ArabianBusiness.com - Middle East Business News Monday, 07 July 2008 | 01:47 UAE time

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City : Dubai
Country : United Arab Emirates


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Consumer confidence drops across Gulf

Confidence hit by global slowdown, record oil prices and soaring inflation, Mastercard says.

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UAE consumer confidence takes hit

Optimism over income, employment and stock markets for first half of 2008 dips, MasterCard study shows.

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Dubai is world's 37th top business hub

The emirate is the leading centre of commerce in the Mideast, says MasterCard survey.

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Crazy concepts

A love for originality coupled with a drive to conquer new markets, makes Alfred Johnson a formidable prospect.

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Oman launches e-payment gateway

Robust, secure solution allows electronic transactions.

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Regional consumers spend more

Travelling, shopping and spending were the three main consumer trends in the Middle East last year.

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Have to shop, will travel

Forget frugality: 84% of UAE residents say they'll spend more on travel and shopping this year.

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Out of credit

Regional enterprises may be struggling with application security, but financial organisations around the world are also falling behind on delivering robust network protection systems. Colin Edwards goes after the issues.

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Regional high for consumer optimism may spur spending

Survey by MasterCard finds most Arab consumers positive about immediate economic prospects

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Spend! Spend! Spend!

A recent survey of consumers within the GCC region shows that confidence is almost at an all-time high.

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On top of the world

Alexandra Dubsky on why the Middle East rides high in the worldwide consumer confidence league - despite its political instability.

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Banks warned: move to smartcard technology soon

Visa and Mastercard have given the Middle East's banks an ultimatum: migrate to smartcard technology by December 2003 or cover your own fraud losses if you don't.

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