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Posted: August 28, 2014
UAE. Dubai World, the state-owned company at the center of the emirate's 2009 financial crisis, reached a deal with its main creditors to extend the repayment of US$10.3 billion of debt, according to people with knowledge of the matter.
QATAR. Three Saudi princes, including Foreign Minister Prince Saud al-Faisal, flew to Qatar Wednesday as part of a diplomatic push to repair a rift in the Gulf Cooperation Council.
INTERNATIONAL. U.N.-mandated human rights investigators said Wednesday that they believed the Syrian government dropped the chemical agent chlorine on civilian areas
INTERNATIONAL. The U.N. report is based on 480 interviews and documentary evidence gathered by its team, which is trying to build a case for future criminal prosecution.

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MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 28, 2014
UAE. The Saudi equity market index hits a 6 year high; Fed Chief Yellen’s commentary at Jackson Hole summit seen as constructive; India in a sweet spot for emerging market debt investors.
date:Posted: August 28, 2014
INTERNATIONAL. The second government shake-up in just five months rocked a country already battered by a jobless rate of more than 10%, high taxes and a budget deficit that stubbornly refuses to come down to the EU ceiling of 3% of GDP.
date:Posted: August 26, 2014
INTERNATIONAL. Is it time to stop thinking about stabilizing Syria and Iraq and start thinking of a new dynamic outside of the artificial states that no longer function? To do this, we need to go back to Lebanon, the first state that disintegrated and the first place where clans took control of their own destiny.

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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