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Egypt

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Posted: 09-08-2011
EGYPT. Egypt should be careful what it wishes for. According to YouGov‟s latest survey of Egyptian public opinion, a majority of 67% want Hosni Mubarak, their deposed president, to face a death sentence if convicted of the charges against him. This compares with only 22% who oppose the sentence. Among the age groups of 18-24 and 25-29, support for execution rises to 77% and 70% respectively. It may be popular, but this event could actually do more harm than good to the progress of reform in Egypt. The YouGov figures are hardly surprising, given that justice for Mubarak was a key demand o
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 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.
Posted: August 26, 2014
UAE. The UAE had no comment after U.S. officials said warplanes from the Gulf state had secretly bombed Islamist militia targets in Libya flying from bases in Egypt.
Posted: August 26, 2014
EGYPT. Egypt scrapped a bond auction for the first time this quarter amid concern banks would drive up borrowing costs as government certificates financing the Suez Canal's expansion compete for depositor funds.
Posted: August 25, 2014
UAE. With its oil wealth, population growth and strong demand for industrial and consumer goods, the MENA region is an attractive market. There are, however, potential pitfalls in doing business, particularly when it comes to appointing local agents to distribute products in the region.
Posted: August 21, 2014
EGYPT. The Suez Canal is the fastest shipping route between Europe and Asia and brings in around US$5 billion in revenues per year; Bahrain-registered engineering firm Dar al-Handasah Shair and Partners, is part of the consortium.
Posted: August 19, 2014
INTERNATIONAL. The leading human rights lawyer has detailed the injustices in the Egyptian trial of three Al Jazeera English journalists in an incisive opinion piece for the Huffington Post.
Posted: August 19, 2014
UAE. Executives and junior executives are especially in demand amongst MENA employers, according to Bayt.com and YouGov survey.
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 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 8, 2014
INTERNATIONAL. Israel launched air strikes across the Gaza Strip on Friday in response to Palestinian rockets fired after Egyptian-mediated talks failed to extend a 72-hour truce.
Posted: August 6, 2014
UAE. It is said that education is the best investment you can make for yourself and for your children. The affluent population in the Middle East appear to agree. They are also amongst the most digitally plugged-in in the world.
Posted: August 6, 2014
UAE. 2Q 2014 gross revenues of US$187 million and gross profit of US$85 million, 30% and 35% higher than 2Q 2013 respectively; Strong production growth of 17% in 2Q 2014 to 72,200 boepd; Interim relief award in Kurdistan Region.
Posted: August 6, 2014
INTERNATIONAL. Fighting killed 1,875 Palestinians and 67 Israelis; Officials on both sides confirmed sending small teams to Cairo, but they bring conflicting demands and face an uphill diplomatic battle.
Posted: August 5, 2014
EGYPT. Egypt plans to dig a new channel parallel to the Suez Canal in an US$8.4 billion venture to boost capacity at the vital global waterway, marking a new era of regeneration after the 2011 revolution.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 30, 2014
INTERNATIONAL. "I believe that in the wake of the Gaza war and the basis on which the ceasefire was established, a new momentum for peace negotiations might have been created."
date:Posted: August 30, 2014
QATAR. Price increases may suggest a potential overheating of the real estate sector. Closer analysis, however, indicates that the increase is still within the fundamentals of Qatar's fast growing economy and rapid population growth.
date:Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
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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