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Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
INTERNATIONAL. Prospects of a final deal on a long-term Gaza truce between Israel and Hamas were seen as shaky after its leader ruled out Israeli demands to disarm the Palestinian militant group.
INTERNATIONAL. "Almost half of all Syrians have now been forced to abandon their homes and flee for their lives. One in every eight Syrians has fled across the border, a million more than a year ago."
INTERNATIONAL. Obama's comment during a White House news conference before a meeting of national security advisers about how to proceed against Islamic State drew criticism.

MIDDLE EAST BUSINESS SECTORS

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
date:Posted: August 28, 2014
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
date:Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.

MIDDLE EAST COUNTRIES

INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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