5th Annual Statistical Report on Gulf Common Market Released
UAE maintains its leading position in the GCC
The UAE has continued to achieve outstanding results in implementing Gulf Common Market (GCM) decisions, according to...
Sustained economic growth in the UAE and Saudi Arabia
The latest Crédit Agricole Private Banking research report, ‘Macro Comment – Eastern Promises: MENA Update’, noted that there is sustained economic growth in the...
World’s Billionaire Population Larger than Ever
The number of billionaires has reached 2,325 globally, according to the 2014 Billionaire Census of Wealth-X and UBS. That is the largest billionaire population...
Most Expensive Places to Live and Work Revealed
London has become the world’s most expensive city for companies to locate employees, overtaking Hong Kong, which had previously topped the ranking for an...
The World Still Pessimistic about Economic Growth
Almost six years after the global recession, economies are on a slow path to recovery, but public opinions show dissatisfaction. A new survey found...
Countries with Best Reputation in 2014
The Reputation Institute has announced its annual Country RepTrak ranking that measures the reputations of countries all over the world. This year, the list...
UAE Up Seven Places On Global Competitiveness Report 2014-2015
Global Growth at Risk from Slow Reform Progress
The Global Competitiveness Report 2014-2015 finds insufficient progress in adopting and implementing structural reforms necessary for long-term...
“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...
Ecological Debt Day – Why borrow from next generations
Starting August 19, the population of our planet will live in ecological deficit, said the nonprofit organization Global Footprint. According to it, we have...
Sixth Mass Extinction Draws Closer
We are often imagining the end of the world, recreating our fears of the apocalypse in books and movies, but the reality comes knocking...
Aviation Industry and Governments Address Safety Over Conflict Zones
TThe International Air Transport Association (IATA) joined with the International Civil Aviation Organization (ICAO), Airports Council International (ACI) and the Civil Air Navigation Services...
World Records Hottest June in History
2013 was one of the hottest years observed worldwide and scientists say there is an ongoing trend of rising global temperatures. Last month was...
Are we heading for another economic crisis?
In recent months, concern has intensified among the world’s financial experts and news media that overheated asset markets – real estate, equities and long-term...
World Population Day 2014: Top 10 Mega Cities
Today we mark the World Population Day – the annual event that aims to raise awareness of global population issues and teach us of...
2014 Cost of Living Rankings
African, European, and Asian cities most expensive for expatriates due to currency fluctuations and the impact of inflation on goods and services, finds Mercer...
MENA Geopolitical Risks Increase
There is a concern that the Iraq turmoil has caused a significant increase in geopolitical risks in MENA. The turmoil could also deepen the...
Time to step out of the shadow of the Great Financial...
A new policy compass is needed to help the global economy step out of the shadow of the Great Financial Crisis, writes the Bank...
Global Consumer Confidence Rises, UAE Leads in MENA
Global consumer confidence is back to levels registered before the recession. This fact was revealed by Nielsen in the Q1 2014 Consumer Confidence report....