Is there anything worse than when your flight gets cancelled. Hussain al Nowais understands exactly how you must feel. Hussain al Nowais travels often and has had a few flights of his cancelled in his day. It’s not the end of the world, but it can be frustrating. Whether it’s a mechanical issue or […]
The United Arab Emirates is one of the leading suppliers of oil and their revenue from the commodity accounts for a large portion of their financial strength. However, as the global market begins to transition towards alternative fuels and other energy sources, the UAE is taking steps towards changing their economy based on other revenue-generating […]
Over the last few years, Egypt’s economy has been struggling to keep a stable financial climate and prosperous market ventures. With high unemployment rates, millions below the poverty line and many fighting to make ends meet, Egypt has faced an onslaught of difficulties. However, with recent investments stemming from Abu Dhabi, Egypt is on the […]
The first quarter of this year has left many economists and investors scratching their heads over how the U.S. economy has been doing and other economies around the world. Apparently the method in which economists at the Bureau of Economic Analysis use to determine the growth rate of the economy is faulty. They don’t take […]
The energy sector in the UAE and greater Arabian Gulf region will be getting an economic push from a $1 billion investment from the Abu Dhabi investment company Waha Capital. The investment will serve the power, oil and gas services sector according to the chairman, Hussain Al Nowais, but exact details on how many deals […]
The chairman of Senaat, Hussain al Nowais, has hired two companies to sell share units of the Abu Dhabi-based holding company. Senaat is the state-owned holding company in the UAE that is working with HSBC Holdings and JPMorgan Chase for the sale of the units. Originally, Senaat had plans to sell share units a year […]
In capital of The United Arab Emirates, Abu Dhabi, the 7th annual Global Financial Markets Forum was held during the first two days of March. The GFMF conference was organized by the National Bank of Abu Dhabi where over 1,300 attendees arrived to discuss the opportunities and challenges posed by today’s world economy. During the […]
The United Arab Emirates is becoming the land of opportunity with the emergence of small and medium enterprises (SMEs) offering more jobs, innovation and a much needed boost to the overall economy. The country is in the midst of a financial change, for the better, as key investors continue to help fund SMEs. Traditional bank […]
When Cole Hamels told USA Today earlier this week that he’s a competitor and wants to win and it wasn’t going to happen in Philadelphia, the writing was on the wall: he didn’t want to be in Philadelphia anymore. Actually the writing on the wall has been there for a while; Amaro and the Philadelphia […]
As the weather warms up, so do the hearts of Philadelphians. They don’t call it the City of Brotherly Love for nothing. However, with so many events out there, how does one know which event to choose? Ultimately, you’ll want to choose a cause that is near and dear to your heart, but if you […]