INTERNATIONAL. This is not how the West, nor many Egyptians, thought the Arab Spring would turn out in Egypt. Their mistake was overestimating the significance of the democratic secularists, how representative the anti-Mubarak demonstrators were of Egypt as a whole, and the degree to which those demonstrators were committed to Western-style democracy.
UAE. Deloitte report focuses on the key factors that would enable Dubai to reach the next level in terms of sustainability and competitiveness, in order to attract investment at the regional and global stage and promote export-oriented growth.
INTERNATIONAL. Greece won't engage with officials from the troika of official creditors who have been policing the conditions of its rescue since 2010. It's new government wants a new deal with the EU.
UAE. Takaful Re has seen a deterioration in its competitive position and underwriting performance, partly reflecting the challenges within the Islamic insurance sector in recent years; 'BBB' ratings affirmed.