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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: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 28, 2014
KUWAIT. August oil production was 2.89mln bpd; Tenders to build Kuwait's Al Zour refinery have been extended after delays and political opposition.
Posted: September 26, 2014
UAE. Regional private wealth will reach US$7.2 trillion by end of 2018, approx. 3.6% of total global wealth; "Some clients are under the mistaken belief that their wealth may be very high to use the services of wealth management experts."
Posted: September 25, 2014
KUWAIT. Surplus is 1.6% higher than previous year; Total received revenues in the fiscal year 2013/2014 amounted to KWD31.8bln; KFH Research continues to forecast a surplus of 17.9% in FY2014/15.
Posted: September 23, 2014
UAE. "On the whole, the outlook for the region is a good one;" 35% of respondents claim job opportunities will increase; Concerns about rising cost of living.
Posted: September 22, 2014
QATAR. Based in Qatar, Nick Witty is returning to the region after a brief spell in the UK and will be leading real estate advisory by assisting clients to identify, appraise, value, fund and deliver real estate projects,
Posted: September 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
Posted: September 16, 2014
KUWAIT. Clients can now open gold accounts and implement selling and purchasing transactions; Service plays a significant role in the innovation of sharia-compliant products as well as in the diversification of investments.
Posted: September 12, 2014
KUWAIT. A strong bullish trend is currently being witnessed with some fluctuation along the way. The DSM Index is now traded at a new record high and ended the week at 14,088.82 points.
Posted: September 12, 2014
KUWAIT. A step towards building a regional and global financial direct investment market; The Saudi bourse is the largest in the region with a market capitalization of about US$550 billion.
Posted: September 9, 2014
EGYPT. US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State.
Posted: September 8, 2014
SAUDI ARABIA. Hydrocarbon revenues in KSA and Kuwait make up to 90% plus of total revenues; Leading GCC economies remain susceptible to fluctuations in global energy prices, according to Alkhabeer Capital latest report.
Posted: September 8, 2014
KUWAIT. KFH takes top spot among banks locally and ranks 161st globally, in the list issued by "The Banker" international magazine, among the best Top 1000 banks worldwide.
Posted: September 6, 2014
KUWAIT. Islamic microfinance plays a prominent role in supporting the utilisation for financial services; Financial inclusion plays a critically important role in poverty reduction, reducing income disparities and increasing economic growth.
Posted: September 2, 2014
KUWAIT. Headline inflation is expected to average around 3.0% for 2014; Inflation rates across the GCC member states ranged between 1.2% and 3.1% in 1H14.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 20, 2014
INTERNATIONAL. The trajectory of Japan's economy has much to teach us about the wisdom of Keynesian policies. Those who are not blinded by left-wing dogma should take a good look at where the road of permanent stimulus ultimately leads.
date:Posted: November 20, 2014
INTERNATIONAL. The path to the acceptance of the participatory approach to development was forged, through trial and error, over several decades until the 1990s, when its global recognition by development practitioners became well-established.
date:Posted: November 20, 2014
INTERNATIONAL. There is a high degree of uncertainty over how the Iranian negotiations and the OPEC meeting will play out, but the end of November will be hugely important for energy markets.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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