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Posted: May 25, 2016
SAUDI ARABIA. Recent resolutions indicate a growing approach by the Ministry of Labour to require the complete Saudisation of certain activities within the retail sector. This article examines the existing requirements and also the proposal for a weighted Nitiqat.
INTERNATIONAL. IETA survey, conducted by PwC, measures carbon market sentiment; An overwhelming majority of respondents expect an expansion of carbon markets.
UAE. "The current weakness in some submarkets of Dubai's office market is expected to persist, with further rental declines likely as we move into the summer months."
INTERNATIONAL. EURUSD was stuck in 30 pips trading range as traders await German ZEW economic sentiment survey; Greece is expected to receive the much needed 10 billion euros in new loans.

MIDDLE EAST BUSINESS SECTORS

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2016
SAUDI ARABIA. Recent resolutions indicate a growing approach by the Ministry of Labour to require the complete Saudisation of certain activities within the retail sector. This article examines the existing requirements and also the proposal for a weighted Nitiqat.
date:Posted: May 24, 2016
INTERNATIONAL. 52% of companies don't have the necessary data to enhance insight into mobility plans; More than a third (35%) struggle to secure the right talent for mobility; 72% are not tracking the success of their international assignments.
date:Posted: May 24, 2016
UAE. "The current weakness in some submarkets of Dubai's office market is expected to persist, with further rental declines likely as we move into the summer months."

MIDDLE EAST COUNTRIES

INTERNATIONAL. This announcement makes Swedish firm FrontOffice the first successfully crowdfunded company in Scandinavia - and one of the first in Europe - to be listed on a stock exchange.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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