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FEATURED REPORT...
Posted: 25-07-2011
UAE. The Islamic finance industry is pegged to grow at 15%-20% per year. 63% of Islamic finance institutions are in the Middle East, controlling more than 50% of Islamic banking assets. These statistics were discussed at the recently concluded first ever Oman Islamic Banking Conference. “Oman’s move to Islamic finance comes at just the right time as ethical finance gains a foothold around the world. The speakers illuminated a number of key aspects of the industry and question time after each presentation was lively as delegates delved deeper into the topic. We are proud to be supporting
Posted: April 23, 2014
UAE. The Middle East and Africa (MEA) enterprise hardware market, comprising servers and external storage, remains in a passive state according to the latest figures released by International Data Corporation (IDC).
Posted: April 23, 2014
INTERNATIONAL. Oman's plan to build a US$1 billion natural-gas pipeline from Iran is the latest sign that Saudi Arabia is failing to bind its smaller Gulf neighbours into a tighter bloc united in hostility to the Islamic Republic.
Posted: April 18, 2014
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
Posted: April 16, 2014
UAE. January 2014 was another positive month for the hospitality industry in the Middle East, with several GCC cities, including Dubai, Doha, and Muscat, witnessing robust increases in their hospitality KPIs.
Posted: April 8, 2014
UAE. A recent study by The Boston Consulting Group shows that Middle East banking revenues increased by 10.7% in 2013, whilst profits were up by 10.3%; At an aggregate level, provisions for bad loans grew slightly again, by 2.5%.
Posted: April 7, 2014
OMAN. The inaugural edition of the Professional Convention Management Association (PCMA) Advisory Summit 2014 discussed the depth and breadth of how the Sultanate can maximize the potential of the Oman Convention & Exhibition Centre, scheduled for completion in 2016.
Posted: March 19, 2014
SAUDI ARABIA. According to an EY study presented at the Jeddah Economic Forum (JEF) 2014, GCC employers do not believe that the local education system prepares young people with the requisite skills, training and attitudes for the workplace.
Posted: March 17, 2014
UAE. UAE maintains position as region's most popular destination for expatriates; Across GCC, more companies expect to hire staff; Qatar, Saudi Arabia, and the UAE lead job creation.
Posted: March 17, 2014
UAE. Growth in issue volumes in the Gulf's capital markets in 2014 will likely be steady versus the 2013 rate, although low yields could ultimately push up issuance
Posted: March 14, 2014
INTERNATIONAL. Qatar's tight rental market has made it the most expensive country to live in the GCC, according to a comprehensive analysis on the cost of living in the region.
Posted: March 12, 2014
INTERNATIONAL. Saudi Arabia's fierce campaign against the Muslim Brotherhood, already on the run in its Egyptian birthplace, has divided the Gulf Arab bloc, causing discomfort in some member states where the Islamist group is embedded in daily politics.
Posted: March 12, 2014
KUWAIT. The current construction boom in the GCC has been a key factor driving the demand for cement; Total value of projects planned or underway in the GCC stands at US$2,469 billion.
Posted: March 11, 2014
INTERNATIONAL. A.M. Best report analysed an extensive portfolio of companies in 19 countries over the past nine years, comparing the GCC markets with developed markets and those of the BRIC countries.
Posted: March 10, 2014
UAE. UAE, Oman and Iraq lead Middle East transactions; Upstream dominates Middle East oil and gas sector in 2013 in terms of number and value.
Posted: March 4, 2014
UAE. "The UAE and Saudi Arabia would, despite their large non-oil sectors relative to GCC peers, face reduced fiscal flexibility."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 23, 2014
UAE. Managing an internationally mobile workforce can be challenging, particularly as home country and host country laws can be vastly different; Legal compliance with local laws may mean that it is not possible to impose global policies on the workforce.
date:Posted: April 22, 2014
UAE. "Adapt to Survive", a global study by PwC, commissioned by LinkedIn, reveals the economic impact of not having the right people in the right jobs.
date:Posted: April 22, 2014
KUWAIT. For much of the past decade, international companies operating in the major projects sector have found Kuwait a challenging market in which to do business. However, there are good reasons to believe this year will be different.
UAE. Abu Dhabi's state oil producer is almost finished reviewing technical aspects of international companies' bids to develop the biggest onshore crude deposits in the emirate.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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