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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: June 22, 2016
KUWAIT. The oldest bank from the Gulf and MENA region to continuously operate in the UK market.
Posted: May 18, 2016
INTERNATIONAL. Announces a significant donation to the Bloomsbury Research Institute; will help accelerate the development of new treatments, vaccines and diagnostics for major global killers.
Posted: May 11, 2016
KUWAIT. Only 27% of customers banking interactions are made on smartphones, mainly due to lack of digital convenience.
Posted: April 5, 2016
UAE. Growth in luxury and mid-market accommodation options opens up Gulf state to new market segments; Tourism accounted for 1.5% of total GDP in 2015, and is set to rise to 1.8%.
Posted: April 4, 2016
UAE. In total, some US$7 billion was invested across 163 deals in Q1 2016, compared to the 161 deals worth US$ 10.2 billion announced in the final quarter of 2015.
Posted: March 15, 2016
UAE. According to a new report by the World Economic Forum (WEF), written in collaboration with The Boston Consulting Group (BCG), since 2010, approximately 3,200 education companies around the world have received private ed-tech investments - however, only a mere 12 were based in the Middle East.
Posted: March 11, 2016
UAE. With economic commentators predicting a difficult 2016 employers across the region may be forced to look at staffing levels; this article examines the issues involved when an employer reduces headcount together with the various regulations applicable across the GCC.
Posted: February 13, 2016
KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
Posted: February 11, 2016
SAUDI ARABIA. A record 5,967 teams comprising over 16,500 entrepreneurs from 21 Arab countries enter competition; Winners ceremony to be held in Jeddah on 14 April, 2016.
Posted: February 10, 2016
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
Posted: February 9, 2016
UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
Posted: February 2, 2016
KUWAIT. Huawei teams up with government entities and private enterprises to examine how better connected cities and systems can contribute to future economic competitiveness.
Posted: January 27, 2016
UAE. Attraction and international mobility are key to national success and prosperity; UAE ranks number one in sustainability of retaining talent and night-safety of employees; Among global top 10 in use of social and virtual networks for career growth; Social mobility rankings within global top 10.
Posted: January 19, 2016
UAE. Nine of the 13 MENA sovereigns are investment grade; Egypt, Iraq, Jordan, and Lebanon are speculative grade; Oman and Saudi Arabia ratings lowered on the sharp deterioration in their fiscal deficits; GCC members to maintain their exchange rate pegs to the US dollar over the medium term.
Posted: January 19, 2016
KUWAIT. Oil company integrates Cisco Network Access Control into network hardware refresh to implement security, access, and compliance policies.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 23, 2016
SAUDI ARABIA. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
date:Posted: June 22, 2016
INTERNATIONAL. 27% believe digitalization is the greatest disruptor to their core business.
date:Posted: June 22, 2016
UAE. A new generation of young, highly motivated and mostly well-educated men and women is ready to take over leadership of their family businesses, according to new Deloitte report.
SAUDI ARABIA. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
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