25th May, 2013, 10:39
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Kuwait
FEATURED REPORT...
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 25, 2013
KUWAIT. "Kuwait has a rich resource endowment, which has led to high levels of wealth and has enabled it to build very strong external and fiscal balance sheet positions."
Posted: April 21, 2013
UAE. Middle East banks showing increasing confidence in expansion beyond domestic markets; High oil prices have helped banks in some parts of the Middle East to maintain high levels of liquidity.
Posted: April 18, 2013
KUWAIT. Regulatory changes and increased regulatory scrutiny, economic conditions and global political and economic volatility are three of the biggest challenges facing businesses in 2013.
Posted: April 16, 2013
INTERNATIONAL. The candidate will be discussed, along with any others from the 12 members at an OPEC board of governors meeting that is scheduled for May 6 or May 7.
Posted: April 15, 2013
UAE. The year's list of global billionaires has been published by Forbes Middle East, featuring some of the wealthiest Arabs on the planet.
Posted: April 11, 2013
UAE. The report ranks three GCC countries in the top 30 list globally, and another two in the top 40: Qatar (23), the United Arab Emirates (25), Bahrain (29), Saudi Arabia (31) and Oman (40), demonstrating that they continue to embrace ICT to boost their country's competitiveness.
Posted: April 9, 2013
KUWAIT. The plan to diversify the economy includes boosting crude and gas production, building a metro and rail network, new hospitals, roads, power stations, expanding the airport and building a port on Boubyan Island.
Posted: April 9, 2013
KUWAIT. On the daily charts, the index continues to trade above short-term moving averages, while RSI is in positive territory; this suggests positive bias among traders.
Posted: April 8, 2013
KUWAIT. Kuwait led the rally with a 4.0%MoM gain, followed by Saudi Arabia; Trading activity increased, while IPO activity remained subdued.
Posted: April 8, 2013
KUWAIT. "The formation of the joint stock exchange company is taking longer than expected due to local governmental procedures."
Posted: April 7, 2013
UAE. Survey results based on face-to-face interviews with 3,000 Arab youth between the ages of 18 to 24 in 15 Arab nations.
Posted: April 5, 2013
KUWAIT. Five year term loan facility from Kuwait International Bank will extend Al Wafir's maturity profile and will fund cost-efficiently the future growth of its operations.
Posted: April 4, 2013
KUWAIT. Kuwait's parliament approved a plan to buy some citizens' personal loans, write off the interest and reschedule repayments.
Posted: April 2, 2013
KUWAIT. The government is discussing with lawmakers a plan to write off the interest on Kuwaiti citizens' personal bank loans taken out before the end of March 2008.
Posted: April 1, 2013
KUWAIT. "2013 could be a turning point in the outlook for the regional and local economies and our companies are ready to maximize the opportunities."
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: May 24, 2013
INTERNATIONAL. A currency war is different from any other kind of conventional war in that the object is to kill oneself. The nation that succeeds in inflicting the most damage on its own citizens wins the war. The only real way to win is not to play.
date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.
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