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
UAE. Saudi Arabia's SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.
OMAN. The Public Authority for Investment Promotion and Export Development (PAIPED) spearheaded the Sultanate of Oman's recent trade delegation to the 8th World Chambers Congress in Doha.
UAE. The awards evening was a inspirational gathering, stirring budding entrepreneurs to aspire to brilliance and well-established businesses to expand their horizons, collaborate with the best in the region, and win.
INTERNATIONAL. North America will provide 40% of new supplies to 2018 through the development of light, tight oil and oil sands, while the contribution from OPEC will slip to 30%.
UAE. Banking system is sound and has fully recovered from the spillovers of the global financial crisis; Gross foreign assets to exceed US$2.5 trillion by end-2013, reinforcing economic resilience if oil prices drop.
UAE. In a region where there is an acute deficit in terms of infrastructure, all eyes are back on governments and how they propose to manage their spending, says Deloitte Middle East's GCC Powers of Construction Report.
UAE. Report provides insight into the recent trends and developments in SWF investment strategies specifically in the UAE, Qatar and Kuwait. It also looks at the evolution of SWFs in the Middle East as the region looks to reduce its dependence on energy resources.
KUWAIT. Doha Bank Summit in Kuwait brought together some of the region's leading consultants and advisory firms in their specific sectors discussing opportunities and trends.
QATAR. US$1.26 billion investment to strengthen Bharti's capital structure and improve flexibility for its growth strategy; Bharti to gain exposure to strong investor base in Middle East, in addition to South East Asia.
QATAR. Airline's Chief Executive Officer Akbar Al Baker on board first flight from Doha to Dubai, after a worldwide grounding of the aircraft in January.
INTERNATIONAL. The United States, with its European allies, does not have the force needed to end Syria's bloodshed. If it tried, it would merely be held responsible for the bloodshed without achieving any strategic goal.
UAE. "The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries."
EGYPT. The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.
UAE. Red Hat's Mark Little and Tom Llewellyn explain how Large-scale Elastic Architecture for Data-as-a-Service (LEADS) will enable enterprises to leverage all of the public data on the web against privately held data.
INTERNATIONAL. Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence.
UAE. "The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries."
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.
UAE. For those businesses yet to participate in the Middle East healthcare sector expansion, there is still time; investment in the field will be sustained, if only because of investment by the Saudi government.
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