Thursday 23 February 2017
 
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Millennials

Global diamond market sees moderate growth

The global diamond industry performed moderately well in 2015, led by diamond jewellery retail sales, which grew 3 per cent at constant exchange rates, a report said. However, currency depreciation, as well as slower demand in Chi

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A stressful 2016 tempers optimism among millennials

A turbulent 2016—punctuated by terror attacks in Europe, Brexit, and a contentious US presidential election—appears to have rattled millennials’ confidence, according to Deloitte’s sixth annual Millennial Survey.

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Emirates NBD launches Liv. digital banking

Emirates NBD, a leading bank in the region, today launched Liv., the UAE’s first digital bank targeted at millennials. Liv. is aimed at providing a differentiated digital experience for a new generation of customers, empower

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Millennial appetite for apps ‘driving UAE start-ups’

The insatiable appetite for mobile apps among the UAE’s tech savvy millennials is fuelling the growth of UAE technology start-ups, said Fahad Al Bannai, CEO of the region’s mobility retail giant, axiom telecom. “

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Climate change a real threat, say GCC millennials

A big majority of millennials in the GCC are increasingly concerned about the effects of global warming on the climate and its damaging impact in the future, a new study said. Global warming is seen as a problem for almost all res

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Millennials ‘prefer to use than own a superyacht’

The next generation of UHNWIs (ultra high net worth individuals) will increasingly prioritize experience over possession, said a top official, adding they will still want the use of superyachts, but will be far less interested in owning the asse

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Fintechs to ‘cash in’ on millennial banking needs

GCC financial technology (fintech) start-ups are cashing in on the always-connected banking habits of millennials, industry experts said in the build-up to the Gitex Technology Week, the largest ICT expo in the region. There is a

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Fintechs to ‘cash in’ on millennial banking needs

GCC financial technology (fintech) start-ups are cashing in on the always-connected banking habits of millennials, industry experts said in the build-up to the Gitex Technology Week, the largest ICT expo in the region. There is a

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UAE, Saudi millennials bigger spenders than global peers

Millennials are a large, influential and increasingly affluent group, are the fastest growing segment within the region, and in the UAE and Saudi Arabia, tend to be higher spenders than their global peers, a report said. Additiona

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Millennials are ‘unstructured shoppers’: new study

Millennials are found to be unstructured shoppers that shop frequently and for a long period of time. When shopping for groceries, Millennials’ shopping missions are for immediate needs only, found a study on their buying behaviours.

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