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Posted: 14-03-2009
KUWAIT.Kuwait will cooperate with France in the field of nuclear power, the deputy prime minister of the Gulf nation said on Friday, hinting it could take a stake in French nuclear group Areva. Speaking after a meeting with President Nicolas Sarkozy, Sheikh Jaber Moubarak Al-Hamad Al-Sabah said the two leaders had discussed the possible purchase of French military material and the issue of energy and nuclear reactors. Asked if Kuwait would cooperate with France in the domain of nuclear energy for civilian use, he said: "Yes." In response to a question on whether Kuwait was among the Gulf co
Posted: March 5, 2015
UAE. Qatar, Saudi Arabia and Kuwait all ranked in the top 10, with the three nations performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel.
Posted: March 4, 2015
UAE. The strong fiscal positions of most GCC sovereigns curb the need for debt or sukuk issuance to meet financing needs for infrastructure projects or deficits.
Posted: March 1, 2015
UAE. Residential (US$28bn), Commercial (US$11.46bn) and Education (US$7.13bn) were the leading sectors; Initial market indicators suggest sustained growth in 2015 with an estimated 21% increase in construction projects awarded across the GCC.
Posted: February 28, 2015
UAE. In S&P's view, the sharp drop in oil prices since mid-2014 is likely to lead to weakening economic, external, and fiscal profiles for the region, particularly for the GCC.
Posted: February 19, 2015
UAE. Sherpa Kids International - a company that runs before and after school clubs and holidays activities for primary school-aged children - is launching its wide-ranging programme of activities in the Middle East.
Posted: February 17, 2015
UAE. In 2015 the majority of businesses expect to increase salaries by a maximum of 5%; Working professionals believe their monthly salaries will jump by over 10% this year, according to the Hays GCC 2015 Salary & Employment report, just published.
Posted: February 15, 2015
KUWAIT. KFH achievements in the Sukuk market highlights its position as global market maker.
Posted: February 14, 2015
KUWAIT. Kuwait has built up large fiscal and external net asset positions over many years, which will help it weather the current fall in the oil price; Outlook stable.
Posted: February 10, 2015
UAE. Rapidly growing populations and per capita incomes, rising life expectancies, a high incidence of lifestyle-related diseases, and ambitious medical infrastructure projects are driving health care industry growth in the Gulf Cooperation Council states, says new Deloitte healthcare report.
Posted: February 7, 2015
KUWAIT. Kuwait Finance House's brand value increased by US$148 million to US$953 million, according to the valuation of Brand Finance agency published by "The Banker" magazine.
Posted: January 23, 2015
KUWAIT. Strong growth in American supply boost non-OPEC output by 3.65% in 2014; OPEC not opting for output cut to halt drop in price; Downside risks prevail as world supply increases.
Posted: January 21, 2015
UAE. Strong growth momentum in GCC countries continues, economic recovery in oil importers is on track; Oil exporters diversified their economies, but still heavily dependent on hydrocarbon sector in terms of budget and export revenues; Oil importers face higher risks of geopolitical tensions.
Posted: January 21, 2015
KUWAIT. "Investing in New Realities" to be held on 10th February for the first time in Kuwait; Industry experts from across the MENA region to discuss finance and new investment opportunities.
Posted: January 20, 2015
UAE. 61% feel they deserve to work in a higher level position, and 50% state that a key reason for seeking employment is to be financially independent.
Posted: January 15, 2015
KUWAIT. Some upward drift in inflation will be seen going into 2015, as core pressures rise and food prices start to unwind, but inflation should remain in the 3-4% range over the next two years. We expect inflation to average 3.5% in 2015.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 5, 2015
UAE. Regional chemicals companies should capitalize on the opportunity to acquire international chemicals assets as a result of divestitures, says A. T. Kearney.
date:Posted: March 5, 2015
INTERNATIONAL. US companies remain optimistic, but worry about China's economic slowdown, pace of reform and perceptions of regulatory bias against international companies.
date:Posted: March 5, 2015
UAE. Qatar, Saudi Arabia and Kuwait all ranked in the top 10, with the three nations performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel.
UAE. Qatar, Saudi Arabia and Kuwait all ranked in the top 10, with the three nations performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel.
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