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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 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.
Posted: September 8, 2014
SAUDI ARABIA. Hydrocarbon revenues in KSA and Kuwait make up to 90% plus of total revenues; Leading GCC economies remain susceptible to fluctuations in global energy prices, according to Alkhabeer Capital latest report.
Posted: September 7, 2014
UAE. Global rapid-growth markets (RGMs) will grow by over 4.5% in 2015, according to EY's latest Markets Forecast. In the UAE and Qatar, growth in the non-oil sector will be a significant driver of GDP.
Posted: September 6, 2014
QATAR. Net EM portfolio flows were US$9.3billion, the lowest reading since January 2014; Net portfolio outflows from Africa and the Middle East were estimated at US$1.5 billion in August; Africa, rather than the Middle East, was responsible for the bulk of the outflows from the region, according to the IIF.
Posted: September 5, 2014
INTERNATIONAL. "We need to attack them in ways that prevent them from taking over territory, to bolster the Iraqi security forces and others in the region who are prepared to take them on, without committing troops of our own."
Posted: September 5, 2014
INTERNATIONAL. "The order that has dominated global politics for the past century is facing a severe test. Unfortunately, the current leadership in Washington is woefully lacking in strategic understanding."
Posted: September 4, 2014
SAUDI ARABIA. The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date: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.
date:Posted: September 15, 2014
UAE. The energy industry presents unique attributes that make it more vulnerable than others to cyber attack; Preventive security measures imperative to protect critical infrastructure.
date: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."
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.
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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