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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: April 20, 2015
INTERNATIONAL. Arab economies are estimated to be growing at between 2-3%, but annual growth of around 6.0% must be achieved if unemployment and poverty are to be contained.
Posted: April 19, 2015
BAHRAIN. The specialist savings, investments and pension provider creates 30 new roles in support of its growing sales and marketing initiatives.
Posted: April 16, 2015
INTERNATIONAL. Up 800,000 b/d from February to highest level since November 2012; Saudi Arabia boosted production by 280,000 b/d to 10 million b/d.
Posted: April 16, 2015
UAE. The UAE is a typical example of how the growth of talents and skills is key to improving competitiveness; Algeria, Libya and Yemen rank in the bottom quartile globally, while most of the GCC countries rank among the top quartile globally.
Posted: April 11, 2015
INTERNATIONAL. With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker?
Posted: April 10, 2015
JORDAN. According to data compiled by webteb.com, the intake of calories throughout the region has steadily risen in recent years, boosted by increased sugar, milk, and meat consumption.
Posted: April 7, 2015
UAE. Forbes Middle East reveals top 100 richest Arabs on earth; 49 Arab billionaires, sharing total wealth of $155.1 bn; Top 100 hail from 12 Arab countries with Saudi Arabia in the lead.
Posted: March 29, 2015
EGYPT. Arab representatives would meet over the next month to study the creation of the force, according to the resolution adopted by the leaders on the last day of the weekend
Posted: March 23, 2015
UAE. Middle East family businesses remain dynamic and resilient, with 79% recording growth in sales last year and 40% looking to achieve aggressive growth in the next five years; Succession is more hazardous than ever, with only 14% claiming to have a robust succession process, below the global average of 16%.
Posted: March 19, 2015
QATAR. Strong macroeconomic fundamentals and the lowest breakeven oil prices amongst the GCC; Real GDP projected to slow in 2015 (1.0%) before recovering in 2016 (1.8%).
Posted: March 19, 2015
UAE. Concerns remain about the fuel for continued innovation and competitiveness according to Oliver Wyman / Zogby Research survey; the needs for investment, talent, research, and infrastructure are stubborn obstacles to innovation within Saudi Arabia, Qatar, and Kuwait, and especially in the UAE.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 30, 2015
INTERNATIONAL. The Greek situation - having perhaps outlived the term "crisis," now that it has taken so long to unfold - appears to have finally reached its terminal point. This is, of course, an illusion: It has been at its terminal point for a long time.
date:Posted: June 30, 2015
UAE. The best thing governments can do to help entrepreneurs in the Middle East is to encourage professional development through education and apprenticeships, rather than through hiring quotas.
date:Posted: June 30, 2015
UAE. CIOs should maintain and promote an objective understanding of the real capabilities of smart machines
UAE. The best thing governments can do to help entrepreneurs in the Middle East is to encourage professional development through education and apprenticeships, rather than through hiring quotas.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
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