GCC retail industry to reach USD221bn by 2015

GCC retail industry to reach USD221bn by 2015

🕔13:39, 26.Jun 2013

The Gulf’s retail market is set to become a USD 221 billion industry by 2015, growing remarkable at 7.9% each year for the next three years, according to Markaz, Kuwait Finance Centre.

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Gulf stocks end Q1 with USD751bn market cap

Gulf stocks end Q1 with USD751bn market cap

🕔14:05, 2.Apr 2013

A 5.2% correction in the Dubai Financial Market in the month of March took the shine off an otherwise stellar quarter for the emirate and the wider Gulf markets.

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OPEC: Cuts coming?

OPEC: Cuts coming?

🕔18:55, 27.Jan 2013

While OPEC may not take action at its meeting on December 12, most analysts expect the group to cut production in the new year or face depressed crude prices.

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Kuwait’s D-Day

Kuwait’s D-Day

🕔06:40, 22.Nov 2012

Kuwaitis have seen a fair number of elections in recent years, but the one being held on December 1 may turn out to be the most significant for the country’s political and economic well-being.

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Top Arab Banks

Top Arab Banks

🕔21:33, 21.Nov 2012

Regional banks had the lowest cost-to-income ratios in the world. The Banker magazine’s data shows Middle Eastern banks average cost-to-income ratio was 39.69%, down from 41.37% last year

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MENA’s 5,000 richest individuals

MENA’s 5,000 richest individuals

🕔13:20, 21.Nov 2012

100 new faces

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Kuwait’s Canadian Move

Kuwait’s Canadian Move

🕔16:11, 3.Sep 2012

Report of Kuwaiti interest in Canadian oil sands companies highlights the treasure trove of oil riches in the North American country.

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Kuwait’s Semi-Democracy

Kuwait’s Semi-Democracy

🕔15:51, 3.Sep 2012

The failed Kuwait-Dow Chemical mega deal is regarded as one of the biggest examples of how the Kuwaiti parliament has hindered the country’s economic progress.

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NBK Chief Ibrahim Dabdoub’s Frustration

NBK Chief Ibrahim Dabdoub’s Frustration

🕔14:33, 22.Jul 2012

Ibrahim Dabdoub’s criticism of Kuwait’s economic malaise highlights the banking sector’s frustration over lack of government reforms and lethargic private sector growth.

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Cash-Rich Gulf’s Financing Challenge

Cash-Rich Gulf’s Financing Challenge

🕔14:41, 14.Jul 2012

As the EU crisis worsens, GCC banks are likely to face a higher demand for corporate loans as capital market liquidity tightens….

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