Business & Money | Wednesday 26 October, 2016 9:12 am

Business confidence upbeat despite global economic uncertainty

A first-time survey of CEOs undertaken by the global publishing, research and consultancy firm Oxford Business Group (OBG) suggests that business sentiment across the GCC remains broadly positive, despite the current challenging economic climate.   As part of its landmark Business...

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Business & Money | Tuesday 25 October, 2016 2:46 pm

M&A activities drove equities, focus shifts to earnings

Written by Hussein Sayed, Chief Market Strategist at FXTM Equity markets began the week on a positive note with M&A activities, positive earnings, and better than expected data from the Eurozone and U.S. all boosting appetite to risk.   The merger between AT&T and Time Warner...

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Business & Money | Tuesday 25 October, 2016 12:31 pm

Riyadh named sixth fastest growing travel destination in the world

Reinforcing its reputation as a rising business and tourism hub, Riyadh has been named the sixth fastest growing travel destination in the world, according to the Mastercard Global Destinations Cities Index 2016 which was released recently. Riyadh – with a compounded annual growth rate of...

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Business & Money | Monday 24 October, 2016 9:46 am

Earnings and Macro data to drive financial markets the week ahead

Written by Hussein Sayed, Chief Market Strategist at FXTM Last week’s robust U.S. corporate announcement indicated that there’s a high chance for corporate America to get out of its five consecutive quarter long profit recession. According to factset, 78% of S&P 500 companies...

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Business & Money | Monday 24 October, 2016 2:40 am

Real Estate Viewed as a Safe Haven For Investors & Home Buyers

Recent findings by internet-based market research firm YouGov, reveal that real estate is the most appealing investment category for 53% of respondents who consider Saudi Arabia as one of the most attractive markets for investment in the Middle East. The latest research from the Middle East Real ...

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Business & Money | Thursday 20 October, 2016 1:49 am

Nakheel reports 2016 nine month net profit of AED3.91 billion – up 8.3 per cent on last year

Nakheel today announced a net profit of AED3.91 billion for the first nine months of 2016 – an increase of 8.3 per cent on the profit of AED3.61 billion in the same period last year. The company recorded a net profit of AED955 million for third quarter of 2016 – 22 per cent up on Q3...

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Business & Money | Wednesday 19 October, 2016 3:32 pm

GCC countries investing in long-term improvement of rail and road based transportation

The need to improve transportation links across cities and countries for fast reliable transit of people and goods underpins economic development both within a country and more importantly for the increase in cross border trade. The safe movement of large amounts of people and the convenience of...

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Tourism & Hospitality | Wednesday 19 October, 2016 9:10 am

10 Quick Steps To Book Cheap Flights – HolidayMe.com

Airfares tend to take a major chunk out of our travel budget and yet, airfares remain a key component of every travel plan these days. Getting cheap airfares to our favourite destinations always seems to be a tough task, but with detailed planning and research, one can actually pull out a coup by...

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Tourism & Hospitality | Tuesday 18 October, 2016 3:45 pm

Discover New Food Trends in Dubai

Dubai’s reputation as a melting pot of cultures is being further strengthened by an array of new and exciting eateries that cater to all tastes, satisfying both residents and visitors’ appetite for international cuisines and innovative dishes. And just as you have developed a new taste, ...

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Technology & IT | Tuesday 18 October, 2016 9:52 am

ManageEngine announces Smart Card Support to ADManager Plus at GITEX 2016

ManageEngine, the real-time IT management company, today announced the addition of smart card support in ADManager Plus, its Active Directory management and reporting software solution at the 36th GITEX technology Week being held in Dubai. The company also announced the addition of Active Directory ...

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