News Feature
Advertisers adjust their pitch to the Internet Age
- The consistent theme of the 40th International Advertising Association Congress, held in Dubai for the first time this week, was the need for advertisers to rise to the challenge of the Internet and electronic media, with newspapers and magazines now losing their appeal for the critical high-spending younger audiences.
- United Arab Emirates: Wednesday, March 22 - 2006 at 08:31 |
Investors bewildered by GCC stock market crash
- Stock markets around the Gulf region plunged downwards this week, led by Saudi Arabia and Dubai. There are calls for government intervention to stop the market falling further. But in reality this is just the latest example of irrational exuberance by stock market investors.
- Saudi Arabia: Tuesday, March 14 - 2006 at 09:44 |
Where next for the Middle East media sector?
- The oil boom years of the early 21st century have been accompanied by a flourishing media sector, with more liberal attitudes and a boom in advertising encouraging a proliferation of new titles and satellite television channels. But is the sector now overblown and entering a period of consolidation and rationalization?
- United Arab Emirates: Monday, March 06 - 2006 at 10:37 |
$70 billion in Middle East project finance this year
- Project finance in the Middle East will more than double to around $70 billion this year, another indication of booming local economies, delegates to the MEED Project Finance conference in Doha heard this week. But increasingly this financing is going to international rather than local banks.
- Qatar: Thursday, March 02 - 2006 at 11:22 |
IPOs will continue until people stop buying them
- The Gulf region is besieged by a mania for buying initial public offerings with 116 IPOs set to launch in the next couple of years. But this will depend on the regional capital markets maintaining their recent performance. For buying IPOs in a falling market makes no sense.
- Saudi Arabia: Monday, February 27 - 2006 at 12:03 |
$15bn Dubai Aerospace Enterprise: an amazing business vision
- The Dubai Government loves to surprise with big projects and visionary plans. Yet behind the $15 billion Dubai Aerospace Enterprise launched this week is a very shrewd appreciation of business trends, and a clever plan to put Dubai at the head of the next big thing.
- United Arab Emirates: Monday, February 20 - 2006 at 11:26 |
Reformers dominate new UAE Cabinet
- New UAE Prime Minister and Ruler of Dubai General Sheikh Mohammed bin Rashid Al Maktoum has announced his first Cabinet, bringing in eight new ministers, including a second woman and new ministers for health and education. This appears to mark a new chapter in the history of the UAE with the economic reformers now ascendant.
- United Arab Emirates: Saturday, February 11 - 2006 at 10:56 |
What Dubai needs now is a world-class art gallery
- The Masters exhibition of art in Dubai this week brought together the most valuable assembly of art works ever shown in the emirate. The private views brought a huge response from the local business community. For a city art is not just an investment but a major cultural attraction, and Dubai could do with a permanent art gallery.
- United Arab Emirates: Tuesday, February 07 - 2006 at 09:42 |
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