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 28, 2014
INTERNATIONAL. The second government shake-up in just five months rocked a country already battered by a jobless rate of more than 10%, high taxes and a budget deficit that stubbornly refuses to come down to the EU ceiling of 3% of GDP.
Posted: August 28, 2014
UAE. Dubai World, the state-owned company at the center of the emirate's 2009 financial crisis, reached a deal with its main creditors to extend the repayment of US$10.3 billion of debt, according to people with knowledge of the matter.
Posted: August 28, 2014
QATAR. Three Saudi princes, including Foreign Minister Prince Saud al-Faisal, flew to Qatar Wednesday as part of a diplomatic push to repair a rift in the Gulf Cooperation Council.
Posted: August 27, 2014
INTERNATIONAL. U.N.-mandated human rights investigators said Wednesday that they believed the Syrian government dropped the chemical agent chlorine on civilian areas
Posted: August 27, 2014
INTERNATIONAL. The U.N. report is based on 480 interviews and documentary evidence gathered by its team, which is trying to build a case for future criminal prosecution.
Posted: August 27, 2014
INTERNATIONAL. Aircraft from the United Arab Emirates and Egypt attacked militia forces in Libya over the past week, the Pentagon's spokesman said, disapproving of the intervention.
Posted: August 27, 2014
INTERNATIONAL. Christine Lagarde has been placed under formal investigation by French magistrates for negligence in a political fraud affair dating from 2008 when she was finance minister.
Posted: August 27, 2014
INTERNATIONAL. In a clear break with the left flank of his ruling Socialists, Hollande caught everyone off guard with the appointment of Emmanuel Macron, a 36-year-old ex-Rothschild banker.
Posted: August 27, 2014
INTERNATIONAL. The reported initiative by Qatar coincides with an effort by the Gulf state to rebut accusations that it supports the most anti-Western militant armed groups in Iraq and Syria.
Posted: August 27, 2014
INTERNATIONAL. No clear victor emerged from what had become a war of attrition between the Middle East's most powerful armed forces and the dominant Hamas militant movement in the Gaza Strip.
Posted: August 26, 2014
SYRIA. "The cooperation has already begun and the United States is giving Damascus information via Baghdad and Moscow," one source close to the issue said on condition of anonymity.
Posted: August 26, 2014
SAUDI ARABIA. New guide explores kingdom's changing business climate as non-oil growth gains pace.
Posted: August 26, 2014
INTERNATIONAL. Iran's deputy foreign minister Hossein Amir Abdollahian met with Saudi Arabia's foreign minister in Riyadh Tuesday as the two rivals seek to counter Islamist militants in Iraq.
Posted: August 26, 2014
INTERNATIONAL. The presidents of Russia and Ukraine shook hands ahead of key talks, though with little hope for a breakthrough to end the raging conflict pitting Kiev against pro-Moscow separatist rebels.
Posted: August 26, 2014
IRAQ. "We asked for weapons and Iran was the first country to provide us with weapons and ammunition," Kurdistan President Massoud Barzani said at a joint press conference with Iranian foreign minister Mohammad Javad Zarif in Arbil.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 1, 2014
INTERNATIONAL. Oil markets since 2011 have become less price sensitive to actual supply disruptions, especially to those geopolitical events that have taken place since the Arab Spring.
date:Posted: September 1, 2014
JORDAN. The market recorded an increase in profit after tax to JOD 13.7 million in 2013, stemming from improved returns on underwriting and investment activities. Partially assisting this recovery has been the bullish performance of the Amman stock exchange.
date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
JORDAN. The market recorded an increase in profit after tax to JOD 13.7 million in 2013, stemming from improved returns on underwriting and investment activities. Partially assisting this recovery has been the bullish performance of the Amman stock exchange.
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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