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Posted: 25-02-2008
INTERNATIONAL. In its latest monthly Global Focus, Standard Chartered predicts there will be no sharp upturn in the current US recession and it will have a global impact. The rest of world may be better insulated, but not decoupled, and as risk aversion mounts, countries with current account deficits will see their currencies under pressure.The big story that is set to continue to unfold over coming months, and indeed years, is how the balance of global economic and financial power is shifting, from West to East. But three issues currently stand out. First, how severe will be th
Posted: September 18, 2014
EGYPT. Qalaa Holdings' Hisham El-Khazindar discusses Egypt's economic prospects at Euromoney Conference.
Posted: September 17, 2014
UAE. "Building a sound, robust investment environment is crucial for boosting institutional investor confidence in the regional markets."
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. The upcoming Scottish election, whichever way it goes, demonstrates the enormous power of the desire for national self-determination. If it can corrode the British union, it can corrode anything.
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 11, 2014
INTERNATIONAL. A senior State Department official said: "We may need enhanced basing and overflights ... there's going to be a meeting soon of defense ministers to work on these details."
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 10, 2014
BAHRAIN. "Bahrain, which is working to find its feet following the global downturn and national tensions, will receive a tremendous boost from improved connectivity with the rest of the GCC."
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 8, 2014
QATAR. QNB Group has published its Qatar Economic Insight, September 2014 report. The report analyzes how the economy continues its diversification phase through double-digit non-hydrocarbon growth, which is expected to accelerate through 2016.
Posted: September 8, 2014
We attribute the decline in corporate and infrastructure sukuk in large part to cheap and ample bank liquidity, which has made issuers less reliant on the capital markets," said Standard & Poor's credit analyst Karim Nassif.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
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.
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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