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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: November 28, 2014
UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
Posted: November 28, 2014
UAE. "It's time to concentrate on the football in Qatar," potential FIFA President states.
Posted: November 28, 2014
UAE. Agreement to extend service coverage for GE's advanced 9FA turbines deployed at the plant; Builds on the long-term partnership of GE with EGA.
Posted: November 27, 2014
UAE. Hosting political expert and author of "End of History", Francis Fukuyama, who will talk about the political state of the world and the most prominent powers in the geopolitical landscape at present, in addition to highlighting major political trends for 2015.
Posted: November 27, 2014
SAUDI ARABIA. London Court rules in favour of Prince Waleed, affirms Forbes made defamatory accusations.
Posted: November 27, 2014
INTERNATIONAL. OPEC took no action to ease a global oil-supply glut, resisting calls from Venezuela that the group needs to stem the rout in prices. Futures slumped to the lowest level since 2010.
Posted: November 27, 2014
SAUDI ARABIA. Pearson working with Tatweer to deliver training to 500 Master Educators.
Posted: November 27, 2014
UAE.Leading, homegrown, multi-regional hospitality distributor; Gulf Capital will retain a controlling 57.5% stake, with the balance held by DOTW management.
Posted: November 27, 2014
UAE. Launch accompanied by release of "Akyumen Falcon," the world's first patented projector educational tablet.
Posted: November 27, 2014
UAE. Global specialized diagnostic market research agency appoints Ahmed Sulaye as Head of the region.
Posted: November 27, 2014
EGYPT. Ability to charge online purchases directly to subscribers' phone bills; A unique local ecosystem covering 100% of mobile subscribers in Egypt and Saudi Arabia.
Posted: November 27, 2014
UAE. First-ever analysis of "West-East corridor" comes to Dubai at Madinat Arena, 30 Nov - 1 Dec, with VIP speaker list.
Posted: November 27, 2014
UAE. The Dubai Chamber-organised annual conference dealt with a wide variety of topics on e-commerce, the benefits of doing business on the online platform Alibaba.com, including important information about working with Chinese traders.
Posted: November 27, 2014
UAE. Online spending is on the rise across the region and is likely to hit record levels during the holiday season.
Posted: November 27, 2014
UAE. A panel of experts drawn from private banks and trusted advisers assessed the awards, with judges looking for independence, integrity and genuine insight from shortlisted companies.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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