. Dubai attracts millions of tourists from all over the world who come to see the fusion of modernity and traditionalism that prevails all over the...
When Facebook acquired Whatsapp, it really was a humongous bit of news that quite forcefully indicated the progressive way of the way social media networks were being consolidated and taken into the future. But for residents and social media users...
Middle East & Africa IT Infrastructure Spending will Reach $3.5 Billion in 2014 Towards the end of the 20th century – the 1900's so to speak – there emerged this new fad to call the new millennium as ‘Y2K.’ It...
Dubai is the most expensive region for expatriates to rent properties with 30% increase in rental property rates What’s the next best thing to do if we aren’t able to afford our ‘dream home’ in an exquisite foreign location? Of...
Gold – the yellow metal that’s as priceless as the word can imply. Everyone wants to own gold, wants to buy it as an investment for the future. But not many do manage to invest in gold thanks to...
In today’s times, women play a significant role in the global corporate world matching toe-to-toe with men. They don’t consider themselves to be the weaker sex as far as their presence in the corporate sector is concerned and expect...
Dubai's economy is bouncing back with latest trade figures revealing that Dubai's trade grew exponentially to over 1.32 trillion dirhams (about US$ 362 million) in 2013, leading to a growth of about 7.6%. Regarded to be one of the richest...
Jet Etihad deal encounters yet another problem with reports emerging about envoy intervention in the passing of the deal The strategic alliance between India’s leading airline operator Jet Airways and Abu Dhabi’s premier aircraft services, Etihad Airways was touted to...
Dubai Expo 2020 will fuel a massive construction boom throughout the Emirate. The rest of the GCC will see growth in their construction and related sectors. The next seven years will see a mass of prospects for the Emirate allowing it...
Middle East & North Africa need $1 trillion energy boost by 2030 Six Gulf Cooperation Council countries will make up 50% of MENA GDP by 2015, says IHS in their latest report More than USD1 trillion of investments are needed by...
The number of 'Megatall' towers in the Middle East is likely to increase within the next decade, says EC Harris a global Built Asset Consultancy. Economic power, space limitations, and relaxed planning regimes, all conspire to empower developers to build...
With the rise of Qatar and the UAE as new Emerging Markets, several investment opportunities are attracting foreign investors to the region. With India and China losing some steam in terms of their emerging market glitter, the Middle East is...
The region’s most extensive senior management report gathered information from 350,174 candidates  and it clears misconceptions and breaks some hiring myths regarding recruitment, social media, head-hunters, recruitment agencies, the best time to hire and provides a new perspective to...
A new research paper calls for governments across the globe, especially GCC nations, to lay the foundation for success of small and medium-sized enterprises (SMEs) so that they may take advantage of global trade opportunities. Published by the Association of Chartered...
A Unified GCC Tourist Visa could soon become a reality. A senior government official has revealed the Gulf Cooperation Council (GCC) states are aggressively working towards introducing a unified tourist Visa for the region. Abdullah Al-Shobaily; "The GCC is currently striving...