QATAR. Despite the grim global economic landscape of the past few years, the number of construction sites in Qatar has increased steadily.
As the construction sector continues its seemingly unabated growth, companies are increasingly cognisant of the importance of implementing effective health and safety policies, particularly in respect of site safety.
Construction sites by their very nature tend to expose employees to heightened risks of accidental injury or even death, and the implementation and observation of effective policies are an integral part of mitigating those risks
QATAR. The first Renminbi Clearance Centre (RCC) in the MENA region, to be located in Doha; The RCC will allow for claims denominated in RMB to be settled in Doha and exchanged for other currencies, including the Qatari Riyal (QAR).
UAE. The UAE is a typical example of how the growth of talents and skills is key to improving competitiveness; Algeria, Libya and Yemen rank in the bottom quartile globally, while most of the GCC countries rank among the top quartile globally.
UAE. Middle Eastern investment banking fees reached US$182.0 million in Q1 2015; Equity and equity-related issuance totalled US$2.5 billion; Debt issuance reached US$6.5 billion during the same period.
QATAR. QNB Group announced its results for the three months ended 31 March 2015; The bank maintained an efficiency ratio (cost to income ratio) of 21.7%, which is considered one of the best ratios among financial institutions in the region.
QATAR. Notwithstanding the weak start for the global economy, Asian economies are expected to continue to grow rapidly in 2015. We expect economic growth to average 5.7% in 2015, the same rate as in 2014.
UAE. Less than 0.15% of the dividends of GCC-listed companies and 0.59% of those of the UAE's dividends invested in tech start-ups vs. 5% in the USA; UAE invests 4x more of its public companies' dividends in tech start-ups.