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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: October 21, 2017
INTERNATIONAL. Purchase of a single tenant class A office building in Englewood, Colorado; The building is expected to become LEED Silver Certified (pending).
Posted: October 20, 2017
UAE. Equity and equity-related issuance: US$1.2 billion; Debt issuance: US$84.1 billion; Investment banking fees: US$669.2 million.
Posted: October 5, 2017
UAE. UAE, Saudi Arabia, Kuwait and Oman have priciest schools in the Middle East; Overwhelming majority of parents in UAE are demanding higher academic standards from schools; Renewed focus on early education as part of long-term aims to improve future success.
Posted: October 4, 2017
UAE. A special report by Al Masah Capital outlines growth drivers, performing segments, trends, investment opportunities, and key growth areas across the region.
Posted: October 1, 2017
UAE. For the week, Kuwait was the worst performer down 2.5%, followed by Dubai and Bahrain each down by 1.9%.
Posted: September 19, 2017
UAE. Grandweld Shipyards has secured a contract to design, Construct and deliver four crew boats and six pilot boats for Kuwait Oil Company.
Posted: September 11, 2017
UAE. The total value of 21,893 construction projects reaches US$2.4 trillion; urban projects: US$1.185 trillion; energy projects: US$331 billion; utility projects: US$302 billion; industrial projects: US$181 billion, BNC Construction Intelligence report shows.
Posted: September 8, 2017
KUWAIT. Markaz report examines and analyzes the performance of equity markets in the MENA region; Blue chips were mostly positive, except the ones from Qatar, which performed negatively in August.
Posted: August 29, 2017
UAE. Along with the end of earnings season, regional markets have been in a very thin range, trading volumes declining and no major macro or micro news affecting stocks' prices.
Posted: August 25, 2017
KUWAIT. Saudi Arabia, Bahrain and Kuwait put up positive corporate earnings growing by 7%, 6% and 2% respectively.
Posted: August 23, 2017
UAE. New developments expected to be announced at the Building Healthcare Innovation & Design Show, now co-located with Cityscape Global in 2017; Building Healthcare's new congress format to offer 6 dedicated conferences under the theme "Starting with the End in Mind".
Posted: August 21, 2017
UAE. According to MEED Projects, just US$56bn worth of contracts were awarded in H1 2017 compared with US$69bn over the same period in 2016; Long-term prospects bright with over US$2 trillion of known active projects in the pipeline across the GCC.
Posted: August 14, 2017
UAE. Al Masah Capital: A set of disappointing regional earnings for Q2 coupled with negativity on the global scene had its effect with a subdued market performance last week.
Posted: August 10, 2017
UAE. Dubai recorded the highest H1 2017 RevPAR at US$209; Softer global and regional market economic conditions made the first six months of 2017 challenging for the hospitality industry, which is expected to continue the rest of the year.
Posted: August 7, 2017
UAE. Dubai, Abu Dhabi, Kuwait and Oman ended the week up by 1.9%, 0.6%, 0.3% and 0.2% respectively. Qatar was the worst performer losing 1.7%.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 21, 2017
INTERNATIONAL. Leadership commitment, resilience and collaboration critical to success; 40% of survey respondents cite the disruption of operations as the biggest consequence of a cyberattack, followed by the compromise of sensitive data (39%), harm to product quality (32%), and harm to human life (22%).
date:Posted: October 21, 2017
UAE. 65% of GCC CEOs are more optimistic than their global counterparts about disruption; 87% embrace disruption as being more of an opportunity than a threat.
date:Posted: October 20, 2017
UAE. Fintech will reduce the profitability of some of the UAE. GCC banks' business lines, particularly money transfer and foreign-currency exchange.
INTERNATIONAL. Leadership commitment, resilience and collaboration critical to success; 40% of survey respondents cite the disruption of operations as the biggest consequence of a cyberattack, followed by the compromise of sensitive data (39%), harm to product quality (32%), and harm to human life (22%).
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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