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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 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.
Posted: December 12, 2016
UAE. A combination of GCC governments healthcare expenditure and participation of private players, leads the industry towards a rapidly growing market sector.
Posted: December 11, 2016
INTERNATIONAL. Kuwait's recent elections will increase tensions between the executive and legislature, hindering economic and fiscal reforms; the extent to which this will happen is unclear.
Posted: December 2, 2016
INTERNATIONAL. But implementation risks remain, including OPEC's adherence to the agreement and the willingness of other participants, notably Russia, to co-operate fully.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 20, 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.
date:Posted: August 18, 2017
UAE. As many as 292 tenders with an estimated value of US$9.5 billion were awarded in Q2, while the total value of urban construction project awards set to reach US$50.9 billion in 2017, according to BNC Network.
date:Posted: August 17, 2017
UAE. Inaugural Global Interconnection Index finds interconnection becoming an essential building block of the global digital economy.
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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