UAE. The winds of change whipping through the Middle East during the Arab Spring of 2011 never quite made it to the United Arab Emirates (UAE).
The country’s strong, oil-fuelled economy and robust public spending have acted as a protective shield from the region’s storm of pro-democracy protests.
UAE citizens, who make up less than a fifth of the country’s 8.2 million residents, are among the most privileged in the world. Assisted from birth to death by funds from the nation’s oil wealth, they also have the social advantages that come with living in one of the region’s most
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.
UAE. 69.8% of participants at Abu Dhabi's Global Aerospace Summit believe their region's infrastructure cannot meet future growth ; Middle East (36.4%) and China (30.4%) seen as experiencing most international growth over coming decade.
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.
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.