The popular burger chain known as Wahlburgers, which already owns 70 restaurants across the world, will be opening a new restaurant somewhere in the Middle East. “We have almost 70 restaurants under contract right now, with various franchisees and deals in different places. I think we will have nine or 10 open by the end… Continue Reading
Tag Archives: Middle East
Middle East Seeing Surge in High Tech Economy
An SAP and Economist Intelligence Unit (EIU) report shows that many businesses are realizing surprising benefits to their bottom-lines due to better access to information, including data on prospective clients, current customers, or internal functioning. McKinsey & Company also point out that businesses that are incorporating the digital marketplace will able to potentially see an… Continue Reading
Aspect Software Appoints Sanjay Gupta to Lead Asian and Middle East Efforts
In order to strengthen its reach to Asia and the Middle East, Aspect Software appointed Sanjay Gupta as managing director for India, Middle East and SAARC (South Asian Association for Regional Cooperation.) One of the world’s leading providers of customer contact and enterprise workforce optimization, Aspect would like to extend its reach more successfully into… Continue Reading
Middle East Needs to Green Up
Governments around the Middle East are being asked to pass regulations that will encourage logistics firms to integrate sustainable practices into their operations. This was one of the subjects discussed at the UN Climate Change Conference. Held in Abu Dhabi last month, the 2nd Annual Global Logistics Forum reached a “unanimous agreement” on how crucial… Continue Reading
HSBC Planning Job Cuts in Six Middle Eastern Countries
Beginning of Major Lay-Off Plan The bank which calls itself “The World’s Local Bank,” HSBC, has decided to lay-off at least 200 employees in six countries in the Middle East. The job cut of 200 in the region is just the beginning of a major reduction in worldwide employees reaching as many as 30,000 cuts… Continue Reading
Oil Prices Predicted to Rise as Saudis Indicate They Will Not Increase Supply
No Extra Oil to Asia Data supplied by Bloomberg points to rising prices of crude oil from the Middle East to Asia as Saudi Arabia sends hints that it will refrain from selling extra supplies to refineries there. Two grades of crude, Murban and Qatar Marine posted rises in their prices for September loading of… Continue Reading
Key Labor Shortage Reported in Middle East Energy Sector
Energy Sector Needs More Nationals According to a study conducted by Mr. Kenneth McKellar, a partner and Middle East energy and resources expert at Deloitte in the Middle East, unless more, young, skilled and talented native individuals are trained and employed for leadership in the utilities and energy sector, these industries will soon face a… Continue Reading
Tablet Devices Poised to Reach Record Sales in Middle East
A Jefferies study has revealed that Middle East consumers are more than ready to join the west and purchase a tablet computer device and keep head to head with the most advanced and sophisticated technology available today. Tablets Taking Off Just like other consumers around the world, consumers in the Middle East are increasingly dependent… Continue Reading
Women Advancing in Middle East Finance
Private equity is an industry in which women only account for 9% of senior management positions across the globe. In general, 60% of American women enter the job market, while in the Middle East, the number barely reaches 25%. These realities make it even more impressive that one of the most successful entrepreneurs in the… Continue Reading
Accor to Create 4,000 New Jobs in the UAE
Accor, the French hotel chain who owns Sofitel, Novotel and Ibis, has announced that it will be doubling its number of hotels in the UAE within the next three years. “The first four hotels will open sometime in the second quarter of 2012 and the Sofitel Corniche will open in December 2011,” Christophe Landais, managing… Continue Reading