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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: February 10, 2015
UAE. Rapidly growing populations and per capita incomes, rising life expectancies, a high incidence of lifestyle-related diseases, and ambitious medical infrastructure projects are driving health care industry growth in the Gulf Cooperation Council states, says new Deloitte healthcare report.
Posted: February 7, 2015
KUWAIT. Kuwait Finance House's brand value increased by US$148 million to US$953 million, according to the valuation of Brand Finance agency published by "The Banker" magazine.
Posted: January 23, 2015
KUWAIT. Strong growth in American supply boost non-OPEC output by 3.65% in 2014; OPEC not opting for output cut to halt drop in price; Downside risks prevail as world supply increases.
Posted: January 21, 2015
UAE. Strong growth momentum in GCC countries continues, economic recovery in oil importers is on track; Oil exporters diversified their economies, but still heavily dependent on hydrocarbon sector in terms of budget and export revenues; Oil importers face higher risks of geopolitical tensions.
Posted: January 21, 2015
KUWAIT. "Investing in New Realities" to be held on 10th February for the first time in Kuwait; Industry experts from across the MENA region to discuss finance and new investment opportunities.
Posted: January 20, 2015
UAE. 61% feel they deserve to work in a higher level position, and 50% state that a key reason for seeking employment is to be financially independent.
Posted: January 15, 2015
KUWAIT. Some upward drift in inflation will be seen going into 2015, as core pressures rise and food prices start to unwind, but inflation should remain in the 3-4% range over the next two years. We expect inflation to average 3.5% in 2015.
Posted: January 14, 2015
UAE. Regional commitment to spending on oil and gas projects is unlikely to change, even in light of the significant drop in oil prices, according to PwC's latest industry snapshot.
Posted: January 14, 2015
INTERNATIONAL. "If Iran suffers from declining oil prices, know that other oil-producing countries such as Kuwait and Saudi Arabia will suffer more than Iran," Rouhani said.
Posted: December 16, 2014
UAE. 49% believe women and men are treated equally in the workplace, according to "Status of Working Women in the Middle East" survey by Bayt.com and YouGov.
Posted: December 11, 2014
UAE. Dubai stocks dropped the most since October 2008 and equity markets across the oil-producing Gulf Cooperation Council tumbled after OPEC reduced its estimate for crude demand in 2015.
Posted: December 9, 2014
KUWAIT. I think oil prices will stay around the current level until OPEC changes its production policy, or recovery in world economic growth become more clear, or a geopolitical tension arises.
Posted: December 9, 2014
UAE. Dubai Parks & Resorts is building three theme parks - Motiongate Dubai, Bollywood Parks Dubai and Legoland Dubai - and a 500-room hotel halfway between Dubai and Abu Dhabi.
Posted: December 2, 2014
UAE. Falling oil prices will pose significant challenges to GCC markets, according to a new report by ICAEW. The latest Economic Insight report warns the impact of continued oil price weakness could put considerable pressure on GCC economies and affect real GDP growth, unless they step up diversification efforts.
Posted: December 2, 2014
KUWAIT. IPO fund raised USD9.6bn in 2014 vs. USD12.4bn in 2008, after averaging USD1.8bn during 2009-13; Decline in oil prices may hinder the growth in IPO market.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 30, 2015
UAE. Boston Consulting Group study shows positive market development raising levels for all; Middle East banking revenues reach double-digit rates in 2014 with a 10% increase, while profits rose by 14.7%.
date:Posted: March 30, 2015
INTERNATIONAL. Saxo Bank has published its Q2 outlook warning investors of the end to the current cycle of "extend and pretend" as the planned economy model of the past eight years comes to breaking point.
date:Posted: March 29, 2015
UAE. Deloitte launches 2015 Technology, Media & Telecommunications Predictions for the Middle East; Middle East millennials to spend around US$37 billion on media content; GCC countries to make significant open data advancements in 2015.
UAE. Boston Consulting Group study shows positive market development raising levels for all; Middle East banking revenues reach double-digit rates in 2014 with a 10% increase, while profits rose by 14.7%.
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