Saturday , 15 December 2018

Business

Oman: 12 Irish Universities at GHEDEX 2012

Muscat: From a global viewpoint, Oman is an emerging market with economic and social development taking place at a fast pace. In an age where access to information and higher education play a vital role in speeding up the process of development in a country, Oman is making its mark. Aimed at providing students with the best higher education opportunities …

Read More »

Australian Ambassador to the UAE visits RAK Free Trade Zone

Ras Al Khaimah, April 17, 2012: In a step that reinforces Australia’s commitment to boost its trade relations with Ras Al Khaimah, the Australian Ambassador to the UAE and Qatar HE Pablo Kang recently visited Ras Al Khaimah Free Trade Zone ( RAK FTZ ) – one of the fastest-growing and most cost-effective free trade zones in the UAE. Oussama El Omari, CEO of RAK …

Read More »

New World Bank president wants alignment in changing world

Pretoria – Newly appointed World Bank president Dr Jim Yong Kim will seek a new alignment of the World Bank group with a rapidly changing world. The bank announced on Monday that it had selected the Korean-American global health expert to become its next president following the resignation of Robert Zoellick, whose term ends in June. “As president, I will …

Read More »

HSBC Re-Enforces the Importance of MENA and China Trading Corridors

Trade corridors between China and the MENA region carry huge economic growth potential for businesses, offering the greatest prospects in the commodity and energy sectors said HSBC at its Middle East and North Africa (MENA) and China Forum held in the UAE today. Emphasising the growth of China as a trading powerhouse, HSBC added that China is poised to become …

Read More »

New Tunisia – A role model for the Arab world

Today’s working meeting between Austrian State Secretary Wolfgang Waldner and his counterpart for European Affairs in the Tunisian Foreign Ministry, Touhami Abdouli, focused on the current developments in Tunisia and next steps to be taken in the political transition process after the overthrow of Ben Ali’s regime last year. “With the first free elections in October 2011 and the formation …

Read More »

Africa is the new growth hub

Sun City – President Jacob Zuma has likened Africa’s growth pace to that of Asia, saying the continent is fast making good progress economically and is on its way to achieving economic growth and improving the quality of life of Africans. “As you can appreciate, we are standing in an incredibly privileged position today, where we can witness Africa’s epic …

Read More »

Indigenous Brazilian tribe certified to trade carbon credits

Brazil’s Paiter Suruí community has become the first indigenous group in the country to receive international certification to sell carbon credits in return for protecting and restoring forests in their Amazonian territory. The Suruí community, which numbers around 1300 people, was first contacted by outsiders in 1968. Over the past decade, with assistance from environmental advocates, they have conducted a sophisticated campaign …

Read More »

Statement by an IMF Mission to Egypt

A staff mission from the International Monetary Fund (IMF) visited Cairo from March 25 to April 10 to continue discussions on possible financial support requested by the Egyptian authorities for their economic program. At the conclusion of the visit, the mission issued the following statement: “The IMF team held productive discussions with the Egyptian authorities, and met with members of …

Read More »

Islam Analysis: Discover what drives efficient innovation

Several Muslim countries rank among the world’s most efficient innovators. They must build on this success, says Athar Osama. Ever since the global business school INSEAD (Institut Européen d’Administration des Affaires)started producing the Global Innovation Index reports in 2007, Islamic countries have performed rather unremarkably. In the last three years, for instance, the top-3 performers have been the United Arab Emirates (ranked 24th …

Read More »

AID POLICY: Does private money buy independence?

Private donors are growing steadily more important to global aid, contributing one-quarter of the estimated US$73.9 billion spent on emergency assistance from 2006 to 2010. Among the favourable factors in private funding are independence from the political motivations of donors, being able to react fast, and the opportunity to focus on forgotten crises. But the lack of tracking creates an …

Read More »