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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: May 22, 2014
OMAN. The joint investor roadshow held in Muscat was well attended by a wide cross-section of investor groups; The IPOs will close on 9 June 2014.
Posted: May 12, 2014
UAE."They will sharply lift the growth rate in the region and create hundreds of thousands of new GCC jobs, but more needs to be done to co-ordinate these projects at a regional level and to share the knowledge the GCC will acquire in megaproject delivery."
Posted: May 4, 2014
OMAN. Premier venue for culture and the arts, showcasing the diverse artistic creations of Omani artists; ROHM announces participitation in ATM.
Posted: April 26, 2014
OMAN. 2014 GITR report shows countries with a strong vision to develop their Information and Communications Technology (ICT) capacity have a dominant economic presence.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 30, 2014
SAUDI ARABIA. IMF Executive Board Concludes 2014 Article IV Consultation; Saudi Arabia has supported the global economy through its stabilizing role in the global oil market.
date:Posted: July 30, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
date: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."
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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