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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: August 25, 2017
KUWAIT. Saudi Arabia, Bahrain and Kuwait put up positive corporate earnings growing by 7%, 6% and 2% respectively.
Posted: August 23, 2017
UAE. New developments expected to be announced at the Building Healthcare Innovation & Design Show, now co-located with Cityscape Global in 2017; Building Healthcare's new congress format to offer 6 dedicated conferences under the theme "Starting with the End in Mind".
Posted: August 21, 2017
UAE. According to MEED Projects, just US$56bn worth of contracts were awarded in H1 2017 compared with US$69bn over the same period in 2016; Long-term prospects bright with over US$2 trillion of known active projects in the pipeline across the GCC.
Posted: August 14, 2017
UAE. Al Masah Capital: A set of disappointing regional earnings for Q2 coupled with negativity on the global scene had its effect with a subdued market performance last week.
Posted: August 10, 2017
UAE. Dubai recorded the highest H1 2017 RevPAR at US$209; Softer global and regional market economic conditions made the first six months of 2017 challenging for the hospitality industry, which is expected to continue the rest of the year.
Posted: August 7, 2017
UAE. Dubai, Abu Dhabi, Kuwait and Oman ended the week up by 1.9%, 0.6%, 0.3% and 0.2% respectively. Qatar was the worst performer losing 1.7%.
Posted: July 14, 2017
UAE. Gold Medal has reported a remarkable 294% rise on the previous year in forward 2017 summer holiday bookings from the UK to the UAE capital.
Posted: July 10, 2017
UAE. Geopolitical tensions weighed down on investors' sentiments affecting regional markets' performance.
Posted: July 5, 2017
UAE. The iconic British retailer will supply bedding and amenity kits in Club World as part of the airline's 400m pounds customer investment plan.
Posted: June 22, 2017
UAE. The new risk tool uses a bespoke seismotectonic source model to give a more accurate assessment of earthquake risk in the UAE and 10 other regional countries.
Posted: June 2, 2017
UAE. A.M. Best briefing states that as implementation laws have yet to be passed, this has resulted in a debate as to whether the target date is achievable.
Posted: May 15, 2017
UAE. UAE, Saudi Arabia, Qatar, Kuwait and Oman's aviation infrastructure to help fuel travel and tourism sectors and accelerate economic growth; Around 46% of region's aviation projects are located in Saudi Arabia; More than two-thirds are being executed in the GCC.
Posted: May 3, 2017
BAHRAIN. Three Egyptian teams scoop the top prizes; Lebanon, Jordan and UAE teams share secondary prizes that total US$160,000
Posted: May 2, 2017
UAE. Latest MEED research shows improvement despite spending cuts; Private sector investment will be a key driver of new construction opportunities in 2017.
Posted: April 26, 2017
KUWAIT. Factors such as big data and artificial intelligence will impact current models for investment research and asset management, although the GCC has been relatively slower in its adoption of Fintech innovations.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 22, 2017
UAE. Results announced at the Knowledge Summit 2017 in Dubai; The index identifies knowledge as an integral part of human life, affecting its social, economic and cultural aspects, as well as an engine for comprehensive and sustainable human development.
date:Posted: November 22, 2017
UAE. Ascertaining the impact VAT will have on a business and the changes required is an essential step in any VAT implementation process, businesses told at ACCA, Thomson Reuters event.
date:Posted: November 21, 2017
UAE. ICA Conference in Dubai to discuss importance of GCC sovereign wealth funds.
UAE. Innovation Live! is a collaborative initiative to connect the government and the private sector; Recommendations put forward include focus on the fourth industrial revolution as well as R&D in Artificial Intelligence, semiconductors, nanotechnology and 3D printing.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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