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INTERNATIONAL. "It does not depend on us. Or does not only depend on us. It depends on our partners."
LIBYA. Abdulmagid Breish, the chairman of Libya's US$66 billion sovereign wealth fund, said it plans to hire external companies to manage about US$11 billion of its assets under a restructuring plan.
UAE. Building and construction project management, design engineering and civil engineering are top skills in demand, reveals DIAC study conducted by Deloitte.

MIDDLE EAST BUSINESS SECTORS

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.

MIDDLE EAST COUNTRIES

UAE. Dubai developer has awarded contracts worth over AED47 million for design and supervision services on Deira Islands including the Night Market and Board Walk on the project.
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.
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