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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: February 8, 2016
UAE. FY2015 rental income record 11% growth to US$ 815 million; Visitor arrivals to Emaar Malls assets in 2015 cross 124 million, an increase of 9% over 2014.
Posted: February 8, 2016
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
Posted: February 8, 2016
UAE. On a city wide basis, capital appreciation since 2009 has been a mere 16%, whereas the total returns including rent during the same period have been close to 70%.
Posted: February 7, 2016
UAE. "Opportunities to Inspire" campaign underscores division's growth strategy.
Posted: February 7, 2016
UAE. The markets are looking for help as the US economy joins the pack with weaker than expected growth; Dollar weakness provides relief for Asia.
Posted: February 7, 2016
INTERNATIONAL. At the core of Iranian efforts to become a global sports and airline hub will be its willingness to relax strict gender segregation, dress codes and its ban on alcohol.
Posted: February 7, 2016
UAE. Bain & Company Diamond Industry Report predicts a potential market rebound in 1-2 years, but not before current turmoil forces the mid-market to reevaluate their business models; "The GCC jewelry retail market has performed better than other luxury goods categories in 2015, due to a lower sensitivity to non-GCC tourists."
Posted: February 6, 2016
INTERNATIONAL. PMI: The high cost of low performance shows need for stronger worldwide implementation of project, program and portfolio management.
Posted: February 6, 2016
UAE. What you can't see can hurt you. To ensure state-sponsored hackers do not bypass your security controls, decrypt and examine all traffic.
Posted: February 6, 2016
INTERNATIONAL. New report forecasts that "by 2020, 10% of enterprises will have included canceling their on-premises ERP vendor maintenance agreements in their postmodern ERP strategy, lowering annual support costs by up to 50%".
Posted: February 6, 2016
UAE. Such a move could yield an estimated $16.3 billion in economic benefits to the region.
Posted: February 6, 2016
UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
Posted: February 5, 2016
INTERNATIONAL. "Saudi regional leadership amounts to exploitation of a window of opportunity rather than reliance on the assets and power needed to sustain it. That window of opportunity exists as long as the obvious regional powers - Iran, Turkey and Egypt - are in various degrees of disrepair."
Posted: February 5, 2016
UAE. Thirty-four percent year-over-year revenue growth in global enterprise orders and continued DRaaS demand catapults Veeam to reach their goal of US$1 billion in revenue by 2018.
Posted: February 5, 2016
UAE. Three-pronged effort to include services, training and a US$100 million investment fund.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 9, 2016
UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
date:Posted: February 9, 2016
UAE. Headline seasonally adjusted Emirates NBD Dubai Economy Tracker Index registers 50.7; Modest increases in output and employment; New business volumes rise at slowest pace since February 2010; Construction is the weakest performing sub-sector.
date:Posted: February 8, 2016
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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