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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...

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...

UAE delegation participates in the spring meeting of IMF and the...

The UAE’s delegation, headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, took part in the Spring Meeting of the...

Most Expensive Cities Today

A new ranking, which was released with the arrival of the 2014, revealed the most expensive cities today, where cost of living is the...

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...

Global Consumer Confidence Improves; UAE among Most Optimistic

Global consumer confidence is slowly rising with more optimism about economy and job prospects, according to the latest consumer confidence index. Confidence in UAE...

Fans around world take to their mats for first International Yoga...

Millions of yoga enthusiasts stretch and twist in unison across the world this Sunday to mark the first International Yoga Day. Thousands of people dressed...

Saudi Economic Transformation ‘Unstoppable’ Says BofA

Saudi Arabia’s economic transformation will be “unstoppable” and there has already been a positive shift in the Kingdom’s business culture, according to a top...

100th MERS Case Confirmed in Saudi Arabia

As the Kingdom of Saudi Arabia expects more than 3 million pilgrims for the annual Hajj this October, the Ministry of Health is doubling...

UAE Ranked 36th in 2014 Global Innovation Index

For the fourth year in a row, Switzerland has been selected the most innovative country in the world, according to the latest edition of...

European Cities Dominate 2014 Quality of Living Rankings

Vienna takes the top spot, Baghdad ranks lowest Vienna is the city with the world’s best quality of living, according to the Mercer 2014 Quality...

IMF – GCC Economies Top Performers, But Reforms are Necessary

According to the Managing Director of the International Monetary Fund (IMF), Christine Lagarde, GCC countries are among the top performing economies in the world...

The Top 100 CEOs heading global corporate powerhouses in MENA

UAE revealed as the preferred location for regional HQs of global organizations The banking sector dominates the Top 100 Under the theme “Global Meets Local,” Forbes...

Youth unemployment increased worldwide

According to the U.N.'s labor office, youth unemployment is likely to grow globally to 12.9 percent by 2017. This is caused by the fact...

Most Innovative Countries in 2013 Revealed

Global Innovation Index 2013 - US Rejoins Five Most-Innovative Nations as Switzerland Keeps Top Spot, Local Dynamics Key to Overcoming Global Innovation Divide The United...

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...

Fashion Weeks 2013 Calendar

Fashionistas, mark your calendars and book your flights and hotels in advance! Here is the information about the most significant fashion events in 2013: London...

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...