Special Report articles

Anatomy of an ailing industry

Anatomy of an ailing industry

Reading Time: 4 minutes

Brokers in the United Arab Emirates are in serious trouble. Half of the industry went out of business in 2011 and more closures are expected in 2012 as volumes in UAE markets continue to shrink at an alarming rate.  The financial crisis, which shook the world in 2008 and brought to an end the golden

Total Home Experience One – Home-grown outfitting

Reading Time: 3 minutes

Total Home Experience One, or THE One, operates 14 (going on 15) retail ‘theaters’ in the Gulf and Levant regions. Here, customers purchase feelings that reach them in the form of home furnishings.  In 1996, the company started from scratch as a United Arab Emirates-based furniture retailer, founded by entrepreneur Thomas Lundgren in partnership with

Perils and profitability

Reading Time: 6 minutes

Work has a profound influence upon us. Much more than a means of survival, it is a main source of self-esteem and lifetime relationships, not to mention the cumulative wealth of nations. In terms of time spent on the planet, work comprises the bulk of our lives. In work, we interact purposely with materials, tools,

Merck Serono – The right medicine for the job

Reading Time: 3 minutes

Merck Serono is a biopharmaceutical manufacturer ba-sed in Geneva, Switzerland. Its parent company, German firm Merck KgaA (Kommanditgesellschaft auf Aktien, a part privately held and part publicly traded company) is not just any pharmaceutical firm. With roots dating to the 17th century in the city of Darmstadt, capital of what was then a political entity

Employers par Excellence

Reading Time: 3 minutes

Everyone deserves a good job. Thus, a challenge is afoot in corporate Arabia and it mandates companies to improve from within: to become a great workplace. For the second time ever, ten companies in the United Arab Emirates are being recognized as the Top Companies to Work For in the UAE.  The list of these

EMC Corporation – Best workplace in the Cloud

Reading Time: 3 minutes

Being cryptic and brief was quite common when naming startup companies in the United States 30 or 40 years ago. When two American engineers created a venture for production of computer memory boards in 1979, they combined their initials and a third letter into EMC Corporation, garnished it with a visual reference to Einstein’s relativity