Business & Money | Sunday 22 November, 2015 1:22 pm

Deloitte report outlines key strategic risks facing businesses over the next three years

Global business executives jointly rank pace of innovation (30 percent) and increased regulation (30 percent) as the key strategic risks forecast to impact their business strategy over the next three years, according to the Risk Sensing: The (evolving) State of the Art report released today by...

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Technology & IT | Sunday 22 November, 2015 9:37 am

Gartner Says Emerging Markets Drove Worldwide Smartphone Sales to 15.5 Percent Growth in Third Quarter of 2015

Continued demand for affordable smartphones in emerging markets drove worldwide sales of smartphones in the third quarter of 2015, according to Gartner, Inc. Global sales of smartphones to end users totaled 353 million units, a 15.5 percent growth over the same period in 2014 (see Table...

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Business & Money | Thursday 19 November, 2015 2:58 pm

Workers Accommodation Projects Eliminate Bitter Reality of Randomly Built Complexes and Derelict Worker Neighborhoods

Thanks to its rapid economic growth, Saudi Arabia has become home to more than nine million migrant workers, who came from different countries around the world to work in the Kingdom. But in the absence of enforced laws governing workers’ accommodation, this segment lacks a proper housing...

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Business & Money | Thursday 19 November, 2015 4:02 am

Training worth over US$250k offered free to construction professionals

The dollar value of the free CPD-certified education programme at Middle East Concrete 2015 and PMV Live 2015 could be as much as US$250,000 to the GCC construction industry, according to the man behind the two popular events. Nathan Waugh, Event Director for Middle East...

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Business & Money | Wednesday 18 November, 2015 3:07 pm

Islamic banks positioned well to capture market share in ‘new normal’ of low oil prices

The convener of the 22-year World Islamic Banking Conference (WIBC) - Middle East Global Advisors - is set to reveal cutting-edge insights on the outlook of the global Islamic financial industry in its inaugural “Finance Forward Islamic Finance Outlook Report 2016” this...

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Business & Money | Wednesday 18 November, 2015 2:42 pm

Cross-border MENA M&A activity up by 40%: EY

Announced deal activity in the MENA region decreased by 13% from 104 deals in Q3 2014 to 91 deals in Q2015 according to EY’s Q3 MENA M&A Update. Deal value also declined from US$8.5b in Q3 2014 to US$5.4b in Q3 2015, a drop of 37%.    Phil Gandier, MENA...

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Business & Money | Wednesday 18 November, 2015 12:06 pm

UAE companies paying the cost of a bad reputation

- New LinkedIn study reveals potential annual cost of AED2,280,800 to UAE employers with poor employer brands - One in ten UAE professionals would take a pay-cut to work for a company with a better reputation LinkedIn (NYSE:LNKD), the world’s largest professional network, today...

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Business & Money | Sunday 15 November, 2015 12:41 pm

Bayt.com crosses pivotal 10,000-jobs-a-day milestone on career portal’s 15th anniversary

Bayt.com, the Middle East’s number one job site, is celebrating 15 years of delivering effective, end-to-end employment solutions to job seekers and HR professionals throughout the region. Since its inception, Bayt.com has grown at an incredibly rapid pace – from a simple online job...

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Technology & IT | Sunday 15 November, 2015 12:10 pm

Bricks and Mortar Retail in Saudi Arabia will Survive Only with Digital Customer Experience Revolution

In-store retailing has been under rising pressure from increased costs of doing business, as well as the growth of online shopping. Yet, bricks-and-mortar sales still accounts for the majority of retail spend. As per a recent report, Saudi Arabia is the second largest B2C E-Commerce market in the...

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Business & Money | Thursday 12 November, 2015 1:43 pm

“Enterprises in KSA Have 5 Compelling Reasons to Leverage Cloud ERP Solutions,” says Expert from Infor

The cloud has evolved from an emerging technology that enterprises can leverage to gain a competitive advantage, to a critical business enabler that enterprises need to leverage if they want to stay competitive. Now admittedly there are still some concerns in the region around cloud that have...

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