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 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
Posted: April 9, 2014
INTERNATIONAL. With tensions again on the boil in Ukraine, Kerry said he would meet next week with Russian Foreign Minister Sergei Lavrov, as Washington seeks to tamp down the crisis.
Posted: April 7, 2014
INTERNATIONAL. Europe faces its biggest electoral challenge in May and if Brussels listens to voters, it could mark a decisive turning point for the failing EU experiment. But there are fears that the opportunity will slip through its hands.
Posted: April 7, 2014
QATAR. Implementation of large infrastructure projects and higher population continue to drive double-digit growth in the non-hydrocarbon sector; For 2013 as a whole, real GDP grew 6.5%, according QNB Group.
Posted: April 4, 2014
QATAR. The stable outlook balances S&P's view of Qatar's high economic wealth and strong external and fiscal positions against its institutional shortcomings and limited monetary flexibility.
Posted: April 4, 2014
LIBYA. The prospects for a recovery in oil exports moved closer after rebels said they agreed in principle with the government to allow a resumption.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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."
date:Posted: April 16, 2014
UAE. Apartments sector witnessed increase of 29% whilst villa rentals have grown by 15% year on year; Over the next four years roughly 65,000 new residential units penned for completion.
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.
dhgate