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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: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
Posted: April 18, 2014
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
Posted: April 17, 2014
UAE. the Abu Dhabi state-owned investment fund with a mandate to develop the emirate's economy, said its 2013 net profit tripled as it benefited from a strong performance by its financial investments.
Posted: April 16, 2014
UAE. Apartments sector witnessed increase of 29% whilst villa rentals have grown by 15% year on year; Over the next four years roughly 65,000 new residential units penned for completion.
Posted: April 16, 2014
UAE. Good macro trends and IPO revival support GCC markets; Kuwait may have upside on MSCI rebalancing; No deep corrections due to Central Bank verbal interventions; Pressure builds on ECB to loosen policy.
Posted: April 16, 2014
INTERNATIONAL. 75% of European investors believe Europe will grow by 1% or more in 2014; The geopolitical environment is their biggest concern (33%), followed by the Fed's exit from quantitative easing (30%); 75% plan to commit additional cash to investing.
Posted: April 15, 2014
INTERNATIONAL. International issuances represented only 16% of total issuances in 2013, of which few originated outside Malaysia and the GCC; When entities domiciled outside these countries have issued sukuk, around 60% of the investors have been from the Middle East and Asia.
Posted: April 15, 2014
UAE. New Oracle and Accenture Study declares the modern CFP a technology evangelist who recognizes the value of digital and cloud technologies for the finance function and the business as a whole, but a gap remains between CFO ambitions and reality.
Posted: April 14, 2014
UAE. The largest IPO value was Mesaieed Petrochemical Holding Company in Qatar raising US$905 million; Oil and gas sector leads with two IPOs.
Posted: April 14, 2014
UAE. TNS Norms research shows that there is generally a market leader and two challengers present in most business categories in the region, each vying for the largest chunk of market share. Survey shows marketers need to re-visit campaign strategy.
Posted: April 14, 2014
UAE. Arab countries are in the mode of two-speed economies again, with Q1 2014 ending on a bright note in the UAE and Saudi Arabia, and on a sour one in Egypt and Lebanon, according to the latest Macro report from Crédit Agricole Private Banking.
Posted: April 14, 2014
SAUDI ARABIA. In recent years, falling cost of funds had broadly aided Saudi banks to register steady improvement in NIM's (Net Interest Margins). With interest costs at record lows and credit growth set to ease, there is little manoeuvring banks can do to sustain current NIM's.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 12, 2014
UAE. "Dubai's attraction as an investment hotspot was never greater," says Hamed Mokhtar, Managing Director at Fortress Investments.
Posted: April 12, 2014
QATAR. Overall, the global growth picture remains mixed, with only the GCC (particularly Qatar) and Sub-Saharan Africa registering strong growth and a positive outlook.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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