Tourism & Hospitality | Sunday 31 January, 2016 9:52 am

Middle Eastern buyers invest €4.79bn in European hotels in last 24 months

Middle Eastern buyers invested €4.79bn (US$5.22bn) in some of the world’s most iconic hotels across key European markets in last 24 months, according to Check In, a European inbound hotel investment report by CBRE, a global real estate consultancy.  The United Kingdom was the key ...

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Technology & IT | Thursday 28 January, 2016 2:36 pm

Zain Saudi Arabia Concludes 2015 with Record Financial Results

Zain Saudi Arabia (Zain KSA) posted record financial results for the year ended 31st December 2015, recording a significant 48% increase in EBITDA to reach SAR 1,629 million, for the 12 months period, up from SAR 1,100 million during the same period of 2014.  For...

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Business & Money | Wednesday 27 January, 2016 4:35 pm

Monster.com report reveals employment growth trends across Saudi Arabia

Saudi Arabia has exhibited steady growth in job demand for the past five years, with an impressive peak in demand during 2015, according to the inaugural Monster.com Middle East Employment & Opportunities report. The growth in job demand in 2015 is significant when viewed against the backdrop...

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Business & Money | Tuesday 26 January, 2016 3:09 pm

WCU: Selling fatigue and Draghi save the day for oil

Crude oil touched a new multi-year low at the beginning the week as it was weighed down by the removal of the Iran sanctions and the "drowning in oil" comment from the IEA. The bounce – when it came courtesy of European Central Bank chief Mario Draghi's continued focus on...

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Healthcare | Tuesday 26 January, 2016 9:41 am

EY predicts six major investment opportunities for GCC health care market by 2025

To coincide with the annual Arab Health Exhibition & Congress this week, six major investment opportunities in the GCC’s health care market in 2016 have been predicted by EY as being areas of high demand and growth in the region. According to the EY ‘Investment Big Bets –...

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Tourism & Hospitality | Sunday 24 January, 2016 1:17 pm

Click a Meal! - Kingdom leading the way in online food ordering

The Internet is revolutionizing many industries bringing customers ever closer to their most loved brands. Finance, Retail, Fashion, and Food are a few examples – the latter certainly being the most eye-catching.  Over a billion dollars have been invested in this industry this year only, ...

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Tourism & Hospitality | Thursday 21 January, 2016 4:22 pm

IHG's 2016 Trends Report Challenges Brands to Create Meaningful Membership in the “The Age of I”

InterContinental Hotels Group (IHG®) has launched its 2016 Trends Report: Meaningful Membership: Transforming Membership in The Age of I, challenging brands to engage with consumers in a way that builds Membership Communities; a powerful asset for brands in today’s dynamic consumer...

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Technology & IT | Thursday 21 January, 2016 4:15 pm

Zain Saudi Arabia Announces Record Third Quarter Results

Zain Saudi Arabia (Zain KSA) today announced significant improvements in its financial results for the third quarter ended 30 September 2015, reporting its highest third quarter revenues since launching mobile services in the Kingdom in August 2008.     ...

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Business & Money | Thursday 21 January, 2016 11:42 am

Record-setting 2015 for cross-border M&A globally and in the Middle East

2015 has established itself as a record-breaking year for cross-border M&A post-financial crisis, according to a Cross-Border M&A Index* by global law firm Baker & McKenzie. With corporate deal-making activity at record highs, those companies are also executing record levels of...

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Cars & Autos | Thursday 21 January, 2016 11:34 am

Group Renault Announces Third Consecutive Year of Sales Growth

In 2015, Group Renault's PC+LCV worldwide registrations saw a further rise of 3.3% for a total of 2.8 million vehicles, in a market that grew by 1.6%. This third consecutive year of growth in registrations allowed the Group to set a new sales record. The Group's worldwide market share now...

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