Wednesday 16 April 2014
 
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Middle East

Towers Watson unveils big ME expansion plans

Towers Watson, a leading human resources consultancy, has announced is set to open a new office in Riyadh next month as part of its Middle East expansion strategy. With over 20 years’ experience in the region, Towers Watson

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BDO Mideast elects new EMEA board member

The managing partners of the BDO Middle East, a network of public accounting firms, has appointed Ali Jawad, the CEO of BDO in Bahrain as a board member of BDO Europe, Middle East and Africa.   In this new role,

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UAE tops in social development in Mideast

The United Arab Emirates (UAE) ranks top among the Middle East countries in the 2014 Social Progress Index, published by the non-profit Social Progress Imperative. The UAE, which is 37th on the global list is followed closely by K

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Android botnet 'targeting ME banks’

Sandroid, a new botnet targeting the online bankers in the Middle East, has till date infected more than 2,700 Android smartphones and has intercepted at least 28,000 text messages of the users who bank at financial institutions in the Middle Ea

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Android botnet 'targeting ME banks’

Sandroid, a new botnet targeting the online bankers in the Middle East, has till date infected more than 2,700 Android smartphones and has intercepted at least 28,000 text messages of the users who bank at financial institutions in the Middle Ea

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GCC banks back on double digit growth path

The banking industry in the Middle East returned to double digit revenue growth in 2013 with a 10.7 per cent increase, stemming largely from international acquisitions, according to a recent study. Middle East banking revenues con

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Scottish exports to UAE increase 8pc in 2012

The UAE remained the largest market in the region accounting for $807 million of Scottish export in 2012, up 8 per cent from the prior year, a report said. Scottish exports grew to $2.01 billion in the Middle East and to $43 billi

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Mideast needs 2,850 new planes in next 20 years

Boeing in its latest forecast said the Middle East will require an estimated 2,850 commercial jets, worth $550 billion over the next two decades as the region's carriers continue to surpass global air traffic and capacity growth rates.

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ME funds on $18.8bn property acquisition spree

Middle Eastern sovereign wealth funds doubled their acquisitions to $18.8 billion, with the UK and US as firm targets, a report said. This trend is expected to continue apace, with the range of target markets likely to broaden, ad

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Majid Al Futtaim 2013 revenue soars to $6.3bn

Dubai-based Majid Al Futtaim, a leading shopping mall, retail and leisure pioneer in the region, said its overall group revenue increased 10 per cent year-on-year to hit Dh23 billion ($6.3 billion) in 2013. Announcing its results

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