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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: September 2, 2014
KUWAIT. Headline inflation is expected to average around 3.0% for 2014; Inflation rates across the GCC member states ranged between 1.2% and 3.1% in 1H14.
Posted: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
Posted: August 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.
Posted: August 25, 2014
UAE. With its oil wealth, population growth and strong demand for industrial and consumer goods, the MENA region is an attractive market. There are, however, potential pitfalls in doing business, particularly when it comes to appointing local agents to distribute products in the region.
Posted: August 23, 2014
KUWAIT. Euromoney Conferences will hold their sixth annual Kuwait Conference on 9 September in Kuwait City.
Posted: August 22, 2014
KUWAIT. Technical analysis view on Kuwait Stock Exchange (KSE) - Weighted Index (Market IXW) provided by KFH Research.
Posted: August 20, 2014
UAE. The seminars which are only for investment professionals will take place from 8:30am - 12:00pm: in Riyadh (a mixed event) on August 31st, Bahrain on Sept 1st, Kuwait Sept 2nd, Abu Dhabi Sept 3rd, Dubai Sept 4th, and Doha on Sept 7th.
Posted: August 19, 2014
UAE. Executives and junior executives are especially in demand amongst MENA employers, according to Bayt.com and YouGov survey.
Posted: August 18, 2014
KUWAIT. Kuwait has a rich oil and gas endowment, which has made it wealthy and enabled it to build very strong external and fiscal balance sheet positions, says S&P; The outlook is stable.
Posted: August 15, 2014
KUWAIT. Kuwait confirms the network layout for its new US$20 billion metro with construction due to begin in 2017; KNPC to invest US$35 billion on expanding oil and gas projects over the next five years.
Posted: August 13, 2014
UAE. The initial public offering market in the GCC in the second quarter of 2014 started off and ended on a high, with a total of seven IPOs, compared to two in Q1 2014.
Posted: August 13, 2014
KUWAIT. A key driving factor that will drive the growth Islamic finance development in Africa is the growing significance of trade and investment relationships between Africa and key Islamic finance jurisdictions, particularly, the GCC.
Posted: August 11, 2014
KUWAIT. The offer from a U.S. private equity firm comprised US$2.4 billion in cash and a further US$800 million subject to certain conditions, according to KIPCO.
Posted: August 8, 2014
KUWAIT. The United States imposed sanctions on Shafi al-Ajmi and Hajjaj al-Ajmi, accusing them of raising money for Al-Nusra front, a jihadist group fighting in Syria.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
date:Posted: September 29, 2014
UAE. Country assessment ranked at A3 by Coface; 5% growth projected for 2014; Business climate favourable with the new companies' law improving transparency; Debt profile improves, financing needs of GREs continue.
date:Posted: September 29, 2014
INTERNATIONAL. Stock market weakness, falling bond yields and the strong dollar, were some of the overall drivers, with geopolitical worries holding steady on the horizon.
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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