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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: January 25, 2015
UAE. Russian shoppers caught in a currency crunch are staying away from the Dubai Shopping Festival (DSF) this year, but visitors from elsewhere look set to make up the numbers at the annual retail bonanza.
Posted: January 25, 2015
INTERNATIONAL. Gold priced in euros was the winner, both on the week but also in terms of its overall performance so far this month; Both Brent and WTI crude oil have settled into a US$5 range.
Posted: January 24, 2015
SAUDI ARABIA. King Salman will keep Oil Minister Ali Al-Naimi in his post, bolstering expectations that he will continue the policy of maintaining crude output to preserve market share.
Posted: January 24, 2015
UAE. Smith will lead global organization of more than 127,000 investment professionals as it sets the standard for professional excellence and credentials.
Posted: January 24, 2015
UAE. The third quarter 2014/15 showed a good level of orders, fuelled by small to mid-sized contracts; Company confirms full-year guidance of a high single digit organic sales growth and an operating margin (after corporate costs) over 5%.
Posted: January 24, 2015
QATAR. Deflation is starting to spread into lower global consumer prices, depressed wages and, to a lesser extent, softer asset prices. Unless an appropriate fiscal response is found, this disinflationary dynamics is likely to continue in 2015 and possibly beyond.
Posted: January 23, 2015
INTERNATIONAL. Oil prices rose after the death of Saudi Arabia's king added to the uncertainty in global oil markets, although the new ruler indicated immediately there would be no policy change.
Posted: January 23, 2015
OMAN. In the next meeting of its popular Science Café series, the Oman Animal and Plant Genetic Resources Center (OAPGRC) will be diving into the topic of Oman's marine life, the threats it faces and its growing economic importance.
Posted: January 23, 2015
UAE. A virtualised desktop is an individual users' interface becoming accessible in a virtualised setting, which, in essence, means that employees can work remotely, from anywhere, as effectively as if they were in the office.
Posted: January 23, 2015
UAE. Minelab opens US$2 million 'Gold divison' state-of-the-art retail facility in Dubai; will act as a regional base and a well-connected transit hub for the movement of Minelab people and products across Africa.
Posted: January 23, 2015
KUWAIT. Strong growth in American supply boost non-OPEC output by 3.65% in 2014; OPEC not opting for output cut to halt drop in price; Downside risks prevail as world supply increases.
Posted: January 23, 2015
UAE. Arab business leaders who converged at DAVOS this week may have come closer to resolving this issue: "Technology" seems to be the magic word and the "digital economy' is the path to many answers.
Posted: January 23, 2015
UAE. The tech accelerator, to be launched by Masdar Institute and BP, will help fledgling UAE innovators to bring their ideas to market.
Posted: January 23, 2015
INTERNATIONAL. New Oliver Wyman report says financial services returns now hover around the 7% average of utilities.
Posted: January 23, 2015
SAUDI ARABIA. King Salman has named his half-brother Muqrin as his crown prince and heir, rapidly moving to forestall any fears of a succession crisis at a moment when Saudi Arabia faces unprecedented turmoil on its borders.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: January 28, 2015
UAE. opportunity for Gulf retailers with shoppers more willing to share personal information in exchange for rewards; 67% willing to share their data, second only to India.
date:Posted: January 28, 2015
UAE. Following two years of 25% annual growth, average prime residential prices have remained flat for the first time since Q1 2013.
date:Posted: January 27, 2015
UAE. Deloitte's 18th annual Global Powers of Retailing report explores innovative trends in the sector; US$4.4 trillion in fiscal year 2013 revenues of top 250 global retailers.
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