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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: July 29, 2014
KUWAIT. US$35.1 billioln of new sukuks issued during 2Q14; GCC primary market account for 26.7% market share or US$17.7 billion of the total global new sukuk issuances in 1H14.
Posted: July 27, 2014
QATAR. In the long run, the dynamism and innovation of the private sector is expected to drive growth and development with the government focusing on creating the right physical and legal environment to encourage that process.
Posted: July 23, 2014
KUWAIT. The information ministry said that the licences of Al-Youm television and Alam Al-Youm newspaper had been revoked "for losing some of the terms and conditions for obtaining a licence".
Posted: July 22, 2014
UAE This article provides an updated summary of the key employment law developments across the GCC; A new Government body known as the Manpower Authority is being created in Kuwait to take over certain functions of the Ministry of Social Affairs and Labour.
Posted: July 21, 2014
KUWAIT. First half 2014 net profit figure represents an increase of 10% over the same period last year; Deposits increased by 4% to reach US$ 38.1 billion.
Posted: July 21, 2014
KUWAIT. Kuwait Projects Co. received an offer to buy 100 percent of OSN, the pay-TV company valued at $4.3 billion by Arqaam Capital.
Posted: July 15, 2014
UAE. 81% state finding a job is the biggest challenge, with banking and finance being the preferred industry to work in.
Posted: July 12, 2014
KUWAIT. S&P expecst Kuwait Energy PLC's oil and gas production to stay concentrated on a few fields in Egypt, Yemen and Iraq, where it see significant country risk. The outlook is stable.
Posted: July 12, 2014
KUWAIT. New issuance rally in June (US$11.6 billion) enables 1H14 to outperform; Corporate sukuk sector records bumper contribution; 2014 to overtake 2012's record of US$131.2 billion.
Posted: July 9, 2014
UAE. International residential developers are expected to increase their pipeline significantly as City of London sales continue to grow, says JLL research report.
Posted: July 9, 2014
UAE. Commercial aerospace may be reaching its peak as the "war on costs" continues in defence and new players and technologies enter the industry; Sector driven by continued expansion of Middle East-based carriers which are increasing their scale and scope through massive fleet orders.
Posted: July 7, 2014
UAE. The ripple effects of the North American energy boom from major importer to soon-to-be exporter are being felt across the Middle East, Russia and China. This trend will reshape the global geopolitical landscape according to a Deloitte report.
Posted: July 1, 2014
UAE. 55% claim that important decisions and vital meetings are not postponed till the Holy Month is over, according to the latest Bayt.com "Ramadan in the MENA Workplace" poll.
Posted: June 27, 2014
UAE. The continued growth of social media penetration in the Arab world is increasing the potential for governments to engage citizen on enhancing public services.
Posted: June 25, 2014
UAE. Increase in new funding encourages Middle East sovereigns (and others) to allocate assets strategically rather than tactically; Sovereign investor risk appetite and time horizons increasing, while home market bias decreasing .

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 29, 2014
KUWAIT. US$35.1 billioln of new sukuks issued during 2Q14; GCC primary market account for 26.7% market share or US$17.7 billion of the total global new sukuk issuances in 1H14.
date:Posted: July 28, 2014
INTERNATIONAL. Janet Yellen is very different from any of her predecessors. She is likely the most dovish and politically leftist Fed Chair in the Central Bank's history; She sees the Fed's mission as a tool to promote progressive social policy.
date:Posted: July 28, 2014
QATAR. The potential in Indonesia is enormous and more rapid growth could generate opportunities for a number of foreign companies, says QNB Group report.
INTERNATIONAL. Another sign of deteriorating relations between the United States and Russia; The Cold War treaty, ratified in 1988, was designed to eliminate ground-launched cruise missiles with ranges of 500 to 5,500 km.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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