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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: September 16, 2014
SYRIA. IS fighters shot down a Syrian war plane using anti-aircraft guns on Tuesday, the first time the group has downed a military jet, The Syrian Observatory for Human Rights said.
Posted: September 16, 2014
UAE. Four Communications, part of the Four Communications Group, which has offices in London, Abu Dhabi and Dubai, has made an offer to acquire 100% of Consolidated PR Limited.
Posted: September 16, 2014
UAE. Virgin Mobile Central and Eastern Europe is an early-stage Mobile Virtual Network Operator providing innovative, affordable broadband mobile services to the youth and aspires to be the leading youth lifestyle and consumer-champion brand in the region.
Posted: September 16, 2014
INTERNATIONAL. Sentiment towards Europe has picked up in the wake of recent monetary policy easing by the ECB; U.K. unpopularity deepens as Scottish independence vote looms.
Posted: September 16, 2014
UAE. US$117 million contract awarded to Raytheon; TALON will provide increased precision in the battlespace.
Posted: September 16, 2014
SAUDI ARABIA. A total of more than 80 megaprojects each worth at least US$1 billion, are under way or planned for completion by 2030.
Posted: September 16, 2014
IRAQ. The first strike south of Baghdad in a more than month-long US air campaign hit a jihadist target in Sadr al-Yusufiyah, 25 kilometers from the capital, a security spokesman said
Posted: September 16, 2014
UAE. For healthcare providers, patient engagement is the primary focus for cutting costs, reducing re-admissions, and preventing future expenses, as well as ensuring a seamless experience for all customer enquiries.
Posted: September 16, 2014
KUWAIT. Clients can now open gold accounts and implement selling and purchasing transactions; Service plays a significant role in the innovation of sharia-compliant products as well as in the diversification of investments.
Posted: September 16, 2014
INTERNATIONAL. "The Agenda" compiles results from 260 CEOs in Africa and includes insights from business and public sector leaders from 18 countries.
Posted: September 16, 2014
INTERNATIONAL. The U.S. has assembled an unlikely coalition of more than 40 nations with a shared stake in defeating IS, an effort that's counting on Iraqi troops and moderate Syrian rebels to retake and hold territory the extremists have seized.
Posted: September 15, 2014
UAE. eZayed Real Estate launches today. The new platform allows for both physical and online bidding on real estate -- something new to the region.
Posted: September 15, 2014
UAE. Stock climbed 7.2%, the most since July 21, to 3.14 dirhams at 10:17 a.m. in Abu Dhabi; More than 10 million shares traded, almost three-times the three month daily average.
Posted: September 15, 2014
INTERNATIONAL. "This crime is a tragic reminder of the increasing dangers humanitarian personnel face every day in Syria. It also once again demonstrates the brutality of ISIL, which is responsible for thousands of abuses against the Syrian and Iraqi people."
Posted: September 15, 2014
QATAR. QNB Group's total stake in Ecobank Transnational Inc, the leading pan-African bank, is now 23.5%; Aquisition in continuation of QNB's strategy of international expansion and growth.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
date:Posted: September 18, 2014
EGYPT. Qalaa Holdings' Hisham El-Khazindar discusses Egypt's economic prospects at Euromoney Conference.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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