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Posted: May 23, 2013
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
INTERNATIONAL. Syria's divided opposition called on the regime of President Bashar al-Assad to bluntly state whether it was interested in peace talks and on what terms.
UAE. Middle Eastern entrepreneurs regard lack of access to credit (75%) as the biggest deterrent to setting up a business today.
UAE. Purchases 25% minority stake owned by Carrefour Group for US$684 million; Operates 50 hypermarkets and 44 supermarkets under the Carrefour brand.



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MIDDLE EAST BUSINESS SECTORS

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 24, 2013
INTERNATIONAL. A currency war is different from any other kind of conventional war in that the object is to kill oneself. The nation that succeeds in inflicting the most damage on its own citizens wins the war. The only real way to win is not to play.
date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.

MIDDLE EAST COUNTRIES

INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.



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