Monday 27 April 2015

Abu Dhabi rolls out red carpet for market makers

The two main stock exchanges in the UAE are trying to attract market makers but some industry professionals say Abu Dhabi is offering more generous financial terms and more liberal rules than Dubai, suggesting it may have more success. Market makers stand ready to buy and sell st


Mobile apps—the new face of business

If companies cannot provide customers with a mobile app experience that accurately reflects the values of their brand, they risk seeing their competition pull ahead with a more convincing mobile offering, says new research from Oracle. Nearly 55 per cent of millennials say a poor


GCC executives ‘at high risk of privacy breaches’

Eighty per cent of executives in the GCC use their personal mobile devices for work purposes but only 10 per cent adopt appropriate security measures to protect the corporate data stored there, a report said. The recent market survey, conducted by Gulf Business Machines (GBM), a


Quake warnings of minutes, not hours, are possible

Nepal's record of earthquakes dates to at least the 13th century, with significant temblors striking every 75 years or so. And through all that time, in Nepal as in most seismically active areas, there has been one constant: people in the path of destruction have had no idea when the shakin


GCC consulting market expands by $1bn in 3 years

The GCC consulting market grew by more than 15 per cent to $2.5 billion in 2014. This means the market has expanded by more than $1 billion in just three years, an amount that is roughly equivalent to that of the entire consulting markets of mature European countries like Spain and Italy.


After Yemen attack, Saudi may struggle with peacemaker role

Saudi Arabia has bombed Yemen for four weeks but may be little closer to imposing influence in its war-torn neighbour. As the kingdom winds down the campaign it led against Yemen's Houthis, a militia allied to its regional rival Iran, Riyadh faces a test of its diplomatic ski


Ocean output seen at $2.5trn a year, but sinking fast

Economic output by the world's oceans is worth $2.5 trillion a year, rivalling nations such as Britain or Brazil, but marine wealth is sinking fast because of over-fishing, pollution and climate change, a study said on Thursday. "The deterioration of the oceans has never


The new dress code: wearable technologies

The business world is now exploring how it can take advantage of the new possibilities provided by wearable technology, ranging from smartglasses and smartwatches to augmented reality and fitness trackers. The wearable-technology revolution hit fever pitch in August 2014. At firs


Mena investors likely to boost Saudi capital market

The hundreds of billions of dollars that would flow into investments in Saudi Arabia once its $530 billion capital market opens up is likely to give a major boost to the contribution from Mena, said an industry expert. Saudi Arabia will have 4 per cent weight in the Morgan Stanle


Low oil cooling Abu Dhabi's resurgent property sector

Lower oil prices are likely to cause Abu Dhabi's residential property sector to stabilise in 2015 following a two-year price boom as sentiment weakens and government spending in some areas slows, said industry consultants. A slew of new residential units was released in 2009-

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