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Global Economy Outlook “Cautiously Optimistic”, Financial Leaders Say

Despite the recovery, risks are present and 2014 may be a year of volatility The agenda for 2014 is to complete financial reform The outlook for...

UAE Goes Green To Celebrate National Day of Ireland

Today as millions around the world celebrate the National Day of Ireland, the UAE is going ‘green’ to mark Ireland’s big day with grandeur....

Hot Spots 2025: Dubai Moves Up to 23rd Place

A new Economist Intelligence Unit research report, "Hot Spots 2025: Benchmarking the Future Competitiveness of Cities," commissioned by Citi, projects that São Paulo,...

GCC GDP on Growth Path despite Oil Price Decline

Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...

One-tenth of World’s Population Controls 87% Global Wealth

The global wealth inequality is still on the rise. This was one of the conclusions of Credit Suisse’s 2014 Global Wealth report. According to...

Rumors: Apple to launch iPad mini

A flurry of rumours have hit the web, hinting at the launch of a new miniature version of Apple’s latest slate, the iPad 3. According...

Saudi Arabia Triples VAT to Counter Economic Impact of Coronavirus

Saudi Arabia will increase its value-added tax, VAT, from 5 to 15 percent in July, the Finance Ministry said on Monday, as part of...

MENA Unemployment Rate Among Highest Worldwide

The most recent P2P (Payroll to Population) report by Gallup confirmed that MENA unemployment rate is among the highest in 2012.

Microsoft to buy LinkedIn for $26.2B

Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire...

Nouriel Roubini: Limited Risk of Global Recession and Financial Crisis

Global recession and financial crisis unlikely following Brexit fallout, but mediocre growth is the new normal Rise of nationalism and populism worldwide threatens...

World’s Most Expensive and Cheapest Cities in 2013

The Economist Intelligence Unit (EIU) released its annual Cost of Living report for 2013. The study ranked both the most expensive and cheapest cities...

Global Education in a Crisis

A new report released by the cultural agency of the UN, revealed the concerning state of the global education today. According to it, about...

Better Outlook for Global Economy; Some Risks Remain

International Monetary Fund (IMF) Managing Director, Christine Lagarde said the outlook for global economy is already starting to improve, with an essential part of...

Opportunity for financial service providers: Reverse Mortgage

A popular and commonly used financial facility in the United States and Europe, with unexplored yet potential in the Middle East, is the Reverse...

2016 Global trade forecast revised downward

The World Trade Organization on Thursday, April 7, revised its 2016 global trade forecast downward by more than one percentage point, warning that a...

Food prices to double: Size the opportunities!

Food prices are predicted and will be very much likely double in the next 20 years. Moreover, demand for food in 2050 will be...

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...

“Middle East Point of View”: Social progress challenges in MENA countries

The use of technology in the public sector, the increasing appetite for alternative investments, achieving capital efficiencies and cost savings in the workplace and...