17th April, 2014, 23:16
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Posted: 09-08-2011
INTERNATIONAL. Classical political economists like Adam Smith or David Ricardo never used the term “economy” by itself. They always used the term “political economy.” For classical economists, it was impossible to understand politics without economics or economics without politics.
The two fields are certainly different but they are also intimately linked. The use of the term “economy” by itself did not begin until the late 19th century.
Smith understood that while an efficient market would emerge from individual choices, those choices were framed by the political system in whi
Posted: April 17, 2014
INTERNATIONAL. "All sides must refrain from any violence, intimidation or provocative actions," said a joint statement released after the four foreign ministers met in Geneva.
Posted: April 17, 2014
INTERNATIONAL. Vladimir Putin said he "hopes" he won't have to use his "right" to send troops to Ukraine as officials from the two countries met with their counterparts from the U.S. and Europe.
Posted: April 17, 2014
LEBANON. S&P revised the outlooks on Bank Audi, BankMed, and Blom Bank to stable from negative and affirmed their long-term ratings at 'B-'.
Posted: April 17, 2014
UAE. X-Stream Trading, developed by NASDAQ OMX, provides a proven, functionally rich, multi-asset trading platform that complies with international standards and policies.
Posted: April 17, 2014
UAE. Uptake of English language and national economic prosperity linked.
Posted: April 17, 2014
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.
Posted: April 17, 2014
UAE. The five-year loan has been fully swapped into US dollars by Mitsubishi UFJ Securities; The funds will be used to refinance a portion of TAQA's upcoming US$1.2 billion bond maturity.
Posted: April 17, 2014
UAE. the Abu Dhabi state-owned investment fund with a mandate to develop the emirate's economy, said its 2013 net profit tripled as it benefited from a strong performance by its financial investments.
Posted: April 17, 2014
UAE. Increase in market share for Jaguar Land Rover across GCC, Levant and Morocco; MENA now 5th largest market for Jaguar and Land Rover globally.
Posted: April 17, 2014
SAUDI ARABIA. Waleed Abulkhair was already on bail for holding unauthorised meetings for reformists when he went to a fifth hearing of his trial at a Riyadh court.
Posted: April 17, 2014
UAE. The leading healthy food franchise makes its first international foray, with its first branch located at Dubai Marina.
Posted: April 17, 2014
KUWAIT. The Wafra Field is the main oil field in onshore Partition Zone. The Main Gathering Center is a critical hub for oil production.
Posted: April 17, 2014
INTERNATIONAL. Combined company sets a new benchmark for talent assessment.
Posted: April 16, 2014
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.
Posted: April 16, 2014
UAE. For Athens, the new flights will offerthe choice of two different departure times to and from Abu Dhabi, and for Larnaca, the additional flights will provide more choice and flexibility, as well as better connectivity over Abu Dhabi.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: April 17, 2014
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.
date:Posted: April 16, 2014
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.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
UAE. the Abu Dhabi state-owned investment fund with a mandate to develop the emirate's economy, said its 2013 net profit tripled as it benefited from a strong performance by its financial investments.
What the loss of Crimea means for Ukrainian energy: Interview with Robert Bensh Posted: March 21, 2014
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.
