Search Results for: Dubai
The Top Companies in the Arab World 2016
June 2nd, 2016
Last year was not an easy one for Arab companies. Political instability and plunging oil prices affected financial performance. Total market value for the 100 Top Companies in the Arab World dropped 15.5% to $689 billion between April 1, ...
Winners of Middle East Hotel Awards 2016
May 30th, 2016
12 Dubai Hotels win at Middle East Hotel Awards 2016 The awards ceremony, held on 24 May at the Palazzo Versace Dubai, witnessed a 63 per cent increase of submissions on the previous year’s edition, with the 6-month old ...
OPEC has turned into battleground between Saudi Arabia and Iran
May 30th, 2016
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran, writes Rakesh Upadhyay of Oilprice.com. Relations between the two countries have reached a new low. ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
UAE’s First Bitcoin Startup Shuts Down
May 25th, 2016
Bitcoin payments firm YellowPay, by some accounts the first industry startup in the Middle East, has shut down for undisclosed reasons according to members of its founding team. Forming in 2014, YellowPay had sought to promote bitcoin as an e-commerce solution in ...
UAE cities ranks high among world’s fastest growing retail markets
May 16th, 2016
CBRE: Abu Dhabi and Dubai ranks high in retail development Abu Dhabi and Dubai, UAE, have together ranked among the top 17 of the most active cities for shopping centre development, according to CBRE’s latest Global Shopping Centre Development ...
Allocated Bullion Exchange announces four New Liquidity Providers
May 13th, 2016
Allocated Bullion Exchange (ABX) is pleased to announce the addition of four new Liquidity Providers to our membership base. Gold Stackers, Lucius Precious Metals, House of Commodities and Silver Bullion Pte Ltd (Singapore) have recently joined the ABX. Based ...
PAYFORT State of Payments 2016 report to reveal new insights into Arab world’s buying habits
May 12th, 2016
Report examines e-payment and e-commerce markets; adds extensive consumer survey to reveal region’s shopping behavior PAYFORT, the leading online payment service provider in the Arab world, will soon publish its third “State of Payments in the Arab World” report, ...
Oil dips on record U.S. inventories; Canada output to improve soon
May 11th, 2016
Oil prices dipped on Wednesday as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires, and as record crude inventories especially in the United States put pressure on markets. An ongoing fight ...
All five magic circle law firms named in new ‘Panama Papers’ database
May 11th, 2016
Top City firms named as a result of Mossack Fonseca leak and further investigations by press All five magic circle law firms have been named in an online database that reveals the identities of thousands of companies connected to the Panama ...