ALGERIA. The Algerian government plans to privatise Algérie Telecom in the first half of the year, Communications Minister Boudjema Haichour said this week.The Minister stressed, however, that the state would maintain a majority stake in the firm. The government is seeking to partner with a foreign company in order to bring more technological added value. Companies interested in the estimated US$3 billion deal include Etisalat, France Telecom, Telefonica, Portugal Telecom and Deutsche Telecom. Algérie Telecom operates 3.5 million fixed lines, 4.0 million mobile lines and provides Intern
Posted: February 24, 2014
UAE. 90% of jobseekers in the Middle East and North Africa, say companies should position themselves as great places to work, according to Bayt.com survey.
Posted: December 10, 2013
INTERNATIONAL. Output from Saudi Arabia fell to a five-month low of 9.63 million barrels a day last month from 9.71 million in October, according to OPEC's monthly report.
Posted: December 5, 2013
INTERNATIONAL. A new research report by Jones Lang LaSalle on Africa, reveals that, as the world's most rapidly urbanising continent, the Sub-Saharan African commercial real estate market is primed for a "once in a lifetime" positive growth opportunity.
Posted: December 3, 2013
ALGERIA. GDP growth is expected to slow to 2.7% in 2013 from 3.3% in 2012, reflecting continued decline in hydrocarbon sector as well as the impact of fiscal consolidation.
Posted: December 3, 2013
UAE. Respondents in the MENA region want better work/life balance and more challenging work to be more engaged and less distracted, according to new Bayt.com survey.
Posted: November 26, 2013
UAE. New Global Talent Competitiveness Index ranks over 100 leading economies on their ability to attract and retain talent; UAE, Qatar, Saudi Arabia and Lebanon ranked in top 50; Switzerland and Singapore top global rankings.
Posted: October 22, 2013
UAE. With the Arab region's different generations becoming increasingly distinct, governments and business leaders must tailor their policies to meet these groups' varying objectives if they are to craft economic reforms and make their countries more competitive.
Posted: September 29, 2013
UAE. Social networking activities have changed employers' opinions of candidates, making a professional online presence more important than ever, according to Bayt.com survey.
Posted: September 24, 2013
ALGERIA. New power generation equipment to increase Algeria's generating capacity by nearly 70%; Six new power plants to address long-term electricity needs.
Posted: September 16, 2013
UAE. DSI to develop a turnkey mix use development project in Algeria.
Posted: September 15, 2013
UAE. Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, and Oman in particular will have dense urban conglomerations, with 45.1 million people expected to reside in GCC cities by 2020 - 85% of the total estimated population.
Posted: August 26, 2013
UAE. 95% of MENA respondents want to do more community service work, 41% say that they don't know where to start, reveals Bayt.com poll.
Posted: August 19, 2013
UAE. 69% of UAE companies 'definitely hiring' in the next quarter expect to take on up to 10 employees, according to the latest Bayt.com Job Index survey.
Posted: August 12, 2013
UAE. The bank applied for licenses in Algeria and Libya and is considering Tunisia and Morocco, CEO Tirad Mahmoud, said. We are seeking to expand in nations with "a critical mass in terms of population and economic activity."
Posted: July 22, 2013
UAE. 13% of UAE respondents claim that they are "extremely satisfied" with their life in general, according to a Bayt.com and YouGov survey. The top reasons for satisfaction are safety and security, and stability of political environment.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.