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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: March 27, 2015
INTERNATIONAL. Warplanes hit the Shi'ite Muslim group's northern heartland on the second day of a Saudi-led campaign to stop the militia establishing its rule across the country.
Posted: March 27, 2015
UAE. "The dark clouds of protectionism" gathering over the air travel industry in Europe and the U.S. pose a significant threat to the millions of travellers who have benefitted from new choice in the market, said James Hogan, in a keynote speech in London.
Posted: March 27, 2015
UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.
Posted: March 26, 2015
QATAR. Located in the Al Rayyan region, west of Doha, the Al Karaana lagoon covers more than 4 sq.km and is raising serious environmental problems.
Posted: March 26, 2015
UAE. Talk Business at Breakfast event brings Dubai Executive Council official face to face with the private sector to discuss the aims and objectives of Dubai Plan 2021 and its relevance to businesses.
Posted: March 26, 2015
UAE. Deloitte Middle East conference addresses recent changes in regulation and tax; Developments such as the refurbished runway at Dubai, the mid-field terminal project at Abu Dhabi, the opening of Hamad international in Doha, showcase the commitment to the aviation sector.
Posted: March 26, 2015
UAE. Global education practice leader and motivational speaker highlights benefits of "The 7 Habits of Highly Effective College Students" program at American University in Dubai.
Posted: March 26, 2015
UAE. In his new role Ronald will endeavor to expand Memac Ogilvy & Mather's MENA operations and solidify its position.
Posted: March 26, 2015
UAE. DIFC concluded its participation at the annual City Week forum in London underpinning its status as a mature global financial hub.
Posted: March 26, 2015
INTERNATIONAL. Hikma is a global manufacturer of branded and generic injectable drugs; The company proposing to issue benchmark-size unsecured notes to refinance its Bedford acquisition bridge facility; The outlook is stable.
Posted: March 26, 2015
UAE. Tony Douglas appointed as CEO of UK Defence Equipment & Support.
Posted: March 26, 2015
INTERNATIONAL. The kingdom is said to be contributing as many as 150,000 troops and 100 warplanes to the operations; Egypt, Jordan, Sudan and Pakistan ready to take part in a ground offensive.
Posted: March 26, 2015
INTERNATIONAL. Cockpit recordings indicated one of the seats was pushed back and the door opened and closed. Then knocking is heard; "There was no more conversation from that point".
Posted: March 26, 2015
UAE. The sale of the 17.4% holding by the biggest single shareholder in the LSE will take place via a so-called accelerated book building process, according to a source familiar with the situation.
Posted: March 25, 2015
SAUDI ARABIA. Very few private sector firms in Saudi Arabia have plans to follow a recent Royal initiative and pay Saudi nationals a special bonus, a new Mercer survey has found.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 31, 2015
INTERNATIONAL. Washington is moving away from the strategy it has followed since the early 2000s - of being the prime military force in regional conflicts - and is shifting the primary burden of fighting to regional powers while playing a secondary role.
date:Posted: March 30, 2015
SAUDI ARABIA. Jamil Ghanawi, Head of JLL Saudi Arabia highlights the proposal aiming to help ease the current shortage of affordable homes and spur economic growth.
date:Posted: March 30, 2015
UAE. Boston Consulting Group study shows positive market development raising levels for all; Middle East banking revenues reach double-digit rates in 2014 with a 10% increase, while profits rose by 14.7%.
INTERNATIONAL. Washington is moving away from the strategy it has followed since the early 2000s - of being the prime military force in regional conflicts - and is shifting the primary burden of fighting to regional powers while playing a secondary role.
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