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: April 13, 2014
INTERNATIONAL. The Interior Minister hit out at what he called a "display of aggression by Russia" as heavily armed separatist militants launched a series of attacks on police headquarters.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 12, 2014
UAE. "Dubai's attraction as an investment hotspot was never greater," says Hamed Mokhtar, Managing Director at Fortress Investments.
Posted: April 12, 2014
QATAR. Overall, the global growth picture remains mixed, with only the GCC (particularly Qatar) and Sub-Saharan Africa registering strong growth and a positive outlook.
Posted: April 12, 2014
INTERNATIONAL. U.S. cites the envoy's links to the 1979-1981 hostage crisis; The dispute may disrupt delicate negotiations over Iran's nuclear program.
Posted: April 11, 2014
KUWAIT. The topic has featured extensively in local media and prompted a rare statement from the ruler's office, which told people to stop discussing the case in order to preserve national unity.
Posted: April 11, 2014
INTERNATIONAL. The USD looks set to leave behind its winter doldrums, while the euro could be in for a tougher quarter. But Russia's intervention in Ukraine could scupper markets if the crisis escalates.
Posted: April 11, 2014
LEBANON. Ratings agency affirmed 'B-/B' long- and short-term foreign and local currency sovereign ratings; The formation of a new government, which now brings together rival political groups, reduces the risk of a widespread escalation of domestic conflict.
Posted: April 10, 2014
KUWAIT. Growth will be supported by resilient oil production, which forms the bulk of exports, on-going recovery in the non-oil sector, strong public and private investment in infrastructure projects and increasing foreign direct investment (FDI).
Posted: April 10, 2014
INTERNATIONAL. Investors snapping up 3 billon euros of 5-year bonds; Further sign that eurozone may be exiting debt crisis; Real economy remains bleak, politics toxic.
Posted: April 10, 2014
INTERNATIONAL.The global economy may not be in a stellar growth mode, but there is every sign that a recalibrated engine is shifting into a higher gear. Even Russia, albeit with the potential for disaster from the Ukraine crisis, could make a significant contribution.
Posted: April 10, 2014
INTERNATIONAL. Benjamin Netanyahu ordered cabinet ministers to stop meeting with their Palestinian counterparts, hours after the U.S. blamed Israel for the breakdown of peace talks.
Posted: April 9, 2014
UAE. The UAE is set to grow 4.4% this year, compared with an estimate of 3.9% in October. With real estate prices rising at a fast pace "the award of World Expo 2020 has further strengthened growth prospects," the fund said in its World Economic Outlook.
Posted: April 9, 2014
INTERNATIONAL. Pick up in advanced economies but global recovery still uneven and subpar; Risks include low inflation, potential capital flow reversals, and geopolitical uncertainties
Posted: April 9, 2014
INTERNATIONAL. But despite an expected drop in their current account surpluses, most Gulf Cooperation Council economies continue to have "substantial buffers" to cope with short-lived price shocks, the IMF said in its World Economic Outlook

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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