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Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

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Archives for Staff Writer > Page 611

Author Archives: Staff Writer

Middle East execs 'hide in their offices', forget about people

Middle East execs ‘hide in their offices’, forget about people

by Staff WriterMon 28 Oct 2019Sun 14 Nov 2021

Companies can’t expect employees to be productive if they do not communicate with them, says Dawn Metcalfe

HSBC boss says bank underperforming in Europe, US as profits slip

HSBC boss says bank underperforming in Europe, US as profits slip

by AFPMon 28 Oct 2019Sun 14 Nov 2021

Asia-focused behemoth is trying to lower costs as it faces the double uncertainties caused by the US-China trade war and Brexit

Is Kuwait set to fall in line on Fed interest rates?

Is Kuwait set to fall in line on Fed interest rates?

by BloombergMon 28 Oct 2019Sun 14 Nov 2021

As the Fed is widely expected to deliver another cut, Kuwait is likely to pull the trigger too, even as inflation accelerates

Middle East's largest female empowerment platform opens in Dubai

Middle East’s largest female empowerment platform opens in Dubai

by Sam BridgeMon 28 Oct 2019Sun 14 Nov 2021

Women in Leadership Economic Forum being held in Dubai as the UAE seeks to close gender gap

Low oil prices could benefit UAE economy, say experts

Low oil prices could benefit UAE economy, say experts

by Gavin GibbonMon 28 Oct 2019Sun 14 Nov 2021

Lack of government subsidies will force companies to ‘stand on their own two feet’

Dubai's JLT to become first 5G-powered smart district in region

Dubai’s JLT to become first 5G-powered smart district in region

by Gavin GibbonMon 28 Oct 2019Sun 14 Nov 2021

DMCC and Etisalat Digital have signed a deal to smart solutions rolled out across the community

Staff need more praise to raise customer service standards - industry expert

Staff need more praise to raise customer service standards – industry expert

by Shane McGinleyMon 28 Oct 2019Sun 14 Nov 2021

Faten Abu-Ghazaleh, president of Service Hero, said leaders need to engage with their teams

Lebanon protesters block roads to keep revolt alive

Lebanon protesters block roads to keep revolt alive

by AFPMon 28 Oct 2019Sun 14 Nov 2021

Defying pleas from Lebanon’s top leaders, protesters cut off some of the main thoroughfares in the country

Abu Dhabi wealth fund to invest in operator of Mumbai Int'l

Abu Dhabi wealth fund to invest in operator of Mumbai Int’l

by James MathewMon 28 Oct 2019Sun 14 Nov 2021

Abu Dhabi Investment Authority, along with Canada’s PSP Investments and India’s NIIF, to invest over $1bn in GVK group

Emirates NBD hires new CFO as nine-month profits soar

Emirates NBD hires new CFO as nine-month profits soar

by Sam BridgeMon 28 Oct 2019Sun 14 Nov 2021

Dubai’s biggest bank appoints Patrick Sullivan as group chief financial officer, replacing Surya Subramanian

Middle East missing opportunities for global brand diplomacy, says Badr Jafar

Middle East missing opportunities for global brand diplomacy, says Badr Jafar

by Bernd Debusmann JrMon 28 Oct 2019Sun 14 Nov 2021

Speaking at the Arabian Business Forum in Dubai, Crescent Enterprises CEO Badr Jafar said that success can no longer be measured solely in terms of profitability

Choosing the right agency for your Citizenship-by-Investment application is more crucial than ever before

Choosing the right agency for your Citizenship-by-Investment application is more crucial than ever before

by ITPMon 28 Oct 2019Sun 14 Nov 2021

As the industry matures, governments continue to refine their due diligence processes and tighten regulations in order to protect the integrity of their CBI & RBI programs

UAE billionaire mulls IPO of pharmaceuticals business

UAE billionaire mulls IPO of pharmaceuticals business

by BloombergMon 28 Oct 2019Sun 14 Nov 2021

Bavaguthu Raghuram Shetty says work on potential share sale is at an initial stage

Unemployment, economic slowdown fuel Arab protests, says IMF

Unemployment, economic slowdown fuel Arab protests, says IMF

by AFPMon 28 Oct 2019Sun 14 Nov 2021

International Monetary Fund previously slashed outlook for the region’s three largest economies — Saudi Arabia, Iran and the UAE

UAE reach play-offs in T20 World Cup qualifying tournament

UAE reach play-offs in T20 World Cup qualifying tournament

by Sam BridgeMon 28 Oct 2019Sun 14 Nov 2021

UAE’s cricket team to face Oman, Hong Kong, Netherlands, Namibia and Scotland in bid to qualify for next year’s World Cup finals in Australia

Omanis elect new consultative council

Omanis elect new consultative council

by AFPMon 28 Oct 2019Sun 14 Nov 2021

The vote comes at a time of uncertainty over a successor to Sultan Qaboos

Dubai developer calls for property supply freeze

Dubai developer calls for property supply freeze

by Gavin GibbonMon 28 Oct 2019Sun 14 Nov 2021

Damac chairman Hussain Sajwani fears consequences as oversupply issues continue

SUCCESS 2020: Full agenda and list of speakers for today's Arabian Business forum

SUCCESS 2020: Full agenda and list of speakers for today’s Arabian Business forum

by Staff writerMon 28 Oct 2019Sun 14 Nov 2021

The Arabian Business forum will take place at the Waldorf Astoria Palm Jumeirah hotel

Boris Johnson pushes for election as EU prepares Brexit delay

Boris Johnson pushes for election as EU prepares Brexit delay

by AFPMon 28 Oct 2019Sun 14 Nov 2021

Johnson was forced to abandon his promise to leave the European Union on October 31

Modi

Pakistan denies use of airspace to Indian prime minister

by AFPMon 28 Oct 2019Sun 14 Nov 2021

The decision came with tensions simmering between the two nuclear-armed arch rivals over the disputed Himalayan region

ECB chief Mario Draghi hands baton to former IMF head Christine Lagarde

ECB chief Mario Draghi hands baton to former IMF head Christine Lagarde

by AFPMon 28 Oct 2019Sun 14 Nov 2021

Before Draghi has even left the bank’s Frankfurt headquarters, attention is switching to Lagarde, a French former economy minister about to become the ECB’s first female president

Up to 90% off selected goods during 3-day sale in Dubai

Up to 90% off selected goods during 3-day sale in Dubai

by Gavin GibbonMon 28 Oct 2019Sun 14 Nov 2021

More than 500 brands are taking part in the sale over 2,000-plus outlets

New Dubai think tank launched to tackle cyber threats

New Dubai think tank launched to tackle cyber threats

by Gavin GibbonMon 28 Oct 2019Sun 14 Nov 2021

Dubai Electronic Security Centre to have regular meetings and monthly workshops

UAE, Brazil ink deals in first visit for Bolsonaro

UAE, Brazil ink deals in first visit for Bolsonaro

by AFPMon 28 Oct 2019Sun 14 Nov 2021

UAE, Brazil signed a number of agreements, including on customs cooperation, exchange of classified information, defence and trade

Trump confirms death of ISIS chief al-Baghdadi in US raid

Trump confirms death of ISIS chief al-Baghdadi in US raid

by AFPSun 27 Oct 2019Sun 14 Nov 2021

No US personnel were lost in the operation, while a large number of al-Baghdadi’s fighters or companions were killed with him

Saudi Arabia's BinDawood picks JPMorgan, Goldman for IPO

Saudi Arabia’s BinDawood picks JPMorgan, Goldman for IPO

by BloombergSun 27 Oct 2019Sun 14 Nov 2021

BinDawood Group’s IPO could value the business at more than $1.8 billion

Expo 2020 Dubai to be 100% green

Expo 2020 Dubai to be 100% green

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Energy used for world showcase six-month event to come entirely from renewable sources

Abu Dhabi Commercial Bank to focus on home markets

Abu Dhabi Commercial Bank to focus on home markets

by BloombergSun 27 Oct 2019Sun 14 Nov 2021

Abu Dhabi Commercial Bank combined with local rivals Union National Bank and Al Hilal Bank in May to create the Gulf region’s fifth-biggest lender

Saudi takes command of coalition troops in Yemen's Aden

Saudi takes command of coalition troops in Yemen’s Aden

by AFPSun 27 Oct 2019Sun 14 Nov 2021

The move comes after the United Arab Emirates handed key positions to Saudi forces earlier this month

Plant-based foods on the rise across the Middle East, says Prince Khaled

Plant-based foods on the rise across the Middle East, says Prince Khaled

by Bernd Debusmann JrSun 27 Oct 2019Sun 14 Nov 2021

Start-ups working focused on plant-based food are increasingly being seen as potentially profitable, according to KBW Ventures founder and CEO Prince Khaled bin Alwaleed

Abu Dhabi's AED 12bn waterfront destination Yas Bay completes major milestones

Abu Dhabi’s AED 12bn waterfront destination Yas Bay completes major milestones

by ITPSun 27 Oct 2019Sun 14 Nov 2021

Yas Bay will encompass the 18,000 seat Yas Bay Arena, Residences at Yas Bay, a boardwalk and pier with 37 cafes and restaurants, 19 retail outlets, beach club, and two hotels

Warning issued over Tropical Cyclone Kyarr

Warning issued over Tropical Cyclone Kyarr

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Category 4 cyclone gaining strength in Arabian Sea

Lebanon protesters form nationwide human chain

Lebanon protesters form nationwide human chain

by AFPSun 27 Oct 2019Sun 14 Nov 2021

Demonstrators joined hands from Tripoli to Tyre, a 170-kilometre chain running through the main protest hub in Beirut, as part of an unprecedented cross-sectarian mobilisation.

Kuwait's Jazeera Airways takes off on inaugural London flight

Kuwait’s Jazeera Airways takes off on inaugural London flight

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Route marks first new service to the UK from Kuwait in 55 years

Closing the gender pay gap

Closing the gender pay gap

by ITPSun 27 Oct 2019Sun 14 Nov 2021

When looking at financial institutions specifically, much can be done in terms of the gender pay gap, says Pavneet Bajwa, head of Human Resources, Standard Chartered Bank UAE

SkyWay project in Sharjah launches experimental phase

SkyWay project in Sharjah launches experimental phase

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Unicars can carry passengers up to 200km at maximum speed of 150km/h

Price of gold to hit AED185 per gram during Diwali

Price of gold to hit AED185 per gram during Diwali

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Century Financial made prediction amid increased interest in precious metals

HSBC to embark on job cuts across Middle East, North Africa

HSBC to embark on job cuts across Middle East, North Africa

by BloombergSun 27 Oct 2019Sun 14 Nov 2021

HSBC employs 4% of its total workforce in the region – about 9,600 full-time staff

retail

Middle East data breaches cost $6m each, says new report

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Technology giant Lenovo currently offers a recycling option for old equipment, with data protection at the very heart of the operation

Airbus unlikely to meet demand for potential Boeing 737 Max replacements, says Emirates' Tim Clark

Airbus unlikely to meet demand for potential Boeing 737 Max replacements, says Emirates’ Tim Clark

by Bernd Debusmann JrSun 27 Oct 2019Sun 14 Nov 2021

Emirates president Tim Clark said that the grounding of the Boeing 737 Max is ‘compromising’ Flydubai’s growth

Mubadala-backed Virgin Galactic to begin trading on Monday

Mubadala-backed Virgin Galactic to begin trading on Monday

by Bernd Debusmann JrSun 27 Oct 2019Sun 14 Nov 2021

UBS estimates that the space industry could triple in size from $340 billion to $926 billion by 2040

India central bank denies reports of selling gold from reserves

India central bank denies reports of selling gold from reserves

by BloombergSun 27 Oct 2019Sun 14 Nov 2021

The Economic Times had reported on Friday that the Reserve Bank of India started trading in gold actively since July

Saudi Arabia Sabic 2023

Saudi chemical giant Sabic slumps to lowest quarterly net in a decade

by BloombergSun 27 Oct 2019Sun 14 Nov 2021

State oil giant Saudi Aramco is buying Sabic to become one of the world’s biggest refiners and chemical producers

Tamdeen Group reveals plans to build $820m mall, leisure destination in Kuwait

Tamdeen Group reveals plans to build $820m mall, leisure destination in Kuwait

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Al Khiran Hybrid Outlet Mall will offer over 300 stores in heart of Sabah Al Ahmad Sea City

Eminem concert organisers blame fans without tickets for delays

Eminem concert organisers blame fans without tickets for delays

by Staff WriterSun 27 Oct 2019Sun 14 Nov 2021

In similar scenes to The Weeknd concert in Dubai last year, fans attempted to storm through gates while other ticket holders were fenced off, missing the performance

Brazilian president arrives in UAE for three-day visit

Brazilian president arrives in UAE for three-day visit

by Bernd Debusmann JrSun 27 Oct 2019Sun 14 Nov 2021

Bilateral trade between the UAE and Brazil stood at $2.6bn in 2018

Charles Aznavour musical celebration 'Formidable! Aznavour' coming to Dubai Opera

Charles Aznavour musical celebration ‘Formidable! Aznavour’ coming to Dubai Opera

by Staff writerSun 27 Oct 2019Sun 14 Nov 2021

Formidable! Aznavour’ immortalises the tenor’s career in a multimedia production of images, video and original staging

Teenager falls to death while taking selfie in Dubai

Teenager falls to death while taking selfie in Dubai

by Staff writerSun 27 Oct 2019Sun 14 Nov 2021

The 16-year old was on the balcony of her parent’s flat on Sheikh Zayed Road when the incident took place

Prophet's birthday to land on November 9, says top UAE astronomer

Prophet’s birthday to land on November 9, says top UAE astronomer

by Staff writerSun 27 Oct 2019Sun 14 Nov 2021

UAE workers may get a long weekend

Health chiefs close Dubai hospital after public safety risk

Health chiefs close Dubai hospital after public safety risk

by Gavin GibbonSun 27 Oct 2019Sun 14 Nov 2021

Unnamed hospital to shut for three months after repeated violations that posed risks to public safety

HP Elite Dragonfly makes light work of juggling meetings

HP Elite Dragonfly makes light work of juggling meetings

by ITPSun 27 Oct 2019Sun 14 Nov 2021

The HP Elite Dragonfly is HP’s lightest convertible laptop, tipping the scales at less than 1-kilogramme

Newbs and Leets: TechXhub and the rise of the Middle East gaming industry

Newbs and Leets: TechXhub and the rise of the Middle East gaming industry

by ITPSun 27 Oct 2019Sun 14 Nov 2021

Regional VP for the leading peripherals and accessories distributor explains how a channel ecosystem approach has delivered a wealth of choice for the world’s fastest growing video-game market

ISIS head Baghdadi believed dead after US strike in Syria

ISIS head Baghdadi believed dead after US strike in Syria

by AFPSun 27 Oct 2019Sun 14 Nov 2021

Abu Bakr al-Baghdadi was the target of the secretly planned operation approved by President Donald Trump, officials said

Lebanon unites on the desire for change

Lebanon unites on the desire for change

by Staff WriterSun 27 Oct 2019Sun 14 Nov 2021

As the crowds taking to the streets swell in numbers, the Lebanese people – regardless of their sect – finally appear to be united on one issue: their desire for change

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