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Posted: 11-05-2011
SAUDI ARABIA. The six Gulf monarchies Tuesday responded to Arab uprisings by agreeing to expand their regional grouping to include pro-Western Jordan and Morocco and urged a quick political deal in Yemen. The Gulf Cooperation Council (GCC) welcomed bids by the two Arab kingdoms to join the six-nation grouping of Gulf monarchies, its secretary general Abdullatif al-Zayani said. "Leaders of the GCC welcomed the request of the Hashemite Kingdom of Jordan to join the council and instructed the foreign ministers to enter into negotiations to complete the procedures," Zayani told reporters. He sa
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 15, 2016
MOROCCO.The sapling to be planted will be a fig, one of several endangered varieties HAF is committed to protect. A thousand mature trees of various species will be distributed to local farming families.
Posted: December 4, 2015
INTERNATIONAL. The sale was led by Egyptian artist Mahmoud Mokhtar's sculpture, On the Banks of the Nile (Nahw Ma'a ElNil), which sold for 317,000 pounds.
Posted: November 25, 2015
UAE. Abraaj, IFC and the IFC ALC Fund exit 30% of their stake to Sanlam Group and 7.5% to Saham Group; Exit facilitates a partnership between the two largest insurance groups in Africa.
Posted: November 23, 2015
UAE. Over the past 40 years, the fund has implemented 64 projects worth AED7.3 billion, accelerating economic development throughout the country.
Posted: November 4, 2015
MOROCCO. Investment will expand patient access to healthcare and enhance quality standards; Newly formed holding company will invest in technology-led healthcare services including radiotherapy and imaging diagnostics.
Posted: September 23, 2015
MOROCCO. An integral part of productive dialogue surrounding interests is the acceptance of conflict as inherent and, in fact, productive insofar as its presence can lead to successful resolution.
Posted: August 28, 2015
MOROCCO. The coming years constitute a critical time for the community, in terms of its demographic, its finances and the care of its heritage, as well as in the broader context of the MENA region and indeed, of global affairs.
Posted: August 24, 2015
UAE. Fund will target well managed, mid-market businesses in Egypt, Morocco, Algeria and Tunisia; Abraaj raises US$1.37 billion for the African continent in 2015.
Posted: July 29, 2015
UAE. Investment values in Egypt increased in 2014; UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments, according to the latest "MENA Private Equity & Venture Capital" report.
Posted: July 24, 2015
MOROCCO. Uber teams up with Adyen to enable local users in Morocco to pay with locally issued credit and debit cards; Adyen now powering payments for Uber in more than 50 countries.
Posted: June 15, 2015
UAE. Governments, employers and academic institutions in the MENA region all have a role to play to address labour market inefficiencies, develop national talent, and ultimately drive long-term sustainability into the 21st century and beyond.
Posted: June 8, 2015
MOROCCO. Morocco is increasingly targeting affluent visitors from the Gulf, despite the fact that Europe still remains a major source of inbound tourists: Stephan Killinger, tourism expert and President of Mazagan Beach & Golf Resort.
Posted: May 11, 2015
UAE. 66% say their salary is lower than other companies in their industry, according to the latest Bayt.com and YouGov Salary Survey; A staggering 87% of UAE respondents have seen the cost of living rise in 2014, with 34% saying that it grew by more than 20%.
Posted: April 21, 2015
INTERNATIONAL. New World Bank report calls for accountability in public service delivery and identifies local success stories to inform and inspire reforms.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 13, 2016
QATAR. The turmoil in financial markets at the beginning of this year has prompted some to question whether the US Federal Reserve should have increased interest rates in December.
date: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.
date:Posted: February 12, 2016
INTERNATIONAL. A Syria in which the regime and IS, rather than other rebel groups, are the only real domestic players turns Bashar al-Assad into a pivotal cog in the fight against jihadism. That is something Saudi Arabia cannot allow to happen. To turn the tide, it needs a United States that is engaged and willing to do its bit.
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.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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