Most read articles

FEATURED REPORT...
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: 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 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.
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 16, 2014
UAE. New devices, growing interest and improved internet stability is transforming the world of games according to a new Ericsson ConsumerLab report; Potential for gamification to increase employee performance and personal development.
Posted: April 15, 2014
INTERNATIONAL. The German Federal Constitutional Court is the final interpreter of constitutional law. Accordingly, it has the last word on the legality of any treaties, agreements or actions undertaken by Germany at the European level.
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
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
UAE. The gist of the vulnerability is that attackers who exploit it are able to steal the encryption keys from internet servers and desktop software using OpenSSL for encrypting network traffic.
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.
dhgate