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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: October 23, 2015
KUWAIT. At yesterday's second annual IFN Kuwait Forum the elite of the GCC industry gathered together to analyze the exciting opportunities in this unique market.
Posted: October 8, 2015
UAE. Changes are likely to cushion the industry's financial soundness in the long run, but their cost could prove challenging for smaller insurers in the short term; Regulators will need to step up their game in order to take on the more sophisticated supervisory requirements.
Posted: October 3, 2015
KUWAIT. Kuwait Finance House (KFH) participated as a primary dealer for short-term sukuk issued by the International Islamic Liquidity Management (IILM).
Posted: September 30, 2015
UAE. Study reveals insights about the lives of residents in the GCC; Safe place to live and work, possibility of making good friends and having a comfortable lifestyle are main attractions.
Posted: September 23, 2015
INTERNATIONAL. The region's modern day projection of a visionary cutting- edge, 21st century urban environment masks however the fact that some things have not changed.
Posted: September 21, 2015
INTERNATIONAL. On September 10th the EIA reported a production decline in the Lower 48 - essentially shale production - of 208,000 BOPD. That is a staggeringly enormous number.
Posted: September 21, 2015
UAE. Debt issuance by corporate and infrastructure companies has fallen by 58% in the past 12 months to about $7 billion. This also reflects S&P's view that the credit cycle has reached a potential tipping point, with higher pricing anticipated going forward.
Posted: September 17, 2015
UAE. Forbes Middle East unveiled lists; Lubna Al Olayan leads the 100 Most Powerful Businesswomen list; Egypt has the most number of entries in total at 22, followed by the UAE and Lebanon at 17; Nemat Shafik leads the Arab women globally.
Posted: September 15, 2015
UAE. Aon Hewitt's annual salary increase survey reports GCC faring better than most oil producing nations in the Middle East; Kuwait tops GCC chart with 5.2% projected increase, with Bahrain rounding out the list with a projected 4.7% increase.
Posted: September 15, 2015
KUWAIT. Finance leaders gathering for Euromoney Conference highlight nation's financial reserves, low extraction costs and human resources.
Posted: September 4, 2015
UAE. The Middle East's 16 largest centres of economic growth could have substantial risk from a series of threats over the next decade, according to research for Lloyd's.
Posted: August 18, 2015
UAE. GCC governments understands the urgent need for fiscal-sustainability in the long-term. This urgency, according to Deloitte's latest report, would be addressed if GCC governments could commit to the domestic implementation of a broad-based Value Added Tax on goods and services.
Posted: August 16, 2015
KUWAIT. The sharply lower oil price environment since mid-2014 significantly reduced S&P's forecast of Kuwait's fiscal and external surpluses. However, Kuwait has built up very large fiscal and external net asset positions over many years, which will help it weather the current environment; The outlook is stable.
Posted: August 12, 2015
UAE. Transborder rail transport in the Arabian Peninsula dates back to the early 20th century and the Hejaz Railway which linked Damascus in Syria to Medina in Saudi Arabia; Over a century following its closure, the GCC is now embarking on one of the largest modern cross-border rail networks in the world.
Posted: August 12, 2015
INTERNATIONAL. World Bank report projects lower export earnings and revenue for MENA's other oil exporters, such as the Gulf States and Libya, while oil importers in the region, such as Egypt and Tunisia, will benefit from lower world prices.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 8, 2016
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
date:Posted: February 8, 2016
UAE. On a city wide basis, capital appreciation since 2009 has been a mere 16%, whereas the total returns including rent during the same period have been close to 70%.
date:Posted: February 7, 2016
UAE. The markets are looking for help as the US economy joins the pack with weaker than expected growth; Dollar weakness provides relief for Asia.
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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