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. In the long run, the dynamism and innovation of the private sector is expected to drive growth and development with the government focusing on creating the right physical and legal environment to encourage that process.
UAE This article provides an updated summary of the key employment law developments across the GCC;
A new Government body known as the Manpower Authority is being created in Kuwait to take over certain functions of the Ministry of Social Affairs and Labour.
QATAR. Global spending on energy subsidies totaled US$492 billion in 2011. Middle East and North Africa countries alone accounted for nearly half of that amount, making the burden of subsidies on public resources quite substantial.
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
INTERNATIONAL. "With business operations in both the UK and the GCC, BLME has made significant progress in the first half of the year"; The Group increased its Operating Profit before Impairment charges by 177%.
UAE. Dubai World, the state-owned company at the center of the emirate's 2009 financial crisis, reached a deal with its main creditors to extend the repayment of US$10.3 billion of debt, according to people with knowledge of the matter.