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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: April 26, 2017
KUWAIT. Factors such as big data and artificial intelligence will impact current models for investment research and asset management, although the GCC has been relatively slower in its adoption of Fintech innovations.
Posted: April 24, 2017
UAE. Installed generation capacity in the MENA countries analysed will have to rise by almost 150GW, more than 50% on the current available capacity of 290GW, to reach a massive 440GW by 2020.
Posted: April 24, 2017
UAE. Number of active hospitality projects reached 1,153 as 62 projects with a combined value of US$2.5 billion were added to the list in the first quarter of 2017, according to BNC Network; GCC hospitality sector constitutes 7% of all active projects in the GCC.
Posted: April 20, 2017
LEBANON. MIT Enterprise Forum Arab Startup Competition winners award ceremony to be held in Bahrain on April 27; 74 semi-finalists from 11 Arab countries compete for cash prizes exceeding US$160,000.
Posted: April 17, 2017
UAE. Al Masah Capital report: Geopolitical tensions coupled with economic uncertainties both leading last week's global and regional performances.
Posted: April 7, 2017
KUWAIT. Marmore MENA Intelligence report, "From Bitcoin to Blockchain", fathoms the potential impact of the Blockchain technology on various sectors in the GCC region.
Posted: April 4, 2017
KUWAIT. Speaking ahead of MEHOC, Badria Ali Abdul Rahman offers insight into Kuwait's strategy to boost heavy oil production.
Posted: March 31, 2017
UAE. In terms of value, rail represents US$190.4 billion or 50% of the total value of projects, followed by road construction (US$121.4 billion).
Posted: March 29, 2017
UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.
Posted: March 24, 2017
KUWAIT. Kuwait Financial Centre will adopt cloud based, mobile solutions for investment and asset management operations.
Posted: March 20, 2017
UAE. Four out of the eight major indexes ended the week on a positive note with Bahrain coming on top with an increase of 1.6%, followed by Kuwait, Egypt, and Saudi Arabia each rising by 1.5%, 1.0% and 0.1% respectively.
Posted: February 28, 2017
UAE. Just as challenges have come to characterize the region's business landscape, so too have a wealth of technological advances that are rapidly changing the regional retail sector.
Posted: February 23, 2017
UAE. New MEED Insight report shows how lower oil prices have reshaped Middle East investment strategies in oil, gas and petrochemicals projects.
Posted: December 18, 2016
UAE. The momentum stalled as profit taking and greater caution prevailed. Only Kuwait and Qatar could generate any meaningful gains going up 1.4% and 1.7% respectively.
Posted: December 14, 2016
UAE. Preclearance at Abu Dhabi allows travellers to avoid long immigration queues on arrival in the US.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 27, 2017
INTERNATIONAL. If history shows us that science has spawned so many unintended discoveries, what is around the next corner of unintended scientific breakthroughs?
date:Posted: April 27, 2017
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
date:Posted: April 26, 2017
UAE. New PwC report finds an increasing need for mid-market accommodations to cater to a younger generation that does not put much emphasis on star ratings; Emerging markets will overtake developed markets as a tourism and hospitality destination but also as key provider of customers.
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
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