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Monthly Archives: June 2016

The Human Capital Index: Global Economy is Failing 35% of the...

Rich and poor countries alike are missing huge opportunities when it comes to making the most of their populations’ economic potential, with only 65%...

Amazon Prime Day 2016 is Here

Big Excitement! The day of the biggest online of the year, Amazon Prime Day, has been just announced. The second-annual Prime Day will feature more than 100,000...

A Few Reasons Why Brexit Will Be Reversed

Media spectators hungry for disasters cheered last week when a larger part of Britain's voters opted for Brexit. But they fail to put in...

Emirates flights between Dubai and Istanbul’s Ataturk Airport cancelled

Due to the closure of Istanbul’s Ataturk Airport (IST), Emirates flights between Dubai and Istanbul on 29 June have been cancelled. Passengers will be offered...

Eid Al Fitr holiday announced for private sector workers

The Ministry of Labour has declared that the Eid Al Fitr holiday, as an official paid holiday for all private sector employees in the...

UAE to Host WEF’s Annual Meeting for Shaping the Future 2016

Annual Meeting for Shaping the Future will build on the work of the World Economic Forum’s Global Agenda Councils to prepare governments, businesses and...

Brexit Investor Sentiment

British voters have shocked financial markets on Friday by choosing to have the United Kingdom exit the European Union. So far, the "Brexit" vote is...

Oil rig count drives crude prices, not Brexit

Oil futures settled with a loss of almost 5% on Friday as the U.K. voted to leave the European Union, raising concerns over the...

The Bigger Picture: Dubai International as Viewed from Space

Dubai International (DXB) makes an indelible impression even when viewed from outer space with the addition of Concourse D. Concourse D, which is the last...

It’s time to buy gold

If you have not yet jumped on the wagon, it is about time. The next stop we are looking for is around $1,400 an...

Brexit will allow Middle East investors eyeing London property to benefit

With Britain waking up to a new and uncertain dawn, Cluttons, the leading international real estate consultancy has said that for those invested in...

Impact of the Leave Vote on UK property

One of the first outcomes from the result of the referendum is that the value of the pound will inevitably fall in the near-term,...

Riding out the storm: the economic implications of Brexit

The UK’s decision to leave the EU is the biggest political shock of our lifetime. It has already led to considerable volatility on financial...

Britain votes to leave EU and will face the consequences

Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European...

58% of UAE consumers enjoy the hunt for a good deal

Consumers Use In-Store Conveniences Such as Banking (55%), Fast Food Services (52%) Or Pharmacy (52%) Part of the fun of shopping is the thrill of...

Tough times for UAE retailers; Consumers spend on out-of-home dining

The retail sector in both Dubai and Abu Dhabi saw no noticeable growth during first half of 2016, according to Knight Frank. Demand remained subdued...

The New Kindle: Thinner and lighter, with twice the memory

Amazon today introduced a new Kindle, making its most affordable reader thinner, lighter, and with twice the memory as the previous generation for the...

Dubai, Abu Dhabi amongst The Most Expensive Cities Worldwide

Dubai and Abu Dhabi have been ranked the most expensive cities to live in across the Middle East, according to Mercer’s 2016 Cost of...