“The movie business is a gambling business,” says Salim Ramia, chief executive of Grand Cinemas. “When you buy a movie for a million dollars before it is even filmed, isn’t…
UAE
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Indices, indexes, rankings and ratings. Never have there been more measures competing for attention than today. At the end of May, two ranking reports with relevance to Arab markets were…
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Sheikh Khalifa bin Zayed al-Nahyan, president of the United Arab Emirates, made an important move in November for the rights of women in the region. He proposed changing the law…
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The wars in Afghanistan and Iraq are supposedly winding down, Osama Bin Laden is dead, and the so-called ‘Arab Spring’ is eroding the iron-fisted regimes that have for so long…
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In an economy such as the United Arab Emirates, where the government has significant stakes in several of the largest banks, it is hard to isolate successes and attribute them…
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The United Arab Emirates’ luxury sports-car segment represents 11 percent of the country’s car market, equivalent to some 3,000 units per year, according to Business Monitor International (BMI). Ford…
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The term ‘stock market’ has quite a ring to it, particularly in the mouths of emotionally-invested stock market officials. Listening to them explaining the appeal and importance of securities trading…
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The final round of the 2010 Formula 1 Grand Prix Championship, held at Abu Dhabi’s Yas Marina Circuit, could have been pulled from the back pages of an airport novel:…
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The United Arab Emirates hascoveted for itself an image of unrivaled opulence, with few rivals on PlanetEarth. Dubai put a massive exclamation mark on this sentiment at the beginningof 2010…
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Six of the United Arab Emirate’s banks control 60 percent of the banking market, according to Emirates Business 24|7 analysis, suggesting that mergers and acquisitions are needed in the banking…