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  • Fizzling out? Group buying sites in the UAE

    Fizzling out? Group buying sites in the UAE

    Groupon.com’s accounting troubles and rising rate of customer refunds stands an ominous forecast to the imminent fate on daily deal websites in the UAE thinks Eva Fernandes

    April 1, 2012 1:39
  • Counteroffers on the rise to retain staff

    Counteroffers on the rise to retain staff

    Although some are concerned it will impact salary structure, counteroffers have rising this past six months as staff retention finally becomes a key priority. Is this last ditch effort enough?

    April 1, 2012 11:12
  • Oil Release Now More Likely: John Kemp

    Oil Release Now More Likely: John Kemp

    Unless oil prices drop for other reasons, the United States and other governments appear set to release crude and product stocks from their strategic reserves before or during the summer in a bid to slow the rise in prices, avert an economic slowdown and sustain support for their strategy of sanctions on Iran.

    March 31, 2012 3:52
 
  • Abraaj gears up for IPO for next year -CEO

    Abraaj gears up for IPO for next year -CEO

    Following its recent acquisition of fund manager Aureos Capital, Abraaj Capital is gearing up for an IPO as early as next year, group chief Arif Naqvi announces. Will this revive the IPO activity in the region?

    March 28, 2012 4:20
  • Should you go for gold?

    Should you go for gold?

    Demand for gold has increased tenfold in the last decade while the dollar continues to drop as it floods the market. Will this mean a return to the Gold Standard?

    March 27, 2012 4:25
  • Buying time: A closer look at Mubadala’s latest Brazilian investment

    Buying time: A closer look at Mubadala’s latest Brazilian investment

    Mubadala's investment can be allocated at will by Batista. And the $46 billion fund has deep pockets that may be tapped again if additional financial support is necessary.

    March 27, 2012 1:39
 
  • A Taxing Affair: UAE Mulls Uniform Corporate Tax Rate

    A Taxing Affair: UAE Mulls Uniform Corporate Tax Rate

    The United Arab Emirates is looking at introducing a uniform corporate tax rate across its seven states as it wants to reduce its dependence on oil revenue, the IMF said on Monday, but a government official said there would be no new taxes for at least two years.

    March 27, 2012 1:26
  • Saudi Electric may go for long Sukuk tranche

    Saudi Electric may go for long Sukuk tranche

    Massive demand for Saudi Electric Co's (SEC) first international sukuk issue may prompt the company to include a rare long-dated tranche -- and could encourage issues by other utility companies in the Gulf.

    March 26, 2012 4:28
  • Shell scrambles to pay $1B for Iran oil

    Shell scrambles to pay $1B for Iran oil

    Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and US financial sanctions now make it almost impossible to process payments, industry sources said.

    March 26, 2012 4:17
 
  • Abu Dhabi: Raising Capital

    Abu Dhabi: Raising Capital

    With the Yas Mall, Deerfields Town Square, The Lourve Museum in the news these past few days, Kipp can't help but feel we are back in 2010.

    March 26, 2012 3:44
 
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