Euler Hermes, the world’s leading provider of trade-related credit insurance solutions, expects food prices to rise in the United Arab Emirates (UAE) in 2017. Global food prices stopped plunging in 2016, with a contained -1.5 percent drawback of the FAO Food Index. This was the lowest...
Sustainability reporters across the globe have been using the GRI Guidelines for the past 15 years. GRI reports have been published from more than 90 countries around the world, with thousands of organisations referencing the guidelines to create the leading framework for sustainability reporting....
Gender diversity in the workplace remains a key issue for employers in the GCC region. This is one of the key findings of a new report developed by the Pearl Initiative, the UAE-based business-led non-profit organisation, and Sharjah Business Women Council, and launched in collaboration with...
Saudi Arabia put up a strong performance at the Idex International Defense Exhibition and Conference 2017 held last week.
“Saudi Arabia’s strong showing was in accordance with the Kingdom’s Vision 2030 plan,” Abdullah Al-Meleihi, board member of the Council of the Saudi...
Saudi small businesses are set to grow their bottom when executives can make decisions on the move.
By enabling employees to use their own or company-provided smartphones and tablets running business applications, Saudi small businesses can grow their contribution to GDP by 15 percent, from 20...
Deal brings new business opportunities to Arrow’s global IT reseller ecosystem
Arrow Electronics, Inc. (NYSE: ARW), the only end-to-end value-added technology distributor in the world, has been named to the list of key global distribution partners for Dell EMC’s new...
Retail banking today has already become a digital business, spurred by the rapid spread of broadband access and affordable smart mobile devices. Globally, an average of more than half of consumers' banking interactions took place through online or mobile channels, with an even greater share in...
As part of its strategy to promote a culture of recognition and excellence, Al-Futtaim’s Emiratisation department and Al-Futtaim Automotive have awarded a group of 22 distinguished associates from Al-Futtaim Automotive the prestigious Mashkoor award.
The award recognises the...
Assets under Management (AuM) grew by 29%
Fixed Income Fund up 7.7% at end of year
Emirates Emerging Market Corporate Bond Absolute Return Fund up 14.5% compared to peer-group average of 12.4%
Strong dividend payments by the income generating fund range
Dubai,...
GCC businesses looking to raise funds should look beyond traditional sources of capital and explore the increasing number of alternative non-bank options available in the region, according to accountancy and finance body ICAEW. This was the consensus during ICAEW’s Corporate Finance Faculty...