Tuesday 6 December 2016

Family businesses ‘must identify priority areas’

Family businesses in Mena region are facing rapidly challenges to development, to overcome which they need to identify their priority areas and proactively institutionalize, said management consultancy Strategy& in a recent study. Mena family businesses are currently facing t


Opec deal unlikely to affect oil market balance

Opec has agreed to cut production by roughly 1.2 million barrels per day (mbpd) to 32.5 mbpd, which equates to a 4.5-4.6 per cent cut per member country, said Barclays in a new report. “We believe the outcome is consistent with our view of what Opec production levels were e


10 most important shifts in IT companies before 2020

Global ICT research and consulting firm International Data Corporation (IDC) has laid out the ten most important shifts that will happen in IT organizations over the next 36 months and will guide senior IT executives in the formation of their three-year strategic IT plans. To hel


Travel is 'the secret to true happiness'

Almost half (49 per cent) of people say a holiday brings them more happiness than their wedding day, while over half (51 per cent) prefer travelling over going on a date with their partner, according to a new study. Global research commissioned by Booking.com, a global leader in


What are the 14 key cyber threats to watch in 2017?

Intel Security has identified 14 threat trends to watch in 2017, the most critical developments to watch for in cloud security and the Internet of Things (IoT) security, and the six most difficult-to-solve challenges facing the cybersecurity industry. The McAfee Labs 2017 Threats


NRIs biggest risk takers in investment

New research has uncovered large differences in the understanding, attitudes and engagement of investors from different nationalities living in the UAE. The report, carried out by financial solutions provider Old Mutual International and investment management firm Quilter Cheviot


Saudi Arabia's deficit 'could hit $90bn in 2016’

Saudi Arabia’s austerity, privatization and taxation measures will not be sufficient to reduce the deficit to the desired extent, leading to the kingdom seeing a deficit of $80-$90 billion or 13 per cent of the GDP in 2016, a report said. Cost-cutting pressure and declining


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