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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 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."
Posted: April 16, 2014
UAE. Dr. Rafael Reif delivered a talk titled on research universities as engines of a modern economy at Masdar Institute in Abu Dhabi.
Posted: April 16, 2014
UAE. MEED's latest forecast is that new contract awards in the GCC will approach US$150 billion in the year ending 2014 compared with about US$135 billion in the previous 12 months.
Posted: April 16, 2014
UAE. Apartments sector witnessed increase of 29% whilst villa rentals have grown by 15% year on year; Over the next four years roughly 65,000 new residential units penned for completion.
Posted: April 16, 2014
UAE. January 2014 was another positive month for the hospitality industry in the Middle East, with several GCC cities, including Dubai, Doha, and Muscat, witnessing robust increases in their hospitality KPIs.
Posted: April 16, 2014
UAE. According to a survey from B2B International and Kaspersky Lab, almost 98% of computer users in the UAE enjoy the ease and convenience of shopping and banking on their PCs, Macs, tablets, and smartphone.
Posted: April 16, 2014
Libya. The central government reached an agreement with some rebels earlier this month to open the Hariga and Zueitina oil terminals, which have combined capacity of 180,000 barrels a day.
Posted: April 16, 2014
INTERNATIONAL. The men on top of the troop carriers, some of whom were masked, were armed with Kalashnikov rifles; The origin of the troop carriers was not immediately clear.
Posted: April 16, 2014
UAE. Good macro trends and IPO revival support GCC markets; Kuwait may have upside on MSCI rebalancing; No deep corrections due to Central Bank verbal interventions; Pressure builds on ECB to loosen policy.
Posted: April 16, 2014
MOROCCO. Investment will consolidate Kool Food's market-leading position in Morocco and enhance its international expansion.
Posted: April 16, 2014
INTERNATIONAL. 75% of European investors believe Europe will grow by 1% or more in 2014; The geopolitical environment is their biggest concern (33%), followed by the Fed's exit from quantitative easing (30%); 75% plan to commit additional cash to investing.
Posted: April 16, 2014
UAE. New devices, growing interest and improved internet stability is transforming the world of games according to a new Ericsson ConsumerLab report; Potential for gamification to increase employee performance and personal development.
Posted: April 15, 2014
UAE. Flight to affordability set to continue as budget-conscious Dubai residents relocate; Sharjah boosted by improvement to road links, retail and leisure development.
Posted: April 15, 2014
INTERNATIONAL. Titan Aerospace's drones could be used to boost internet access to remote areas.
Posted: April 15, 2014
INTERNATIONAL. The German Federal Constitutional Court is the final interpreter of constitutional law. Accordingly, it has the last word on the legality of any treaties, agreements or actions undertaken by Germany at the European level.

MIDDLE 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."
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.
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