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Posted: 14-03-2009
KUWAIT.Kuwait will cooperate with France in the field of nuclear power, the deputy prime minister of the Gulf nation said on Friday, hinting it could take a stake in French nuclear group Areva. Speaking after a meeting with President Nicolas Sarkozy, Sheikh Jaber Moubarak Al-Hamad Al-Sabah said the two leaders had discussed the possible purchase of French military material and the issue of energy and nuclear reactors. Asked if Kuwait would cooperate with France in the domain of nuclear energy for civilian use, he said: "Yes." In response to a question on whether Kuwait was among the Gulf co
Posted: September 19, 2017
UAE. Grandweld Shipyards has secured a contract to design, Construct and deliver four crew boats and six pilot boats for Kuwait Oil Company.
Posted: September 11, 2017
UAE. The total value of 21,893 construction projects reaches US$2.4 trillion; urban projects: US$1.185 trillion; energy projects: US$331 billion; utility projects: US$302 billion; industrial projects: US$181 billion, BNC Construction Intelligence report shows.
Posted: September 8, 2017
KUWAIT. Markaz report examines and analyzes the performance of equity markets in the MENA region; Blue chips were mostly positive, except the ones from Qatar, which performed negatively in August.
Posted: August 29, 2017
UAE. Along with the end of earnings season, regional markets have been in a very thin range, trading volumes declining and no major macro or micro news affecting stocks' prices.
Posted: August 25, 2017
KUWAIT. Saudi Arabia, Bahrain and Kuwait put up positive corporate earnings growing by 7%, 6% and 2% respectively.
Posted: August 23, 2017
UAE. New developments expected to be announced at the Building Healthcare Innovation & Design Show, now co-located with Cityscape Global in 2017; Building Healthcare's new congress format to offer 6 dedicated conferences under the theme "Starting with the End in Mind".
Posted: August 21, 2017
UAE. According to MEED Projects, just US$56bn worth of contracts were awarded in H1 2017 compared with US$69bn over the same period in 2016; Long-term prospects bright with over US$2 trillion of known active projects in the pipeline across the GCC.
Posted: August 14, 2017
UAE. Al Masah Capital: A set of disappointing regional earnings for Q2 coupled with negativity on the global scene had its effect with a subdued market performance last week.
Posted: August 10, 2017
UAE. Dubai recorded the highest H1 2017 RevPAR at US$209; Softer global and regional market economic conditions made the first six months of 2017 challenging for the hospitality industry, which is expected to continue the rest of the year.
Posted: August 7, 2017
UAE. Dubai, Abu Dhabi, Kuwait and Oman ended the week up by 1.9%, 0.6%, 0.3% and 0.2% respectively. Qatar was the worst performer losing 1.7%.
Posted: July 14, 2017
UAE. Gold Medal has reported a remarkable 294% rise on the previous year in forward 2017 summer holiday bookings from the UK to the UAE capital.
Posted: July 10, 2017
UAE. Geopolitical tensions weighed down on investors' sentiments affecting regional markets' performance.
Posted: July 5, 2017
UAE. The iconic British retailer will supply bedding and amenity kits in Club World as part of the airline's 400m pounds customer investment plan.
Posted: June 22, 2017
UAE. The new risk tool uses a bespoke seismotectonic source model to give a more accurate assessment of earthquake risk in the UAE and 10 other regional countries.
Posted: June 2, 2017
UAE. A.M. Best briefing states that as implementation laws have yet to be passed, this has resulted in a debate as to whether the target date is achievable.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 18, 2017
SAUDI ARABIA. A new report by executive search firm Metin Mitchell & Co highlights the confidence that Saudi women feel about their working futures and what needs to be done to increase the number of women in the workplace.
date:Posted: September 15, 2017
UAE. First of its kind study in the MENA region reveals why we are emotionally drawn to certain destinations and environments; Visible everyday human activity, greenery, artistic features and bright colours found to be the most powerful drivers of emotional engagement.
date:Posted: September 14, 2017
UAE. Family offices, importers and exporters, and the TMT industry will be impacted by VAT in various ways, so the need to ensure they are prepared for when VAT is introduced from 1 January 2018 is clear.
SAUDI ARABIA. The Future Investment Initiative (FII) will host global leaders, investors and innovators; FII will be a game-changing platform exploring the trends, opportunities and challenges that will shape the world economy and investment environment over the coming decades.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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