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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: December 7, 2013
EGYPT. For private Gulf Arab investors, whose businesses in Egypt faced legal challenges after Mubarak's ouster, a return will only come with guarantees that their money will be safe.
Posted: December 7, 2013
INTERNATIONAL. Jordan, which will take up the seat on January 1, won 178 votes from among the 193 members of the UN General Assembly and was the only candidate put forward.
Posted: December 7, 2013
UAE. Annual Conference (FIKR12) concludes in Dubai; Vocational training, public private partnerships, investing in R&D and promoting quality of education proposed as key pillars for job creation strategies.
Posted: December 7, 2013
UAE. According to a McKinsey report in, the GCC's expenditure on healthcare is predicted to rise fivefold to reach US$60 billion by 2025 with increasing participation from the private sector.
Posted: December 6, 2013
INTERNATIONAL. The former president and Nobel Laureate, who died yesterday at the age of 95, was instrumental in getting the African National Congress, which led the fight against apartheid and has ruled ever since, to embrace an open economy.
Posted: December 6, 2013
INTERNATIONAL. After a brief short-covering rally of 2.16% on Wednesday, gold futures dropped 1.23% on Thursday to US$1,231.90 and fell a further 0.5% during Asia's Friday morning.
Posted: December 6, 2013
INTERNATIONAL. "Rising levels of uncertainty as to when and how the Federal Reserve will taper its QE scheme has contributed to the weaker inflows into ETFs/ETPs in November".
Posted: December 6, 2013
INTERNATIONAL. October global traffic results reinforce expectations for a strong fourth quarter traffic performance, says IATA.
Posted: December 6, 2013
IRAQ. Presentation entitled "U.S. Energy Renaissance Shifts Power Away from the Middle East" will be delivered at the Basra International Oil and Gas Conference and Exhibition.
Posted: December 6, 2013
INTERNATIONAL. The network will operate alongside Zenith and Optimedia and the other businesses within the group: Newcast, Performics, Moxie, Engauge, Ninah and Sponsorship Intelligence.
Posted: December 6, 2013
UAE. Dubai Chamber collaborates with alibaba.com to offer businesses in the MENA region a unique opportunity to create new market prospects and to sell their products and services to businesses worldwide.
Posted: December 5, 2013
INTERNATIONAL. The prospect of revitalized oil production in Iraq and Iran may add to tensions between those two countries and Saudi Arabia over export quotas; Ultimately, however, emerging markets in Asia will set global demand, and their energy thirst will determine the scale of the problem OPEC faces.
Posted: December 5, 2013
UAE. Steve Morgan, head of Cluttons Middle East, warns more work may still need to be done to tighten certain areas of regulation.
Posted: December 5, 2013
INTERNATIONAL. The market share of the yuan, also known as the renminbi (RMB), in traditional trade finance reached 8.66% in October, surpassing the euro on 6.64%, SWIFT said.
Posted: December 5, 2013
INTERNATIONAL. Gold's depressed price this year has concealed a massive transfer of wealth from Western financial institutions to Eastern households; China has been diversifying its foreign exchange reserves into gold.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 6, 2013
INTERNATIONAL. "Rising levels of uncertainty as to when and how the Federal Reserve will taper its QE scheme has contributed to the weaker inflows into ETFs/ETPs in November".
date:Posted: December 5, 2013
INTERNATIONAL. The prospect of revitalized oil production in Iraq and Iran may add to tensions between those two countries and Saudi Arabia over export quotas; Ultimately, however, emerging markets in Asia will set global demand, and their energy thirst will determine the scale of the problem OPEC faces.
date:Posted: December 5, 2013
UAE. Steve Morgan, head of Cluttons Middle East, warns more work may still need to be done to tighten certain areas of regulation.
INTERNATIONAL. In this interview, Tharman Shanmugaratnam - Deputy Prime Minister of Singapore and Chair of the IMFC -lays out a policy path for all countries for higher growth, incomes, and jobs.