Search Results for: "dubai"

Middle East Urged To Do More To Fight Financial Crime

The implementation of measures against financial crime is of growing importance in the region, a new KPMG survey says.

Tommy Weir: Playing With Economic Bubbles

Bubbles are a natural part of Dubai’s growth cycle, writes the author of ’10 Tips For Leadership In The Middle East’.

Family Owned Businesses: Embracing An Ever Changing Business Environment

With greater competition from around the world, it is imperative that family owned businesses begin to think more innovatively.

The Gulf’s Great Train Journey

As the GCC embarks on a colossal rail network, the region’s trade and logistics sector is poised for metamorphosis.

The Middle East Eyes Solar As Easy Oil Era Ends

The Middle East’s oil exporting countries are turning to solar energy options to power themselves. But the region still faces some stumbling blocks when tapping the sun’s power.

Women Edge Into Gulf Boardrooms As Economies, Societies Shift

Solid economic growth in the Gulf is paving way for more female representation at top tier management.

Behind-The-Scenes Boom

The GCC’s facilities management firms are booming as more buildings are erected but the industry is aiming for sustainable growth this time around.

How Will Expo 2020 Impact The UAE Jobs Market?

Suhail Masri, VP sales at Bayt.com, gives his insight into the impact Expo 2020 will have on the UAE’s job market.

UAE Lender FGB Q1 Net Profit Rises 27%, Beats Estimates

The lender made a net profit of Dhs1.33 billion ($362.1 million) in the three months ending March 31.

Different Arab money

Kuwait’s Al Madina Files For Protection, Uncertain Of Viability

The company posted a net loss of 8.2 million Kuwaiti dinars ($29.2 million) for the 2013, against a 3.3 million dinar loss a year earlier.

Emaar Q1 Net Profit Rises 55%

The Dubai property developer’s profit increase fell slightly below analyst expectations.

Rising Affordability And Lifestyle Related Diseases To Boost GCC Healthcare Market

Qatar and the UAE are expected to be the fastest growing GCC healthcare markets from 2013 to 2018, while Saudi Arabia will remain the largest.

Consortium Agrees $500mn National Petroleum Services Buy

No information was given as to the stake size being acquired, but some current shareholders will remain as minority shareholders, Fajr Capital said.

Five Minutes With… Mark Preston, CEO And Executive Chairman, City Index

Having just opened the company’s first Middle Eastern office in Dubai via sister brand FX Solutions, Mark Preston, CEO and executive chairman of City Index, talks the local forex market, the impact of technology and the global investment climate.

The GCC’s Food Security Dilemma

A lack of arable land and growing number of mouths to feed makes food security a pressing issue for the GCC.

Kuwait’s Stock Exchange Takes Step Towards Delayed IPO

The country has been considering an IPO of its stock market for years, but political infighting and entrenched bureaucracy delayed it.

Abu Dhabi Islamic Bank Q1 Net Profit Up 20.4%

The lender made a net profit of Dhs409.5 million ($111.5 million) in the three months to March 31.

Bloom Begins Abu Dhabi Marina Construction

The waterfront development includes 225 residential apartments and a 200 room five star hotel.

Work Begins On World’s Tallest Tower

The Kingdom Tower project has been undergoing exhaustive testing works before construction begins on April 27.

Nakheel Awards Dhs47m Contracts For Deira Islands Project

The developer has appointed AE7 for design, supervision, architectural and engineering services.

Exclusive: Hill International CEO On Handing Over Power

Irvin Richter, CEO of Hill International, is stepping down at the end of the year to allow his son to take charge. But that won’t stop the firm’s frenetic pace, he says.

How To Be An Ethical Leader

Sharing power and being clear about expectations could encourage innovation in your team, writes Jeanette Teh, assistant professor of Business Administration at the American University in Dubai.

Five Minutes With… Jawad Squalli, Regional Vice President, Epicor ME

Software vendor Epicor is looking to expand in the Middle East, says Squalli.

Abu Dhabi’s Mubadala 2013 Profit Jumps On Financial Investments

Mubadala, which has stakes in GE and private equity firm Carlyle, saw net profit tripling over the last year.

Bahrain’s Ahli United Bank Considers Sale Or Merger

The deal, estimated to be worth $5 billion, would be the largest banking transaction in the region for the past 20 years.

Saudi Authorities Detain Activist After Court Appearance

Waleed Abu al-Khair has been charged with breaking allegiance to King Abdullah, disrespecting authorities and inciting public opinion.

The Internet Of Things: How Will It Affect People In The UAE?

Dubai’s smart city plan promises exciting times ahead, writes Jyoti Lalchandani, group VP and regional MD for the Middle East, Turkey & Africa at IDC.

HH Sheikh Ahmed Bin Saeed Al Maktoum

His highness Sheikh Ahmed bin Saeed Al Maktoum stood proudly at the Dubai Airshow in…

HE Mohammed AL SHAIBANI

As the controller of Dubai’s commercial and business assets, to say Al Shaibani has his…

Medical Tech Firms Boom In GCC As Healthcare Spend Surges

Medical tech firms are flush with rising government healthcare spend.