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
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.
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."
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.
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.
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.
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.
EGYPT. More than three years of political instability in the Arab world's most populous state has deterred investors and forced several of the benchmark index's biggest companies to leave the Cairo bourse.
EGYPT. EMC EMEA's leadership team shares key innovations and milestones of Egypt's Centre of Excellence; Reiterate commitment to customers and partners to help redefine the future of IT in Egypt, as "Third Platform" applications rise to prominence.
UAE. "In the short term, Erdogan's election signals a sign for continuity for Turkey. However, in the medium to longer term, questions remain. As in any political arena, a concentration of power and reduction of checks and balances carries negative risks."
INTERNATIONAL. Europe has been mired in an economic crisis for half a decade now. There have been constant predictions that Europe may finally be turning an economic corner, but if Germany's economy is contracting, it is difficult to believe that any corner is being turned.