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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: June 17, 2013
UAE. Abu Dhabi-based investment company invests in AAH, a new healthcare group set up to own and operate hospitals, clinics, pharmacies and diagnostic centres across the UAE.
Posted: June 17, 2013
UAE. "We have overhauled its [Pullman] identity and service offer and made it a unique brand in a highly competitive segment that will serve as a key lever to help us fulfil our ambitions in the upscale and luxury segment."
Posted: June 17, 2013
MOROCCO. Business strategies for cultural preservation and sustainable development organizations also proposed.
Posted: June 17, 2013
UAE. 60% of high net worth individuals (HNWIs) in the Middle East believe wealth creation is faster today than in the past, more than any other region globally, according to latest edition of Barclays Wealth Insights
Posted: June 17, 2013
UAE. Contract for the development of the Abu Dhabi Plaza in Astana, Kazakhstan, valued at nearly AED4 billion (US$1.1 billion).
Posted: June 16, 2013
EGYPT. Egypt "decided today to definitively break off relations with the current regime in Syria, to close that regime's embassy in Cairo and to recall Egypt's charge d'affaires" from Damascus.
Posted: June 16, 2013
UAE. New wireless mobile broadband provides speeds upto 150Mbps.
Posted: June 16, 2013
IRAN. Moderate cleric Hassan Rohani won Iran's presidential election with a resounding defeat of conservative hardliners, calling it a victory of moderation over extremism and pledging a new tone of respect in international affairs.
Posted: June 15, 2013
UAE. The net long positions in the futures market (explicitly Comex) have been reduced to a very low level. This means that pressure on the gold price could come mainly from disgruntled and frustrated longs, rather than through new fresh short positions.
Posted: June 14, 2013
INTERNATIONAL. Carbon-fibre jet "behaving well," chief pilot says; Joins Boeing 787 in new generation of lightweight jets; Competition expected to dominate Paris Airshow.
Posted: June 14, 2013
JORDAN. The humanitarian response to the conflict in Syria has already struggled to secure enough funding. If the situation continues to deteriorate and the needs continue to rise is a humanitarian response at US$5 billion a year sustainable?
Posted: June 14, 2013
QATAR. Airline's newest aircraft type on Airbus' Toulouse production line in France.
Posted: June 14, 2013
BAHRAIN. Rating action prompted by the impact of a low-growth, high government expenditure and weaker oil price scenario on Bahrain's long-term debt sustainability.
Posted: June 14, 2013
INTERNATIONAL. Imposing a no-fly zone would require the United States to destroy Syria's air defenses, entering the two-year-old civil war with the sort of action that NATO used in Libya two years ago.
Posted: June 14, 2013
KUWAIT. World oil demand to average 88.6 million bpd in 2013; EIA cuts growth forecast for world oil demand in 2013.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: June 18, 2013
INTERNATIONAL. Global emerging market equity allocations at lowest since 2008; A net 56% of global investors believe the world economy will strengthen over the coming year, up from a net 48% in May.
date:Posted: June 18, 2013
UAE. Atiq ur Rehman, CEO Citi - Middle East division - discussed the appeal of Dubai and its competitiveness as a global city, during a speech to over 100 graduating Executive MBA students and alumni at London Business School's "Spring Celebration Event".
date:Posted: June 18, 2013
INTERNATIONAL. Little substantive change will occur beyond more careful rhetoric regarding both Iran's nuclear program and Tehran's support for the embattled Syrian regime. While challenges to both Iran's domestic policy realignment and outreach to the US thus remain, Western and regional hopes for such change endure.
UAE. Atiq ur Rehman, CEO Citi - Middle East division - discussed the appeal of Dubai and its competitiveness as a global city, during a speech to over 100 graduating Executive MBA students and alumni at London Business School's "Spring Celebration Event".
INTERNATIONAL. In this exclusive interview, Chris Faulkner, CEO of Breitling Energy Companies discusses how Bakken has turned the US into an economic powerhouse and how the US can compete with Saudi Arabia.
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