Flip Media bought by Publicis as Dubai digital media enters rapid growth phase
French media giant Publicis has bought the Dubai-based digital media agency Flip for an undisclosed sum, making the founders wealthy men.
Digital media only represented around four per cent of regional advertising spend at $160…
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Abu Dhabi resumes museum projects after spending review
Last year Abu Dhabi slammed the breaks on public spending and contractors complained that the situation was like the sudden stop in Dubai three years earlier, with $30 billion worth of projects put on hold…
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Eurozone and Iran to top Davos agenda as recession looms
It is that time of year again when all the leaders of the business world assemble in Davos in Switzerland to discuss the future with invited guests from governments and academia.
Nothing is actually decided…
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UAE is the friendliest country on earth for expatriates
A survey of expatriates from HSBC Expat, as the old international division has been renamed, has judged the United Arab Emirates as the least friendly country in the world for expatriates which came as a…
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Hotel review: Viceroy Yas Hotel pulls into pole position in Abu Dhabi
Any hotel with a Formula One racing track splitting it into two parts is bound to be rather unusual. The Viceroy Yas Hotel in Abu Dhabi is that and more with a futuristic interior straight…
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World Bank conclusion that China can grow at 8% a year for 20 years is like Japan versus the US in 1990
Economists are an unimaginative breed, projecting the past into the future and calling that a forecast. ArabianMoney was reminded of that yesterday at a seminar organized by the DIFC. One chap said the worst investment…
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What’s the safest investment: gold bullion, US treasuries or a Picasso?
Deciding the relative merits of different assets can provide quite an insight into what is presently driving investment markets. It is also a somewhat different approach to the news focus that ArabianMoney generally offers its…
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$105k Cavalli Club bill shows overpricing of alcohol in Dubai
A bill from the Cavalli Club that came to over $105,000 has gone viral on Twitter today, and the customers did not even order anything to eat!
The bill is being immediately seen as a…
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Dubai Metro to get Dubai Mall walkway, DIFC next?
Commuters, shoppers and tourists who currently make the 800-metre walk from the Dubai Metro station to the Dubai Mall and Burj Khalifa will benefit from a new air-conditioned walkway next year, according to an announcement…
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Why Twitter is so valuable to Arabia and it’s not the IPO
What the value of Twitter, the US-based, social media, micro-blogging website? Rupert Murdoch signed up for this free service last weekend. Will he find it valuable enough to invest in an upcoming IPO?
Yesterday ArabianMoney…
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