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: October 9, 2014
INTERNATIONAL. General John Allen is due in Turkey in an effort to resolve tensions; Turkey considers the Obama administration "overly cautious in this region."
Posted: October 8, 2014
INTERNATIONAL. "We are at the stage of exploring this," British Foreign Secretary Philip Hammond said, after talks with John Kerry at the State Department.
Posted: October 8, 2014
INTERNATIONAL. As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.
Posted: October 7, 2014
INTERNATIONAL. After days of fighting outside Kobani, about 2,000 militants entered late yesterday, Turkey's official Anadolu news agency said.
Posted: October 7, 2014
INTERNATIONAL. EU anti-trust regulators have opened a probe into Internet shopping giant Amazon's tax arrangements with Luxembourg, which may amount to illegal state aid.
Posted: October 7, 2014
INTERNATIONAL. Turkey's behavior can be perplexing and frustrating to Western leaders, but the country's combination of reticence in action and audacity in rhetoric can be traced back to many of the same issues that confronted Istanbul in 1919.
Posted: October 6, 2014
INTERNATIONAL. The militants entered an eastern district of the city and raised a flag but were forced to withdraw after less than an hour, a member of a pro-Kurdish party said.
Posted: October 5, 2014
UAE. The UAE has expressed surprise after US Vice President Joe Biden suggested the Gulf state had armed and financed rebels in Syria, along with other regional powers.
Posted: October 5, 2014
QATAR. Rapid growth in the non-hydrocarbon sector (11.3%) was spurred by large investments in major infrastructure projects and by the fast growing population; The hydrocarbon sector declined 2.2% as a result of lower crude oil production and temporary gas production shutdowns.
Posted: October 4, 2014
UAE. The exceptional strength of Abu Dhabi's net asset positions also provides a buffer to counter the negative impact of oil price volatility on economic growth and government revenues, as well as on the external account; The outlook is stable.
Posted: October 4, 2014
INTERNATIONAL. Alan Henning, a 47-year-old taxi driver, was part of an aid convoy taking medical supplies to a hospital in northwest Syria last year when it was stopped by gunmen and he was abducted.
Posted: October 3, 2014
SAUDI ARABIA. The annual Muslim hajj by close to two million believers from around the world reached its zenith on a vast plain in western Saudi Arabia Friday.
Posted: October 2, 2014
INTERNATIONAL. Islamic State insurgents in Iraq have carried out systematic war crimes or crimes against humanity that demand prosecution, the United Nations said.
Posted: October 2, 2014
INTERNATIONAL. The ECB will "start purchasing covered bonds and asset-backed securities (ABSs) in the fourth quarter of 2014, starting with covered bonds in the second half of October."
Posted: October 2, 2014
UAE. "If the GCC is to maintain long-term sustainable growth, it will be very important to invest in education, increase productivity, and attract more foreign direct investment into high value industries, and step up more diverse export industries that are not dependent on commodities."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 16, 2014
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
date:Posted: October 15, 2014
UAE. The IMF revises GCC growth higher, but GCC equities head lower; Concerns on global growth spur flight to safety; The USD may have peaked short-term.
date:Posted: October 15, 2014
UAE. Expedia/Egencia study examines how mobile devices impact travel; Second only to India, UAE travelers are the most dependent on mobile devices - with 86% saying their smartphone is "very important/critical" versus 76% globally.
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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