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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: December 14, 2017
KUWAIT. The Portfolio has been sold to a joint venture backed by a China based alternative asset manager.
Posted: December 6, 2017
UAE. MEED names 25 regional and international companies, as the best businesses in the GCC based on their contributions to the development of the region, at MEED Awards 2017.
Posted: November 30, 2017
KUWAIT. The Condition affects more than half of diabetics worldwide and causes 54,000 lower-limb amputations annually; With approximately 399,000 diabetics in Kuwait, the prevalence of DPN is 39%.
Posted: November 26, 2017
UAE. Sharjah with an impressive score of 88% as per the World Health Organization (WHO) is now sharing its wealth of knowledge with Kuwait.
Posted: November 24, 2017
KUWAIT. Services to Kuwait will be among the first in region to benefit from British Airways' new Club World sleep offering, in partnership with The White Company, as part of the airline's 4.5 billion pounds strategy.
Posted: November 19, 2017
UAE. Investors adopting a cautious approach continued to weigh down global and regional markets for the past week; Four out of the eight regional indices in the red; Oman tops gains.
Posted: November 15, 2017
UAE. AFI KLM E&M to provide maintenance and overhaul for the GE90-115B engines powering the Kuwait flag carrier's ten Boeing 777-300ERs.
Posted: November 14, 2017
UAE. The GCC has one of the biggest construction pipelines in the world with US$3.1 trillion worth of projects planned or under way in the region, according to MEED Projects.
Posted: November 11, 2017
UAE. Gulf countries continue to invest in energy projects, as global demand for crude oil grows by 1.5 million barrels per day in 2017, according to OPEC; Hydrocarbon sector represents 30% of the GCC economy and 60% of the total exports value.
Posted: October 26, 2017
UAE. 151 PPP projects worth an estimated US$185 billion are currently planned or underway in the region; Governments increasingly turning to PPP schemes to minimise the strain on public finances.
Posted: October 23, 2017
INTERNATIONAL. The treatment capacity for this project is scheduled to be 610,000 tons per day, representing the largest hollow-fiber filtration membrane order received by the company.
Posted: October 21, 2017
INTERNATIONAL. Purchase of a single tenant class A office building in Englewood, Colorado; The building is expected to become LEED Silver Certified (pending).
Posted: October 20, 2017
UAE. Equity and equity-related issuance: US$1.2 billion; Debt issuance: US$84.1 billion; Investment banking fees: US$669.2 million.
Posted: October 5, 2017
UAE. UAE, Saudi Arabia, Kuwait and Oman have priciest schools in the Middle East; Overwhelming majority of parents in UAE are demanding higher academic standards from schools; Renewed focus on early education as part of long-term aims to improve future success.
Posted: October 4, 2017
UAE. A special report by Al Masah Capital outlines growth drivers, performing segments, trends, investment opportunities, and key growth areas across the region.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 15, 2017
INTERNATIONAL. AI will create 2.3 million jobs in 2020, while eliminating 1.8 million.
date:Posted: December 15, 2017
INTERNATIONAL. Nearly all (94%) device makers have invested in software development in the past five years; Nine in 10 (88%) believe the Internet of Things (IoT) is driving growth within the manufacturing industry; 84% have changed their business model to put software at its core in delivering services and generating revenue.
date:Posted: December 14, 2017
UAE. As the interconnection junction between network providers, cloud providers and the enterprise, Equinix has a unique perspective on IT trends and where things are headed.
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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