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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 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
Posted: September 16, 2014
KUWAIT. Clients can now open gold accounts and implement selling and purchasing transactions; Service plays a significant role in the innovation of sharia-compliant products as well as in the diversification of investments.
Posted: September 12, 2014
KUWAIT. A strong bullish trend is currently being witnessed with some fluctuation along the way. The DSM Index is now traded at a new record high and ended the week at 14,088.82 points.
Posted: September 12, 2014
KUWAIT. A step towards building a regional and global financial direct investment market; The Saudi bourse is the largest in the region with a market capitalization of about US$550 billion.
Posted: September 9, 2014
EGYPT. US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State.
Posted: September 8, 2014
SAUDI ARABIA. Hydrocarbon revenues in KSA and Kuwait make up to 90% plus of total revenues; Leading GCC economies remain susceptible to fluctuations in global energy prices, according to Alkhabeer Capital latest report.
Posted: September 8, 2014
KUWAIT. KFH takes top spot among banks locally and ranks 161st globally, in the list issued by "The Banker" international magazine, among the best Top 1000 banks worldwide.
Posted: September 6, 2014
KUWAIT. Islamic microfinance plays a prominent role in supporting the utilisation for financial services; Financial inclusion plays a critically important role in poverty reduction, reducing income disparities and increasing economic growth.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 25, 2014
QATAR. Real GDP growth slowed to 7.3% in Q3 2014; However, the days of voracious Chinese demand driving up global commodity prices are probably over.
date:Posted: October 25, 2014
UAE. "When the system collapses, it is not the end of the world. It simply means that the major trading and financial powers in the world come together in a conference to write new rules of the game." ICA Conference in Dubai to address lessons from global economic crisis.
date:Posted: October 23, 2014
UAE. Deflationary reading of data endangers risky assets; Global cues drive GCC markets; Growth scare unsettles investors; Extreme bearishness on oil may be overdone.
UAE. "When the system collapses, it is not the end of the world. It simply means that the major trading and financial powers in the world come together in a conference to write new rules of the game." ICA Conference in Dubai to address lessons from global economic crisis.
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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