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.
Posted: April 17, 2014
UAE. Increase in market share for Jaguar Land Rover across GCC, Levant and Morocco; MENA now 5th largest market for Jaguar and Land Rover globally.
Posted: April 16, 2014
MOROCCO. Investment will consolidate Kool Food's market-leading position in Morocco and enhance its international expansion.
Posted: March 31, 2014
MOROCCO. Global law firm confirms another branded office on the African continent in Morocco.
Posted: February 24, 2014
UAE. 90% of jobseekers in the Middle East and North Africa, say companies should position themselves as great places to work, according to Bayt.com survey.
Posted: February 19, 2014
UAE. 442 deals were announced in 2013 as compared to 398 deals in 2012, an increase of 11%, according to EY's MENA M&A Update; The fourth quarter of 2013 saw higher deal activity yet lower deal value.
Posted: February 18, 2014
INTERNATIONAL. Large current account deficits and declining conventional financing sources have prompted governments from Arab spring countries to look at Islamic finance.
Posted: February 7, 2014
MOROCCO. Abdelaziz Adnane has tried to clean up a public health system - which he has run since 2006 - by taking on fraud and finding ways to lower the prices of medicine.
Posted: January 31, 2014
MOROCCO. Figures represent an increase of 2.1% over the corresponding period in previous year; Mazagan Beach & Golf Resort recorded large increase in number of GCC families.
Posted: December 29, 2013
QATAR. Deal is part of a five-year package of financial assistance extended by four Gulf states to the North African kingdom to help it weather 'Arab Spring' protests.
Posted: December 5, 2013
INTERNATIONAL. A new research report by Jones Lang LaSalle on Africa, reveals that, as the world's most rapidly urbanising continent, the Sub-Saharan African commercial real estate market is primed for a "once in a lifetime" positive growth opportunity.
Posted: December 3, 2013
UAE. Respondents in the MENA region want better work/life balance and more challenging work to be more engaged and less distracted, according to new Bayt.com survey.
Posted: November 26, 2013
UAE. New Global Talent Competitiveness Index ranks over 100 leading economies on their ability to attract and retain talent; UAE, Qatar, Saudi Arabia and Lebanon ranked in top 50; Switzerland and Singapore top global rankings.
Posted: November 25, 2013
UAE. Over 100 renewable energy projects are currently under development in the Middle East North Africa (MENA) region; Non-hydro renewable energy capacity to grow 30 fold in MENA region by 2020.
Posted: November 19, 2013
MOROCCO. Morocco is a strategic and oft-overlooked ally of the U.S. that embodies many of the traits that Washington hopes to engender in the Middle East; However
this country's slow-developing liberalism and insulation from the region's hottest conflicts stem from a geographic reality unique to Morocco.
Posted: November 13, 2013
INTERNATIONAL. J. Peter Pham argues that Morocco's willingness to shoulder the challenges in the Maghreb and the Sahel makes it an important strategic partner for the U.S.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.