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  Volume: XXIV, Issue No. 07 November 16-30, 2014  


Globalisation is recovering from financial crisis
_A Monitor Report Bonn : DHL, the global logistics leader, on November 4 released the third edition of its Global Con-nectedness Index (GCI), a detailed analysis of the state of globalisation around the world. The latest report shows that global connectedness, measured by cross-border flows of trade, capital, information and people, has recovered most of its losses incurred during the financial crisis. Especially the depth of international interactions_ the proportion of interactions that cro. More...
Aramex posts 16pc rise in Q3 net profit
_A Monitor Report Dubai : Dubai courier Aramex reported a 16 per cent rise in third-quarter net profit on Oc-tober 27, missing analyst forecasts. Aramex made a quarterly net profit of Dhs69.5 million (US$18.95 million) in the three months to September 30, up from Dhs 59.9 million in the corresponding period of 2013, it said in a statement. Analysts polled by Reuters on average forecast Aramex's third-quarter profit would be Dhs74.8 million and up 25 per cent year on year. Third-quarter reven. More...
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