Micheal Andrew, Chairman KPMG: US dollar will remain a global currency
Michael Andrew, Global Chairman KPMG International, tells Edward Poultney why the group is looking at a shift in growth to the Asian economies, making these KPMG's most important future markets, and how the first half of 2012 going to be a very tough period although some optimism should emerge toward the back end of the year, especially around the US economy, the implementation of China's 13th five-year-plan and emerging markets - but long-term structural issues need to be addressed in Europe and the US.
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Daily Updates
Commercial Bank of Qatar dips slightly, reports higher annual net profit
The Qatar Exchange gained 0.20% Thursday to reach 8,434.70 points. The country's second bank by assets Commercial Bank of Qatar or CBQ fell 1.50%...
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Press Releases
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Bank Audi launches 'Novo' the ultimate new...
Bank Audi announced, on Thursday, January 26, 2012, the launch of 'Novo', the first banking...
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2012 Global Financial Markets Forum to bring...
The 2012 Global Financial Markets (GFMF) Forum will kick off on February 29th with a host of...
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Secured Shredding Services works towards...
As part of its commitment towards educating the public on to the perils of inadequate information...
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Analysis
Qatar's economy faces headwinds in 2012
There are increasing signs that the euphoria over the Qatari economy might transform into a gentle return to reality in 2012.
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Daily Updates
Ericsson Middle East sales grow 12%
Swedish provider of telecoms and data communication systems, Ericsson has said its sales in the Middle East in 2011 have jumped 12% year-on-year. "...
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Press Releases
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Canon launches the LV-8235 UST projector
Canon Middle East announces the launch of the LV-8235 UST (ultra-short throw) projector,...
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TRA organizes a session on cyber safety and...
In line with its commitment to spread awareness to UAE students and youth on the safe and secure...
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ip.access signs Middle East distribution...
Pioneering developer of small cell mobile technology, ip.access, confirmed it had signed a...
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Analysis
Google's breakthrough banking deal for cloud services could set trend
This month Google announced that a major bank in Spain had agreed to a deal to use its cloud services, thought to be the biggest of its kind in the banking sector. Many had believed banking would...
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Daily Updates
Iran sanctions could lift crude price 30%
The International Monetary Fund (IMF) has said if Iran halts oil exports as a result of US and European Union sanctions, global crude prices could...
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Press Releases
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Oryx GTL meets global benchmark for Information...
Oryx GTL, Qatar's first Gas-To-Liquids (GTL) project, continues to enhance its integrated...
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New UNIDO report highlights importance of...
Industrial energy efficiency is key to sustainable industrial development, especially in...
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Zurich named 'Energy Insurer of the Year at the...
Zurich, one of the world's leading insurance groups, announced that it has been named "Energy...
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Analysis
New summit on water sustainability to be held in Abu Dhabi
Plans were announced yesterday for a new symposium that will be held in Abu Dhabi to address the issue of water scarcity in arid regions across the globe.
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Daily Updates
Lebanon real estate deals drop 12%
The number of real estate transactions in Lebanon has seen a 12.02% decline last year to 82,984, compared with 94,320 transactions in 2010, The...
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Press Releases
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More European construction firms head to Qatar
Faced with a worsening debt crisis and the real prospect of a recession at home, several major...
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Seef Lusail Real Estate Development Company...
Seef Lusail, a project under development by Seef Lusail Real Estate Development Company "SEEF",...
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Dubai Municipality cuts off services of...
Eng. Khalid Mohammed Saleh Al Mulla, Director of Buildings Department at Dubai Municipality, said...
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Analysis
Dubai property outlook mixed in 2012, says JLL
Although average prices in Dubai's residential property sector will continue to slide in 2012, home values will rise in certain parts of the emirate as the market becomes increasingly polarised,...
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Daily Updates
Saudi mulls metro rail service in holy cities
The Saudi Railway Organization (SRO) is studying the feasibility of metro rail services in the holy cities of Makkah and Madinah, Arab News has...
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Press Releases
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Fairmont inks agreement with Qatar Airways
Fairmont Hotels & Resorts has announced a new marketing alliance with Qatar Airways, one of the...
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Travelport establishes regional Levant hub in...
Global travel services provider Travelport has announced the activation of a regional Levant hub...
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Etihad Airways buys more airbus freighters
Etihad Airways, the national airline of the United Arab Emirates, today announced it would double...
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Analysis
Airbus seeks to allay concerns about A380 safety
Cracks found on the wings of the A380, of which Emirates is by far the largest customer, have raised concerns about the superjumbo, but Airbus says it has determined the cause of the problem and...
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Daily Updates
Fox International Channel plans Qatar expansion
Fox International Channel (FIC), which distributes TV channels and digital services worldwide, has unveiled plans to expand its operations in...
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Press Releases
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Middle East Corporate and Media Communication...
The Middle East Excellence Awards Institute announced the Middle East Corporate and Media...
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Dubai Lynx announces 2012 jury line-up
The Dubai International Advertising Festival, the leading Festival and Awards for creative...
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H.E. Rashid Bin Fahd launches 'Envirocities' e-...
Dubai Municipality and Environmental Centre for Arab Towns jointly have released recently a new...
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Analysis
Fight for businesses on social networks intensifies as Google + enters the fray
It has long been established that companies need a social networking presence as part of their marketing strategies. It's hard to think of a major firm which is not visible on Facebook, LinkedIn,...
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GE Healthcare view long term strategy to develop health sector
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Micheal Andrew, Chairman KPMG: US dollar...
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