RITIKA SHARMA / Emirates Business Taking strides towards a knowledge-based economy, UAE has set an example in finance technology (FinTech). Experts claim that the pace at which UAE is embracing latest technology in financial sector, it is already the ‘most developed’ nation in the Middle East in terms of global shift in payment methods. Factors such as high smartphone ...
Read More »Admin
UAE theme parks to drive footfalls
Dubai / Emirates Business The UAE will play a pivotal role in the global billion dollar theme park and amusement industry, according to Abdul Rahman Falaknaz, Chairman, International Expo Consults, the organisers of the DEAL 2017 show. Highly innovative and creative themepark concepts in the UAE will be one of the key factors that will attract and drive millions ...
Read More »Deyaar holds book fair in line with Year of Reading
Dubai / Emirates Business Deyaar Development PJSC, one of Dubai’s largest property developers and real estate service providers, held a book fair at the company headquarters to support the UAE’s Year of Reading. The initiative aims to nurture a new generation of readers and enhance knowledge and innovation. The book fair, held in partnership with Impulse Group, one of the ...
Read More »Internet gaming to grow manifold
ALKESH SHARMA / Emirates Business As more number of individuals in the UAE hook to internet in pursuit of a leisure time, the gaming industry has emerged as a business that is bound to reap rich dividends. According to experts, internet gaming industry is all set for a robust growth in the coming years as internet gaming traffic will ...
Read More »Nissan Motor brings Datsun back to the Middle East
Emirates Business Nissan Motor is bringing the legendary Datsun brand back to the Middle East with the exclusive launch of two models in Lebanon, the on-DO and mi-DO. Both models make owning a new car an attainable reality for a significant portion of first-time auto buyers. Launched in 2014 after the brand was globally phased out in 1981, Datsun ...
Read More »A post-Brexit opportunity Europe shouldn’t miss
If there is a silver lining for the world of finance from the Brexit vote it is this: that the departure of Britain offers the European Union a chance to complete much-needed reforms to the Continent’s lagging capital markets. If it can do that, the EU might just be able to demonstrate its ability to enhance growth across its ...
Read More »Urbanization and the Greens of Melbourne
Grant Wyeth Many international relations theorists hold the perspective that in the 21st Century it will be cities, rather than nation-states, that will be the dominant global actors. As humanity rapidly urbanizes, and the gains from connectivity extrapolate, global organization will increasingly revolve around the people cities can attract, and how their skills can be harnessed and utilized. Performing ...
Read More »Think governments are a mess? Markets don’t
Matthew Winkler Fear mongers on both sides of the Atlantic would have us believe that governments are failing. They cite racially-charged violence from Dallas to Charleston, South Carolina; voters in Britain choosing to exit the European Union; the flood of migrants from the war in Syria; terrorist-inspired massacres from Brussels to San Bernardino, and the anemic global economy that ...
Read More »London house-price index plunges to seven-year low
Bloomberg A measure of London house prices fell to its lowest level since the height of the financial crisis as Brexit sent shock waves across the UK. The index dropped to minus 46 in June from minus 35 the previous month, the Royal Institution of Chartered Surveyors (RICS) said on Thursday, citing a survey of real-estate agents. That’s the ...
Read More »China’s Wanda seeks expansion, eyes stake in Paramount Pictures
AFP Chinese conglomerate Wanda is in talks to buy a stake in US film studio Paramount Pictures, according to a report, marking the Asian company’s latest move to expand its entertainment empire. Wanda, which in January bought production giant Legendary Entertainment for $3.5 billion, is seeking 49 percent of Paramount from parent company Viacom, the Wall Street Journal quoted ...
Read More »