Financial burdens from new regulation and digitalization are widely considered to be the biggest threats to banking business models. According to a new Oliver Wyman report, Delivering Excellence in Corporate Banking, the corporate banking segment currently faces a lower level of...
Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) through its subsidiary Camac Energy Gambia Limited, has commenced the shooting of a 3D seismic survey off the coast of The Gambia. Polarcus Ltd. has been contracted by the Company to carry out the survey ...
Telecommunication companies in the Kingdom must have lost about SR250 million during Eid festivities this year due to a huge increase in the use of WhatsApp texting messages to convey Eid greetings, a noted economist has said.
In the not so distant past, Eid greetings were being sent by using...
KPMG’s third annual ‘Top of Mind’ consumer survey, in conjunction with the Consumer Goods Forum (CGF), has found that growth and top-line expansion, consumer trust and a sound omni-channel strategy are the top priorities for consumer company executives - both globally and in the...
Bangkok was recently named as one of the top ten cities in the world for visitors by influential travel publication Travel + Leisure. Bangkok took the sixth spot overall and third in Asia in a list that included some of the world’s most culturally rich destinations chosen by readers of the...
The Gulf Organization for Industrial Consulting (GOIC) announced that the number of factories operating in the GCC food industries sector increased from 1606 in 2010 to 1965 in 2014, a compound annual growth rate (CAGR) of 5.2%. During the same period, investments jumped from 13688 million USD to...
Global luxury brands should take advantage of evolving technological and consumer demands to help boost profits and remain competitive, according to the 2nd annual Global Powers of Luxury Goods report issued by Deloitte.
The report provides an outlook on the global economy; an analysis ...
As the region continues to diversify its economy, the Middle East’s business landscape is quickly adopting latest technologies to capture competitive advantages arising from leveraging the Internet of Things, big data & predictive analytics and further leveraging mobile technology ...
The MENA M&A market markedly regressed during 2Q2015, well behind its prolonged 3-year revived activity. The overall 12-month activity now falls short from a sustained and marked rebound mainly due to the regional political turmoil which is cited amongst the major factors weighing on investor...
Chestertons, an international property agency established in 1805, stated that determining property valuations should be more vigorous. Chestertons is currently supporting 43 leading banks across the region for property appraisals. Property valuation is a fair measurement tool that is used to...