Blogs

Modest wage outlook for GCC workers in 2016: Workers in the GCC countries can expect a real wage increase of 2.3 per cent in 2016, the lowest of these being the UAE where salaries are expected to increase by 0.9 per cent, taking infl...

Dubai unveils plan to grow to four times its size. Dubai Ruler wants solar panels on every roof by 2030. Dubai property market likely to bottom out by end-2016. Dubai’s office market is showing signs of stabilizing, with average rents rema...

A dramatic slowdown in US shale production will help  to re-balance the oil market next year and drive demand for Opec crude, accordi...

‘Forbes’ has compiled its first list of the ‘50 Richest families’ in Asia. To qualify, a family’s wealth and participation in building that fortune has to extend at least three generations. Indians hold 14 of the 50 spots, easily the most...

Asking for a solution to the problems of the state banks that dominate India’s financial system is akin to a lost tourist asking the way in the proverbial joke. The answer is: “I wouldn’t start from here.” The...

Saudi Arabia has emerged as Middle East’s largest construction market with the value of projects planned and under way estimated to be more than SR3.75 trillion ($1 trillion), according to latest figures....

Though property prices in Dubai have fallen by 11 per cent year-on-year till August 2015, rents have declined by mere one per cent. The expected rental decline this year hasn’t been as steep as previously perceived...

[vc_row][vc_column][vc_column_text] Despite the solar industry’s solid reputation as an established and competitive renewable energy source, the sector has been surrounded by myths, rumors and false facts. An indust...

Financial Audit is mandatory for most of the companies registered under JAFZA (Jebel Ali Free Zone) Authority as per the Jebel Ali Free Zone rules and regulation ie, the Implementing regulations No. 1/99. The Financial...

Banks in the GCC, which reported a good set of gains in the first half of 2015, could see a weakening in earnings over the next several quarters due to the knock-on effects of lower oil prices on growth and asset quali...