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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 23, 2015
SAUDI ARABIA. "We have moved our position significantly and, without question, this deal represents the best option for financial institutions seeking recoveries."
Posted: April 23, 2015
INTERNATIONAL. Megatrends have major implications as to how electricity is generated and distributed; Profound implications for the strategies and future role of companies all along the power utility value chain is imminent.
Posted: April 23, 2015
SAUDI ARABIA. The planned closure in May of the joint Wafra onshore oilfield in the Neutral Zone between Saudi Arabia and Kuwait was communicated by Saudi Chevron to Kuwait Gulf Oil.
Posted: April 23, 2015
UAE. Al Mazrouei replaces Khadem Al Qubaisi, according to a decree from Abu Dhabi's ruler published by WAM; IPIC is a government-owned oil and gas investment company.
Posted: April 23, 2015
UAE. Service charges should be applied and recovered on a non-profit/non-loss basis.
Posted: April 23, 2015
SAUDI ARABIA. Tenth Anniversary Euromoney Saudi Arabia Conference examines opportunities arising from increased government focus on SME sector.
Posted: April 23, 2015
UAE. Three days of workshops and sessions showcased the latest Android advances, and featured expert speakers and people from across the tech and Android industry.
Posted: April 23, 2015
BAHRAIN. Overall Bahrain's project market is valued at more than US$65 billion; Key sectors to receive the biggest investments include transportation, healthcare and construction
Posted: April 22, 2015
UAE. In a speech to the Dubai Global Convention on Leadership for Business Excellence and Innovation, Andrew Ratcliffe expressed to government officials and business leaders that companies should rethink how they behave if they want long-term success.
Posted: April 22, 2015
UAE. Promontory CEO explains what tough regulatory expectations mean for the region and the world.
Posted: April 22, 2015
UAE. The UAE tops the GCC ranking with access to 72 countries visa free, Qatar follows in 52nd place, whilst Bahrain and Saudi Arabia are both ranked at 57th in the list by passport power.
Posted: April 22, 2015
UAE. Leading property recruitment specialist releases eighth edition of the "Middle East Rewards and Attitudes Survey"; 55% of respondents anticipating an improvement in economic activity.
Posted: April 22, 2015
INTERNATIONAL. Bank issues Convertible Tier 2 Notes in exchange for EUR 46.25 million and new equity capital in the amount of EUR 31.25 million.
Posted: April 22, 2015
INTERNATIONAL. Hurt by an accounting scandal and a price war sparked by the march of discount groups, the supermarket wrote down the value of its business by 7 billion pounds to reflect restructuring charges and lower sales.
Posted: April 21, 2015
EGYPT. Muslim Brotherhood leader sent to prison for 20 years without parole, nearly three years after he was declared Egypt's first freely elected president.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 26, 2015
UAE. Financial services industry losing out as customer reward programme satisfaction ranks low, according to Collinson Latitude; Consumer expectations have changed: they expect to be rewarded for their custom 24 hours a day, 7 days a week, on the device of their choice.
date:Posted: April 25, 2015
JORDAN. Lower oil prices will support growth prospects, ease pressure on public finances, and help contain current account deficits. Bilateral loans and grants will support financing needs.
date:Posted: April 25, 2015
UAE. "Arab cinema industry must get more commercial and international," says Mohamed Hefzy, the award winning Egyptian producer and director; More investment is needed in Arab entertainment sector to enable the players to raise the bar, according to Fortress Capital Investments.
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