26th January, 2015, 04:18
Posted: January 25, 2015
UAE. Russian shoppers caught in a currency crunch are staying away from the Dubai Shopping Festival (DSF) this year, but visitors from elsewhere look set to make up the numbers at the annual retail bonanza.
EGYPT. Nine pro-Islamist protesters were killed in clashes in the north Cairo neighbourhoods of Matareya and Ain Shams, and another in the Mediterranean city of Alexandria.
INTERNATIONAL. Gold priced in euros was the winner, both on the week but also in terms of its overall performance so far this month; Both Brent and WTI crude oil have settled into a US$5 range.
SAUDI ARABIA. King Salman will keep Oil Minister Ali Al-Naimi in his post, bolstering expectations that he will continue the policy of maintaining crude output to preserve market share.
MIDDLE EAST BUSINESS SECTORS
MIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: January 25, 2015
INTERNATIONAL. Gold priced in euros was the winner, both on the week but also in terms of its overall performance so far this month; Both Brent and WTI crude oil have settled into a US$5 range.
date:Posted: January 24, 2015
QATAR. Deflation is starting to spread into lower global consumer prices, depressed wages and, to a lesser extent, softer asset prices. Unless an appropriate fiscal response is found, this disinflationary dynamics is likely to continue in 2015 and possibly beyond.
date:Posted: January 23, 2015
KUWAIT. Strong growth in American supply boost non-OPEC output by 3.65% in 2014; OPEC not opting for output cut to halt drop in price; Downside risks prevail as world supply increases.
MIDDLE EAST COUNTRIES
UAE. Smith will lead global organization of more than 127,000 investment professionals as it sets the standard for professional excellence and credentials.
Investcorp encourages organizations to make corporate governance part of their DNA Posted: January 10, 2015
UAE. In an interview conducted by the GCC Board Directors Institute, Mohammed Al Shroogi also talks about the value of independent board members.
