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Posted: April 19, 2015
UAE. Deloitte experts consider that residential transactions have slowed to a more sustainable level; Leveling off in capital growth, in certain areas; This new characteristic suggests a market that is in fact maturing and arguably strengthening.
INTERNATIONAL. The EIA once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output.
INTERNATIONAL. The latest World Bank Economic Monitor for the Middle East and North Africa expects GDP regional growth to remain flat at 3.1% to 3.3% for the rest of 2015 and for 2016.
INTERNATIONAL. Emirates President Tim Clark said at a press conference in London that engines for some of the 50 jets could be converted to more efficient neo types.

MIDDLE EAST BUSINESS SECTORS

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2015
UAE. Deloitte experts consider that residential transactions have slowed to a more sustainable level; Leveling off in capital growth, in certain areas; This new characteristic suggests a market that is in fact maturing and arguably strengthening.
date:Posted: April 19, 2015
INTERNATIONAL. The EIA once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output.
date:Posted: April 19, 2015
QATAR. The first Renminbi Clearance Centre (RCC) in the MENA region, to be located in Doha; The RCC will allow for claims denominated in RMB to be settled in Doha and exchanged for other currencies, including the Qatari Riyal (QAR).

MIDDLE EAST COUNTRIES

UAE. 3rd Edition of ArabNet returns to the UAE from May 27-28; Research by McKinsey &Co goes as far as saying that those who become digital leaders can expect 50% profit boosts in their next five years.
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