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Kuwait

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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 17, 2015
KUWAIT. Kuwait is cooperating with the IMF to discuss introducing a corporate tax for local companies, state news agency KUNA quoted Commerce and Industry Minister as saying.
Posted: March 17, 2015
UAE. Regardless of age and industry, the urge to learn is considerable in the Middle East and North Africa, according to a recent survey conducted by Bayt.com.
Posted: March 12, 2015
INTERNATIONAL. "When you throw in geopolitics, technological advances, and changes in tax policy, one quickly realizes that nobody knows which way oil prices are heading."
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 27, 2015
UAE. Industry must focus on cyber security, integration and analytics to reduce extraction costs and plug systemic skills crisis; Strategy firm releases white paper on data driven oil fields.
date:Posted: April 27, 2015
SAUDI ARABIA. Since its accession to the WTO in 2005, the Saudi Arabia has embarked on a dual process of opening its markets to foreign companies and regulating its labour market to promote employment for nationals.
date:Posted: April 27, 2015
UAE. "The market downturn is attracting selective opportunistic investment," according to Jesse Downs, Managing Director of Phidar Advisory; Real estate firm releases latest end-quarter residential research note.
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