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Posted: 01-08-2011
UAE. Nada al Qassimi was the head of media and marketing at the Dubai Health Authority when the company hired to run the campaign on diabetes botched the job. Having seen too many companies, especially foreign ones, run bad campaigns because of the lack of understanding of the local culture, she decided to open her own company, Two 12, in the midst of the recession in March 2008, to provide better marketing and advertising services to organisations in the UAE. Over in Abu Dhabi, Ziad al Khaja and Abboud al Braiki of Visual Advertising created the city’s first roadside recycling bins that g
Posted: September 18, 2014
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."
Posted: September 17, 2014
UAE. "Prospects for economic growth in the Gulf region remain healthy for the next few years. We expect most Gulf banks to continue to benefit from robust corporate activity and consumer consumption over the next 18-24 months."
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
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. In the rental market, Cluttons expects affordability to remain central to the rental value growth equation, with rises likely to slow further in the coming months; Residential values in Dubai rise by 3.8%; 19% growth in Abu Dhabi residential capital values over the same period.
Posted: September 15, 2014
INTERNATIONAL. Investors with more than US$8 trillion in aggregate AUM will seek first-hand insights into compelling Middle East and North Africa investment opportunities at face-to-face meetings with C-suite executives from top listed companies in the Arab world.
Posted: September 14, 2014
UAE. Deloitte survey: "Brand loyalty is becoming more challenging for Middle East hoteliers in this market and meeting the needs of the various travel groupings is becoming vital in winning the loyalty battle."
Posted: September 13, 2014
INTERNATIONAL. "The answer to the security challenges is not the Assad regime. They have created this security vacuum. They have lost legitimacy to lead, period," State Department deputy spokeswoman Marie Harf said.
Posted: September 12, 2014
SAUDI ARABIA. The nation is working on new rules aimed at promoting the local currency bond and sukuk market. The rules are expected to allow foreign investors to buy local currency bonds for the first time and could be published early next year.
Posted: September 11, 2014
UAE. The US$10.3 billion second repayment under a debt plan agreed in 2011 was always regarded as a challenge for Dubai World, given its size and the initial slow progress on asset sales meant to fund the repayments.
Posted: September 11, 2014
INTERNATIONAL. In a widely anticipated, 13-minute White House speech, Obama said he would hunt down Islamic State militants "wherever they are" in a drive to degrade and ultimately destroy the group.
Posted: September 10, 2014
UAE. Colliers International Q2 2014 House Price Index registers a 3% quarter-on-quarter increase. The key measures introduced by the government to curb the growth in house prices at the end of last year have had a positive outcome.
Posted: September 10, 2014
UAE. The benefits of insurance are much more widely recognized in Malaysia than in the GCC region; Social and religious structures in the GCC countries have inhibited the use of insurance as a risk management tool, meaning that demand is largely driven by compulsory covers.
Posted: September 9, 2014
UAE. Takaful industry globally expected to reach US$20 billion by 2017; Saudi Arabia accounts for 77% of GCC takaful contribution and almost half of global takaful contribution.
Posted: September 9, 2014
SAUDI ARABIA. Saudi Arabia is set to remain the Middle East's largest projects market for the foreseeable future, comfortably ahead of the UAE, the region's second largest market, as the kingdom focuses on job creation and the diversification of its economy.

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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