10 Happiest and Unhappiest Developing Countries in the World
Define happiness! Now that is one hard task. Happiness has many faces, manifestations and its meaning varies with every person.
Nevertheless, a new study...
2013 CFDA Fashion Awards Recognise Outstanding Designers
The Council of Fashion Designers of America (CFDA) honored the best of the best in fashion world last night at the 2013 CFDA Fashion...
Where Most World’s Millionaire Live
Gulf countries have one of the highest percentages of millionaire households, a new study finds.
Millionaires do not live only in Hollywood. They reside all...
Middle East Respiratory Syndrome – Coronavirus Cases Confirmed in Italy
In a statement from June 2, 2013, the World Health Organization announced three new cases of the Middle East Respiratory Syndrome – Coronavirus (MERS-CoV)...
UAE 6th among Wealthiest Countries Worldwide in 2013
The United Arab Emirates found a place among the world’s richest counties in 2013. The UAE is ranked side by side to Switzerland, Norway,...
GCC Real Estate in Q1 of 2013
· Markets continued to maintain uptrend in 1Q13
· UAE and Saudi markets continue to lead while Kuwaiti market catches up
· Government support & improved...
UAE Ranked 8th Most Competitive Nation Worldwide
UAE is number one (1st) globally in Government Efficiency and achieved the largest jump in the global competitiveness ranking in this year's...
IMF’ MENA Regional Economic Outlook Defines the Road Ahead
The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...
Consumer confidence declined among Middle Easterners
Consumer confidence declined in four of six Middle East and Africa markets in Q1 2013, reflecting negative sentiments about personal finances and job prospects,...
Respiratory Viruses Threaten to Cause Global Outbreaks
Viral pandemics occur with surprising regularity throughout world history and today we are battling with not one, but two respiratory viruses which threaten to...
Cannes Film Festival Kicks Off with an Array of Promising Film...
Prestigious Cannes Film Festival is officially on. Yesterday movie stars hit the red carpet in Cannes, France for the 66th time and joined the...
Gold, silver retreat in favor of global equities
June gold futures closed down $28.30, or 2%, to settle at $1,396.20 an ounce on the Comex division of the New York Mercantile Exchange....
Top Schools for Executive Education for 2013
The Financial Times published its list of the top schools with open programs for executive education in the world. For those of you...
World’s billionaires prefer Asia and many of them UAE
Cities with the Most Millionaires and Billionaires Revealed; Dubai in Top 20
Big cities in Asia now boast with more residing millionaires and billionaires and...
Emerging Markets Economic Growth Slowed in April
Economic growth in the emerging markets slowed in April to its lowest level since September 2011, according to the latest HSBC Emerging Markets Index...
2nd among “The Hottest Real Estate Markets on Earth,” or so...
Not long ago, Forbes published a ranking called “The Hottest Real Estate Markets on Earth.” Dubai also shines on the prestigious list. Moreover,...
GCC GDP expected at 5.5%; Inflation in control
· GDP growth in GCC expected at 5.5% and 3.7% in 2012 & 2013 respectively
· Public debt to GDP ratio to decline to 11.4%...
May 1 is celebrated worldwide as International Workers Day
Today the world marks the International Workers’ Day. Even though this is not an official public holiday in the UAE, many other countries...