Piracy on the world’s seas has risen to record levels, with Somali pirates behind 56% of the 352 attacks reported this year, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) revealed  in its latest global piracy report. Meanwhile, more Somali hijack attempts are being thwarted by strengthened... Read more
The markets of China, Russia, India, the Middle East, and Africa are forecast to be among the growth leaders in airport infrastructure development spending over the next few years. To understand and succeed in these markets, businesses and investors need reliable local knowledge and insight. On 11th and  12th December... Read more
The latest results from the recent Consumer Confidence Index survey carried out by Bayt.com and research and consulting organisation, YouGov, shows that UAE residents still have a positive outlook of the country’s economy, as well as their financial future despite moving down the consumer confidence index by 1.3 points.... Read more
Colliers International released its 2011 Global Investor Sentiment Survey, which takes the pulse of property investors worldwide, measuring their appetite for risk, optimism, key concerns and sense of market cycles. In the Middle East, 70% of investors surveyed reported they were more than likely to look to increase their... Read more
The Speciality Food Festival, the Middle East’s only dedicated gourmet and fine food show, is set for record success this year, adding 12 new countries to the exhibitor list and increasing in size by 300% on the 2010 inaugural event. Taking place in Dubai, the region’s gastronomic capital, the... Read more
Executives of Dubai’s retail sector met at Dubai Chamber of Commerce and Industry to discuss key opportunities and challenges facing the sector as part of a roundtable discussion to help drive growth. Dubai Chamber, in cooperation with the recently launched Retail Business Group, organised a CEO roundtable discussion on... Read more
Microsoft honored its strongest performing Microsoft Dynamics partners in the region for their commitment to outstanding customer service and sales growth at the Microsoft Gulf Partner Conference in Dubai. During the regional recognition ceremony, a select group of Microsoft Dynamics partners were awarded worldwide for Inner Circle and President’s... Read more
The Kingdom of Saudi Arabia (KSA) printing market is currently worth around SAR 1.5 billion and is poised for further growth in step with the Middle East’s rapidly recovering advertising sector. Advertising spend in the region jumped 24% over 2009 to SAR 51.4 billion in 2010, consequently driving huge... Read more
During the first five months of 2011 Dubai’s direct trade increased by 27%, despite regional unrest affecting certain markets, a study by Dubai Chamber of Commerce and Industry has found. Dubai Chamber’s members exports and re-exports increased by 17.1% in the first eight months of this year, with goods... Read more
Regus, a provider of flexible workspace, has reported a 15% increase in demand for virtual office services in the first six months of 2011, compared to the previous six months July to December 2010. With thousands of customers in the UAE, the company attributes rising demand for virtual offices... Read more