Saudi businesses catering to Haj visitor have taken a hit this year as far fewer pilgrims arrive and those who come have less cash to spend.
Saudi authorities say only about 1.86 million pilgrims, including around 1.3 million comi
Avaya, a global leader in business communications software, has announced the latest version of the Avaya IP Office Platform, the market-leading unified communications solution for small and midsize businesses.
Avaya IP Office rel
Bahrain Industry and Commerce Minister Dr Hassan Fakhro has vowed to ease procedures for setting up businesses in the kingdom said a report.
The minister was chairing the 20th joint committee meeting for industrial and commercial
Bahrain may lose more than BD100 million ($265 million) every year if a controversial move to triple 'tobacco tax' is implemented, said a report.
Most hit by the planned increase of 100 per cent to 300 per cent in import d
Microsoft Corp has announced that a major update to its flagship ERP solution, Microsoft Dynamics AX 2012 R3, is now available to customers across the Middle East and Africa region.
The announcement came at the
KPMG, a leading professional services network, has entered into a global alliance with Swiss-based Sustainable Asset Management (SAM) group to help firms measure and enhance corporate sustainability performance, a key differentiator
Three quarters of major companies in India are unhappy with Prime Minister Manmohan Singh's government, saying that a governance crisis ranging from corruption scams to policy limbo will hit economic growth and their investment plans.
Rising populations and growth of small businesses bode well for venture capital transactions in the Middle East and North Africa (Mena) region and the nascent sector will see more deals this year, executives said on Sunday.
The industry ha
Bahrain's Economic Development Board (EDB) is working to identify which sectors of the economy have been hit by recent unrest and how to best support them.
The EDB is committed to support the business environment and companies operatin
Given Bahrain's stable environment what, in retrospect, may seem like complacency or unpreparedness is quite understandable in terms of failure of businesses to have security and continuity programmes in place during the unrest.