Politics & Economics

FEATURED REPORT...
Posted: 19-07-2011
INTERNATIONAL. Something extraordinary, albeit not unexpected, is happening in the Persian Gulf region. The United States, lacking a coherent strategy to deal with Iran and too distracted to develop one, is struggling to navigate Iraq’s fractious political landscape in search of a deal that would allow Washington to keep a meaningful military presence in the country beyond the end-of-2011 deadline stipulated by the current Status of Forces Agreement. At the same time, Saudi Arabia, dubious of U.S. capabilities and intentions toward Iran, appears to be inching reluctantly toward an accommod
Posted: August 15, 2014
KUWAIT. Kuwait confirms the network layout for its new US$20 billion metro with construction due to begin in 2017; KNPC to invest US$35 billion on expanding oil and gas projects over the next five years.
Posted: August 15, 2014
IRAQ. Maliki ended eight years of often divisive, sectarian rule and endorsed fellow Shi'ite Haider al-Abadi in a televised speech during which he stood next to his successor.
Posted: August 14, 2014
INTERNATIONAL. Realism counsels caution, because a bias for action can often lead to disaster. But actually Obama is not a realist, yet he understands restraint. He rushes in with drones and advisers rather than with ground troops. But that is only the beginning of realism, not its culmination.
Posted: August 14, 2014
INTERNATIONAL. Germany contracted by 0.2% on the quarter, undercutting Bundesbank forecasts that it would stagnate, with foreign trade and investment notable weak spots.
Posted: August 14, 2014
INTERNATIONAL. A renewed truce between Israel and Hamas appeared to be holding, after both sides agreed to give Egyptian-brokered talks more time to try to end the Gaza war.
Posted: August 14, 2014
INTERNATIONAL. Mission to evacuate Iraqi civilians trapped on Mount Sinjar is far less likely after a U.S. assessment team found the humanitarian situation not as grave as expected.
Posted: August 13, 2014
INTERNATIONAL. Cameron declined to give details of the operation but said Britain would play a role, just as it had worked alongside the United States in conducting humanitarian aid drops.
Posted: August 13, 2014
SYRIA. Islamic State's latest gains include the towns of Turkmen Bareh and Akhtarin, 50 km northeast of Aleppo, the Syrian Observatory for Human Rights said.
Posted: August 13, 2014
IRAQ. "I confirm that the government will continue and there will not be a replacement for it without a decision from the federal court," Maliki said in his televised weekly address.
Posted: August 12, 2014
INTERNATIONAL. It remains unclear how much support Maliki, who remains acting premier, has to obstruct the formation of a new administration. Key military commanders said they would support al-Abadi.
Posted: August 12, 2014
INTERNATIONAL. German investor confidence fell to the lowest level since 2012 as the crisis in Ukraine and a sluggish euro-area recovery damp the outlook for Europe's largest economy.
Posted: August 12, 2014
INTERNATIONAL. Kiev and Western governments warned Moscow against any attempt to turn the operation into a military intervention by stealth in a region facing a humanitarian crisis.
Posted: August 12, 2014
INTERNATIONAL. "Sovereign creditworthiness will likely remain the main driver behind bank ratings changes. But we note that many other risk metrics for the banks have remained fairly resilient, from profitability to funding and asset quality."
Posted: August 12, 2014
INTERNATIONAL. African Leaders commit to end hunger by 2025 through investments in agriculture.
Posted: August 11, 2014
IRAQ. President Fouad Masoum asked Haider al-Abadi to lead an administration that can win the support of parliament and urged him to "form a broader-based government."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 20, 2014
UAE. Rising geopolitical tensions and slowing global growth; GCC markets remain steady in spite of increased global volatility; Commodity prices soft on China bank data.
date:Posted: August 20, 2014
UAE. "In the short term, Erdogan's election signals a sign for continuity for Turkey. However, in the medium to longer term, questions remain. As in any political arena, a concentration of power and reduction of checks and balances carries negative risks."
date:Posted: August 20, 2014
UAE. Dubai has a bold vision to become the world's most visited city by 2020. The Director of Dubai's Tourism department, Helal Saeed Almarri, discusses how his team will make it happen.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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