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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: January 14, 2016
INTERNATINAL. Disputes in Kuwait's ruling Al Sabah family that sparked international sports sanctions against the Gulf state went again on public display this week.
Posted: January 12, 2016
KUWAIT. The company will provide unique educational curriculum that allows investors to improve their trading skills and develop their abilities in conducting specialized financial analysis for better trading decisions.
Posted: December 28, 2015
KUWAIT. Ahli United Bank's inclusion in the index was a result of MSCI's semi-annual index review process.
Posted: December 8, 2015
UAE. Agreements were reached in recent days by members of the GCC on certain design aspects of the VAT systems that are expected to be implemented around the region; The big question now is "when" not "if" VAT will be implemented, and, importantly, by which country (or countries) first.
Posted: December 1, 2015
KUWAIT. "Only a few companies have taken advantage of bond and sukuk markets to extend their liability profiles and diversify their investor base."
Posted: November 30, 2015
KUWAIT. Kuwait is promoting itself as a go-to destination for foreign investment through streamlining procedures for licensing and granting incentives and guarantees to help boost FDI.
Posted: November 18, 2015
UAE. Despite global economic uncertainties, GCC countries are better-placed than many parts of the world. They can expect continued strong, if slightly slower, growth going into 2016 according to a new ICAEW report.
Posted: November 12, 2015
UAE. Withholding taxes on payments made to foreign companies increased significantly since MENA countries lowered company tax rates to 10%-15%; Considerations for the introduction of VAT in the GCC and Egypt discussed at the EY MENA Tax Conference in Houston.
Posted: November 11, 2015
UAE. Report released ahead of World Diabetes Day calls for a coherent region-wide approach to tackle the growing diabetes burden.
Posted: November 11, 2015
KUWAIT. The rating confirms the confidence in KFH capability to fulfill its obligations yet emphasizes bank's robust financial position, solvency, and the multiple revenue sources.
Posted: October 27, 2015
KUWAIT. Action Digital and Action Global Communications will offer wholly integrated and bespoke on and offline communications strategy.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 28, 2016
UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
date:Posted: June 28, 2016
OMAN. Private wealth held by upper high-net-worth households in Oman is projected to increase by a healthy 8.8% over the next five years.
date:Posted: June 27, 2016
INTERNATIONAL. Markets participants are on edge and with many questions unanswered post the Brexit victory adding to the uncertainty, investor risk appetite has diminished.
UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
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