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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: August 21, 2014
SAUDI ARABIA, The draft rules will go for a wider consultation with banks, market participants, and the public once government ministries have responded.
Posted: August 21, 2014
UAE. Transformation achieved in P2P practices led SEHA to significant savings and helped establish a basis for further enhancement and automation.
Posted: August 21, 2014
UAE. Even though new malicious samples appear every day, users should have an understanding of the techniques and tools currently being used to target users in the Middle East.
Posted: August 21, 2014
UAE. Employers worldwide step up investments in workers' wellness; 78% report strong priority to create a culture of health.
Posted: August 21, 2014
UAE. "The establishment of QIFs aimed at sophisticated, high-net worth investors is a welcome development which reflects the fact that a one size fits all approach to regulation is not appropriate."
Posted: August 21, 2014
UAE. "In theory, patients can be quickly identified and isolated, but under fragile healthcare systems, and failing infrastructure, protection is not that simple. But there are ways to rebuff it."
Posted: August 21, 2014
EGYPT. The Suez Canal is the fastest shipping route between Europe and Asia and brings in around US$5 billion in revenues per year; Bahrain-registered engineering firm Dar al-Handasah Shair and Partners, is part of the consortium.
Posted: August 21, 2014
INTERNATIONAL. The Israeli military had no immediate comment on what would constitute the killing of the most senior Hamas men since it launched its offensive on Gaza six week ago.
Posted: August 21, 2014
INTERNATIONAL. U.S. special operations forces made a failed attempt to rescue journalist James Foley and other Americans held hostage by Islamic extremists in Syria earlier this summer, the White House said in a statement.
Posted: August 21, 2014
INTERNATIONAL. The armed wing of Hamas warned foreign airlines against flying into Tel Aviv, threatening to step up its six-week conflict with Israel and declaring truce talks in Cairo over.
Posted: August 20, 2014
INTERNATIONAL. The armed wing of Hamas, engaged in a six-week war with Israel, said on its website it had fired two rockets at Noa, a gas well owned by Nobel Energy and Delek.
Posted: August 20, 2014
INTERNATIONAL. "It's the largest single aid push we have mounted in more than a decade," UNHCR chief Antonio Guterres said in a statement.
Posted: August 20, 2014
SYRIA. The Syrian Observatory for Human Rights said IS fighters had been attacking Tabqa military airport for around 10 days, but the fighting overnight from Tuesday was the heaviest yet.
Posted: August 20, 2014
INTERNATIONAL. Germany's development aid minister, Gerd Mueller, accused Qatar of financing the militant group. "A story like this always has a history," he said.
Posted: August 20, 2014
UAE. Two financial industry sources said the resignation was for personal reasons and that DIFC's Essa Kazim would continue to oversee the zone's operations while a replacement was found.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 23, 2014
QATAR. QNB report expects the ECB, the Bank of England and the Federal Reserve to keep to record-low interest rates for an extended period of time. Qatar's policy rates are likely to follow suit.
date:Posted: August 22, 2014
INTERNATIONAL. By 2040, Africa will experience faster economic growth than any other region and is expected to have the biggest labour force in the world; By 2030 Dar es Salaam and Luanda could have bigger populations than London has now.
date:Posted: August 21, 2014
INTERNATIONAL. The report found there are 15 million middle-class households in 11 of sub-Saharan Africa's top economies this year, up from 4.6 million in 2000 and 2.4 million in 1990, an increase of 230% over 14 years.
QATAR. QNB report expects the ECB, the Bank of England and the Federal Reserve to keep to record-low interest rates for an extended period of time. Qatar's policy rates are likely to follow suit.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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