Tuesday 21 October 2014

GCC on track for massive housing shortage

The young demographic structure of the GCC region is creating a surge in demand for housing that could lead to a shortage in excess of one million units by 2018, a report said. With the GCC region set to face a massive shortage of housing, governments need to pursue more holistic


IBM struggles to reinvent itself in an age of cloud

When IBM Corp CEO Ginni Rometty was asked recently for her tips on how to transform companies, she spoke of "relentless reinvention" and not protecting the past. Applying those precepts to IBM is proving particularly tricky as many of the company's old-line business


ME firms challenged in attracting, retaining talent

Organisations in the Middle East are facing greater challenges than employers elsewhere in the world with 70 per cent of the firms admitting difficulty in attracting and retaining critical skill and high potential employees, a report said. Seventy-five per cent of Middle East emp


Tehran train trip newest luxury pursuit

 A luxury train connecting the capitals of Hungary and Iran left Budapest for the first time on Wednesday, with 70 passengers set to cross the Balkans, the Bosphorus and Kurdistan on the way to Persia aboard a set of deluxe railcars. The two-week trip sets back each particip


Oman port challenges Gulf rivals amid push beyond oil

An advertisement by the highway outside Dubai's massive Jebel Ali Port tells firms they don't need to ship goods through the Strait of Hormuz, the traditional gateway to the Gulf. Instead they can have goods delivered to a port in Oman, outside the Gulf, and bring them into the region b


Employee skills upgrade ‘crucial for UAE firms’

UAE employers will need to increase their focus on adopting organizational capability towards fast changing technologies to give their workers the right mix of skills in the next three years to enable future growth, a report said. As the UAE builds its knowledge-based economy in


Skip waiting in long food lines with new apps

Tired of waiting in line for a cup of coffee? In a rush to grab lunch? New apps are helping consumers skip the lines by pre-ordering coffee, drinks and meals. Restaurant chains, start-up companies and payment firms are hoping the apps help them capture a bigger portion of the US


The impact of the Internet on print

Forty-six per cent of the printing firms saw a decline in demand for conventional (non-digital) print over the last five years, compared with 21 per cent who reported an increase, a report said. Packaging came off by far the best, with a far smaller net balance reporting a declin


Carriers ‘must adapt business models to the future’

Carriers must look to the future and transform their business models in order to compete and win in an increasingly competitive business environment, a global expert said. Peter Hobbs, global head of Wholesale at Telstra, a leading telecommunications and information services comp


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