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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 1, 2014
KUWAIT. OSN TV unit, valued last year at US$4.3 billion by Arqaam Capital, operates in North Africa and the Middle East; KIPCO hopes listing completed by the end of 2014.
Posted: March 31, 2014
INTERNATIONAL.The Gulf States' rising trade and investment links with emerging Asian markets increase their economic dependence on global growth and exposure to foreign shocks, say Standard & Poor's economists in a report published today.
Posted: March 27, 2014
KUWAIT. For the GCC as a whole, inflation is expected to increase to 3.2% in 2014, up from a rate of 2.8% recorded in 2013.
Posted: March 26, 2014
KUWAIT. "We call for a political solution to the crisis in Syria based on the Geneva I communique," calling for a peaceful transition of power.
Posted: March 26, 2014
KUWAIT. Kuwait urged fellow Arab leaders to resolve disputes complicating crises such as Syria's war and unrest in Egypt, but diplomats said tensions bubbled behind the scenes.
Posted: March 24, 2014
INTERNATIONAL. "In recent weeks, several high-profile appointments have been made. Yet, whilst progress is being made, women in the GCC represent one if its greatest untapped talent pools."
Posted: March 20, 2014
KUWAIT. The Summit, now in its 25th year, will take place in Kuwait City from 25-26 March, and will gather the members of the Arab League and leaders from across the Arab world.
Posted: March 19, 2014
SAUDI ARABIA. According to an EY study presented at the Jeddah Economic Forum (JEF) 2014, GCC employers do not believe that the local education system prepares young people with the requisite skills, training and attitudes for the workplace.
Posted: March 17, 2014
UAE. UAE maintains position as region's most popular destination for expatriates; Across GCC, more companies expect to hire staff; Qatar, Saudi Arabia, and the UAE lead job creation.
Posted: March 17, 2014
UAE. Growth in issue volumes in the Gulf's capital markets in 2014 will likely be steady versus the 2013 rate, although low yields could ultimately push up issuance
Posted: March 14, 2014
INTERNATIONAL. Qatar's tight rental market has made it the most expensive country to live in the GCC, according to a comprehensive analysis on the cost of living in the region.
Posted: March 13, 2014
KUWAIT. Qatar, UAE move to MSCI's emerging index in May; This will leave Kuwait by far the biggest frontier market and May attract some US$700 million of additional money.
Posted: March 13, 2014
INTERNATIONAL. Saudi Arabia's drive to make Qatar abandon its embrace of the Muslim Brotherhood may founder because of the limited leverage the Saudis and their allies can exercise over the world's richest country.
Posted: March 12, 2014
INTERNATIONAL. Saudi Arabia's fierce campaign against the Muslim Brotherhood, already on the run in its Egyptian birthplace, has divided the Gulf Arab bloc, causing discomfort in some member states where the Islamist group is embedded in daily politics.
Posted: March 12, 2014
KUWAIT. The current construction boom in the GCC has been a key factor driving the demand for cement; Total value of projects planned or underway in the GCC stands at US$2,469 billion.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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