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
INTERNATIONAL. Saudi Arabia's drive to make Qatar abandon its embrace of the Muslim Brotherhood may founder because of the limited leverage the Saudis and their allies can exercise over the world's richest country.
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.
INTERNATIONAL. The rare show of friction among the six members of the Gulf Cooperation Council threatens to undermine efforts to integrate their US$1.6 trillion economies, which supply about a fifth of the world's oil.
SAUDI ARABIA. The decision follows a Gulf foreign ministers meeting in Riyadh yesterday, which failed to convince Qatar to implement an accord that stops "support for anyone who threatens the security and stability of GCC countries."
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
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.