Back in 2004, Bahrain took a major risk building a F1 track and hosting the region's first race despite stiff competition. But 17 GP later, it is clear this was a risk worth taking. And, as far as economic benefits are concerned, the best is yet to come.
The world over, local companies struggle to hold onto their best talent in fields where scarce skills such as finance, technology, management and engineering are sought after.
Many car owner manuals require longer reading times than some of popular works of fiction, being longer than the likes of the Da Vinci Code, says new research from Scrap Car Comparison, which studied 90 manuals for the most popular vehicles.
Emergency measures can quickly cut global oil demand by 2.7 million barrels a day, said the International Energy Agency (IEA) in a new report, unveiling a 10-point plan to reduce the risk of a damaging supply crunch.
As a result of the Russian-Ukraine crisis, the expected increases in energy and commodity prices and tighter financial conditions may impair growth, potentially creating a stagflationary environment in the short term.
Pandemic outbreak, followed by business interruption and cyber incidents, is the biggest concern for companies in the hospitality, leisure and tourism industry, according to the Allianz Risk Barometer 2022.
Commodity prices are on a tear as Russia’s invasion of Ukraine roils markets, with foodstuffs skyrocketing, metals setting records and energy in the throes of the largest crisis since the 1973 oil embargo, a report said.
The brief for the homes of tomorrow has changed with the new era being driven by hybrid lifestyles and working cities, says a CallisonRTKL report.
The UAE’s newly announced federal corporate tax will be beneficial for the domestic real estate sector in the long run even though it could portend a marginal negative impact in the short term, says a report.
While the hospitality industry is taking important strides to address gender equality, only 26% of senior leadership positions are currently occupied by women. A group of women leaders here offers insight on how women can develop careers in hospitality.
