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Posted: 25-02-2008
INTERNATIONAL. In its latest monthly Global Focus, Standard Chartered predicts there will be no sharp upturn in the current US recession and it will have a global impact. The rest of world may be better insulated, but not decoupled, and as risk aversion mounts, countries with current account deficits will see their currencies under pressure.The big story that is set to continue to unfold over coming months, and indeed years, is how the balance of global economic and financial power is shifting, from West to East. But three issues currently stand out. First, how severe will be th
Posted: December 19, 2016
UAE. 60% surveyed believe digitalization has potential to create new business models or lead to a more open culture of innovation; Only 3% of organizations in the GCC believe they are at an advanced stage of their digital transformation; The GCC is positioned to embrace the disruptive potential of digitalization.
Posted: December 14, 2016
UAE. Emirates NBD Dubai Economy Tracker: Strongest upturn in Dubai private sector business conditions since August; Job creation remains marginal in November.
Posted: December 14, 2016
UAE. Under the theme "Dealing with Global Disruptors", Gary Dugan, Chief Investment Officer - Wealth Management, aimed to identify how investors can manage risk and rewards from this new disruption paradigm.
Posted: December 12, 2016
UAE. A combination of GCC governments healthcare expenditure and participation of private players, leads the industry towards a rapidly growing market sector.
Posted: December 12, 2016
INTERNATIONAL. KPMG/Ipsos Retail Think Tank (RTT) members agree that consumer confidence measures do provide key insight into likely patterns of spending.
Posted: December 10, 2016
UAE. Fintech innovations could add 150 million new Islamic banking customers by 2021, says EY; The GCC region's share of participation banking increased to 72%; Saudi Arabia, the UAE and Malaysia are the three largest participation banking markets, in terms of assets.
Posted: December 9, 2016
UAE. Insurers have been prompted to prepare for the effects that VAT and changes to international financial reporting standards (IFRS) will have on their industry as well as assessing the impact of new insurance regulations that came into effect earlier this year.
Posted: December 8, 2016
UAE. The Global Cross-Border report shows Middle-East as one of the regions with the highest incidence of cross-border online shoppers; UAE consumers continue to increase their online shopping. In 2016, 68% of adults in UAE shopped online in the past 12 months, increasing from 63% in 2015.
Posted: December 7, 2016
INTERNATIONAL. Will this be the year when China exceeds growth expectations, Brexit turns into Bremain, the Mexican peso soars and Italian banks turn out to the best performing equity asset class?
Posted: December 6, 2016
UAE. Knowledge Summit 2016: "Over 2 billion jobs will disappear by 2030 and that is the hidden results of our rapid technology growth. But, if we understand all these hidden consequences we can create jobs at a much higher rate".
Posted: December 5, 2016
UAE. Succession planning is the biggest challenge in the next five years; Middle East family businesses need to grow in double digits every year to sustain the family's intergenerational wealth; Slow or no progress on strategic planning could impact growth.
Posted: December 4, 2016
SAUDI ARABIA. Despite experiencing 30% growth in the last five years, e-commerce upside potential in the Kingdom of Saudi Arabia remains huge according to a BCG report.
Posted: December 1, 2016
INTERNATIONAL. More consumers are now purchasing products and services online than in store, according to the latest Deloitte Consumer Review; As customer journeys are getting more complex, customer experience is fast becoming an important tool for differentiation.
Posted: November 27, 2016
UAE. To achieve a sustainable advantage companies in the region must focus on strengthening their operational, commercial and innovation prowess.
Posted: November 25, 2016
KUWAIT. Speaking at the Public Speakers Series by the Kuwait Public Policy Center, Erik R. Peterson encouraged GCC countries to actively pursue their transformation programs taking into consideration the new political situation in the U.S.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 27, 2017
UAE. PwC issues new report jointly with the Global Manufacturing & Industrialisation Summit; The report outlines a roadmap for CIOs to manage the transformation of industrial companies to successfully adopt IIoT; Devising a digital strategy is key for manufacturers
date:Posted: March 27, 2017
UAE. The strongest growth rate for 2014-2015 in the region was led by Saudi Arabia and the UAE, according to a new report from The Boston Consulting Group.
date:Posted: March 27, 2017
UAE. As banks seek to be more competitive and enhance customer experiences, many look to transform their old legacy banking systems with more efficient new core solutions.
UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.
INTERNATIONAL. This is part two of a recent conversation I had with students, faculty, and alumni at New York University, where I had the opportunity to answer some questions concerning the turmoil in the Middle East and America's role in the world.
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