Euler Hermes reported a projected 3.5% growth in UAE due to infrastructure developments and growth in business.
Research
US retail sales to increase during holiday season
The National Retail Federation said the US retail sales would increase this holiday season by 3.9%. Retail sales in the US were expected to increase by 3.
Private equity buyouts reach EUR 19.7 billion in Europe- research
According to a new research, European private equity buyouts reached USD 19.7 billion for the third quarter.
Qatar tops financial centers index
Qatar, according to the latest Global Financial Center Index or GFCI 14 from the Z/Yen Group, is the top financial center in the Middle East.
Sovereign wealth funds bet on alternative assets for growth- survey
Sovereign wealth funds put their bets on alternative assets to enhance returns. A survey by investment management services firm Invesco Ltd revealed that sovereign wealth funds were putting money in alternative assets to improve their returns.
Latest News
A test was conducted by SquareTrade to assess the durability of the new set of iPhones and have concluded that the new handsets break easily.
A research conducted by Savills Plc ranked Singapore as the best value city for foreign investment.
With eerie similarities, BlackBerry is replicating the route taken by Palm Inc. into oblivion. The recent announcements for Canadian smartphone maker Blackberry are short of appalling, It had said it had a 40% decline in sales and had announced job cuts to a third of its current workforce.
The elimination of poverty and improving incomes of the world's poorest were two of the goals of World Bank, its draft strategy paper showed.
A Reuters/Ipsos polled showed Americans still harbored grudges against Wall Street five years after the fall of Lehman Brothers.
Global equity funds recorded the highest inflows the week before the US Federal Reserve announced its monetary policy.
Investor sentiment improved in Switzerland for September, a new survey revealed. Investor confidence in Switzerland increased in September. Germany-based ZEW Center for European Economic Research and Credit Suisse Group based in Zurich revealed investor and analyst expectations rose to 16.
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
According to the Ministry of Commerce, China's utilized FDI increased by 6.37% for the first eight months of the year.
