Sunday 21 December 2014

Online ventures target global Muslim consumer market

From travel guides to shopping portals, new Internet ventures aim to capitalise on the growing "Muslim lifestyle" market, which is expanding beyond food to include areas such as tourism, fashion and credit cards. Excluding food, where ‘halal’ dietary restric


Financial profiles of banks to strengthen in 2015

The standalone creditworthiness of banks across the globe will continue to stabilise in 2015, a report said. At the same time, the number of negative banking system outlooks has risen, primarily reflecting the potential for a decline in systemic support, particularly in Europe, a


Cyber threats increase by one billion in 2014

A total of 6.2 billon malicious attacks on user computers and mobile devices were blocked by Kaspersky Lab antivirus products in 2014, one billion more than in 2013, the vendor of endpoint protection solutions reported. In 2014 Kaspersky Lab experts saw considerable growth in the


Family firms ‘key driver of GCC growth’

Family firms, which represent around 75 per cent of the private sector economy in GCC, outperform non-family firms by 15 per cent, and their continued success is a vital contributor to overall GCC growth, a report said. Family firms, which represent around 75 per cent of the priv


ME firms likely to continue dependence on expats

Businesses and organisations in the Middle are failing to create professionals equipped with the necessary skills to head industry, according to a study by Mercer, a leading human resources management consultancy. Companies in the region are struggling to identify future leaders


Mobile Internet changing lifestyles

Ninety-seven per cent of consumers in emerging markets using mobile Internet are experiencing fundamental life-changes in key areas of their lives, a report said. People in emerging and developed markets have different uses of their connections, as well perspectives according to


Oil price fall a 'golden' chance to shift to clean energy

World leaders have a "golden opportunity" with plunging oil prices to put a price on carbon emissions since cheaper fuel makes the move less risky politically, said the International Energy Agency (IEA). Oil fell $2 a barrel to new five-year lows on Friday after the wor

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