Thursday 3 September 2015

80pc of employees ‘prefer digital-driven firms’

Around 80 per cent of employees across the globe want to work for a digitally enabled company, a report said, adding that a majority of them agree that their organisations provide the necessary skills to capitalize on digital trends. The new report entitled “Strategy, Not T


Saving migrant workers from slavery -TripAdvisor-style

A Mexican migrant paid a recruiter thousands of dollars for work in the US, only to endure slavery, time in jail and finally deportation. To make sure others did not fall prey to the same man, the migrant wrote a review of the recruiter on, a site for migrants fro


Selfie madness: too many dying to get the picture

The rise of selfie photography in some of the world's most beautiful, and dangerous, places is sparking a range of interventions aimed at combating risk-taking that has resulted in a string of gruesome deaths worldwide. The act of taking a picture of oneself with a mobile pho


Oil price seen at $55 next year

With oil stock balances next year looking softer and costs coming down, the commodity will trade at $55 and $61 per barrel during 2016 and 2017, respectively, said the Bank of America (BofA) Merrill Lynch in a report. “Looking at the near-term, however, we still believe oil


Web address boom ‘bonanza for cyber-criminals’

An explosion in the number of new Internet addresses has created a wealth of opportunities for criminals exploiting shady domains such as .zip, .kim or .party, according to an industry study published on Tuesday. Attackers are constantly in search of new domains for links to lead


Oil nations step up focus on renewables

As the oil price further deteriorates, major oil-producing countries are increasingly looking to the future and to sustainability, a report said. Recently, Bloomberg forecast that two-thirds of the $12.2 trillion global investment in capacity-generation to 2040 will be in the ren


ME funds positive on stocks as valuations improve

Middle East fund managers have turned more positive towards equities in the region after a plunge in markets reduced valuations and oil prices rebounded, a monthly Reuters survey shows. The survey of 15 leading investment firms, conducted over the past several days, shows 20 per


Mena professionals ‘have a positive outlook on life’

Around 93.8 per cent of professionals in the Mena region have a positive outlook on life, with 56 per cent being “very positive” and 37.8 per cent being “somewhat positive”, a report said. Seven out of 10 professionals polled in the Mena consider themselve


Saudi forex under pressure as oil policy bites

Domestic macro costs of Saudi Arabia’s unchanged oil policy are likely to become more acute  and apparent, a report said, highlighting that safeguarding forex reserves will require deep budgetary cuts at current oil prices, rather than the gradual cuts being contemplated.


Gulf managers ‘must take more risks, develop talent’

Management in the Gulf need to take more risks and develop staff to think creatively, according to a new global innovation survey designed to help companies stop wasting their best ideas and flushing billions of dollars down the drain. Announced in Abu Dhabi today (August 30) by

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