UAE’s Richest Individuals Advance on Global Billionaires List

1 - Top 100 influential Arabs 2012

The latest annual list of the world’s wealthiest people was released by the American business magazine Forbes. In 2015 the ranking includes a record number of 1826 billionaires. Their aggregate net worth is estimated at $7.05 trillion, which is $55 million more compared to 2014. For the 16 time in the history of the billionaires […]

74% of GCC Wealth Resides in UAE and KSA

A research by Oxfam, published not long ago, stated that the global wealth distribution was unequal to a “staggering” extreme. The Gulf region is not an exception of this rule a new report has found that two countries own 74% of the GCC wealth. Wealth distribution between the different GCC countries is also not equal. […]

The Oscar Curse: Is It a Myth or Reality?

There’s a strange Hollywood belief that winning a prestigious award such as an Oscar can actually destroy an actor’s career. Also known as the “Oscar curse”, it goes back to the 1930s, but until now, there has been no single evidence to support or debunk the popular belief. However, scientists now claim it is a […]