Complex Made Simple

Top business stories you missed this week

Here are the top seven business stories from the Middle East you probably missed this week:

Professional planning needed in the face of oil crisis

The global energy sector has changed dramatically over the years. Roughly 20 years ago, oil was $12 per barrel and natural gas $60 per barrel. Today sees the exact inverse: oil is now $60 per barrel and natural gas is $12 per barrel. (READ MORE)

Are personal computers on the way out?

Worldwide personal computer (PC) shipments totaled 62.2 million units in the first quarter of 2017, registering a 2.4 per cent decline from the first quarter of 2016, according to preliminary results by Gartner, Inc. (READ MORE)

High asset prices remain a challenge for investors

Despite a slew of disruptive events that created volatile markets early in 2016, the private equity (PE) industry posted solid results for the year. (READ MORE)

This UAE industry is hiring the most this year

The consumer goods industry in the UAE recorded the highest growth on the Monster Employment Index (MEI) at an average year-on-year rise of 14 per cent in the first quarter of 2017, reaching a peak of 33 per cent growth in March compared March 2016. (READ MORE)

Passenger traffic at UAE airports up despite travel ban

Costly trips abroad for many due to the stronger dollar, travel restrictions, and shift in consumer trends are forcing tourism and aviation companies to rethink their approach to the region. (READ MORE)

Emaar: ‘We’re still investigating cause of fire’

Dubai-based developer Emaar Properties is still investigating the cause of the fire at its luxury project under construction in Downtown Dubai, a company executive said on Monday. (READ MORE)

TAG Heuer partners with Dubai to create special edition timepiece

TAG Heuer announced the launch of a unique timepiece it has designed in collaboration with the Dubai Department of Tourism & Marketing (Dubai Tourism) at Arabian Travel Market (ATM). (READ MORE)