Business News & Insight (Category)

Starwood Hotels & Resorts Worldwide, Inc. has announced an agreement with Sulaiman Abdulaziz Al Rajhi Real Estate Investments Company LLC, to launch Four Points by Sheraton Makkah Al Naseem.

The UAE has stated that it is a global responsibility to protect the history and heritage of the Middle East, taking into account the valuable contributions of the region to the progress of humanity.

Boeing forecasts airlines in the Middle East will require 3,180 new airplanes over the next 20 years, valued at an estimated $730bn. 70% of the demand is expected to be driven by rapid fleet expansion in the region.

Nearly three quarters (72%) of affluent middle class consumers in the United Arab Emirates do not see the value in bank reward programmes.

Sharp decline in oil prices reveals the importance of economic diversification

The ILO brings together employer and union representatives from the MENA region to explore successful collective bargaining and bipartite social dialogue structures and practices in selected sectors.

The MENA region is already a premier function and event destination globally, with its close proximity to the East and West, and status as a global aviation hub making it an attractive choice.

According to Global Economic Conditions Survey (GECS) jointly conducted by ACCA and IMA finance professionals, 'Business Confidence' plunges in the Middle East for the second quarter of 2015.

Well known Western brands are perennially popular in the region and the ability to introduce new brands to UAE consumers through franchising is generally perceived as a good businesses opportunity.