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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: September 5, 2014
MOROCCO. The new facility supports growing fuel storage and trading activities in the Tanger Med Free Zone.
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 19, 2014
UAE. Executives and junior executives are especially in demand amongst MENA employers, according to Bayt.com and YouGov survey.
Posted: August 12, 2014
INTERNATIONAL. "Sovereign creditworthiness will likely remain the main driver behind bank ratings changes. But we note that many other risk metrics for the banks have remained fairly resilient, from profitability to funding and asset quality."
Posted: July 30, 2014
INTERNATIONAL. S&P opinion "reflects the increasing need for life and health insurance products in those countries as well as some largely underdeveloped personal lines, such as property."
Posted: July 24, 2014
INTERNATIONAL. The state-of-the-art system employs GfK's universal metering system, TV Loggers, which gave outstanding performance in the field test and is being successfully used in Lebanon.
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 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 6, 2014
UAE. Over 25 telco operators from across the region convene at 2014 Huawei MENA Services Conference with commitment to customer-centric service transformation.
Posted: June 6, 2014
UAE. Decision makers and influencers from companies and organizations representing top regional publishers met in Dubai Media City to share insights about pressing industry digital challenges.
Posted: May 27, 2014
UAE. Latest example of Abu Dhabi support for local firms; could draw complaints from rivals about the use of hydrocarbon wealth to subsidise businesses and distort competition.
Posted: May 14, 2014
UAE. The final consideration amounted to 4,138 million euros and Etisalat will start to consolidate Maroc Telecom and its subsidiaries from May 2014.
Posted: May 8, 2014
UAE. UAE-based telecoms operator says it expects the closing of the transaction to be completed on 14th May 2014.
Posted: May 2, 2014
MOROCCO. The new strategy, for fiscal years 2014 to 2017, aims to lend momentum to the Moroccan government's key reform and development programs; Gender, youth, voice and participation will be the guiding beacons.
Posted: April 28, 2014
UAE. Telecommunications companies in the Middle East are expanding abroad as domestic growth slows.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
date:Posted: September 18, 2014
EGYPT. Qalaa Holdings' Hisham El-Khazindar discusses Egypt's economic prospects at Euromoney Conference.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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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