Gulf banks’ M&A hunger pangs seen growing

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Gulf banks’ M&A hunger pangs seen growing(0)

Gulf banks are showing renewed confidence and are hungry for acquisitions, especially as Western banks retreat. CONTINUE READING

Project Slow Down In Gulf(0)

: mugley / Foter / CC BY-NC-ND

More than USD65-billion worth of projects have been awarded in the Middle East North Africa region, according to Citibank Group research. CONTINUE READING

Doing business in the Middle East(0)

: JakeBrewer / Foter / CC BY-NC-ND

Middle East states fared poorly in a new edition of a survey that measures their business friendliness. The World Bank’s annual Doing Business 2013 report saw most countries in the region fall in global rankings. CONTINUE READING

MENA’s 5,000 richest individuals(0)

The Middle East North Africa region welcomed 100 new ultra high networth individuals, as the region’s nearly 5,000-richest individuals avoided the worst of the global economic crisis and regional turmoil, according to Wealth-X, a Singapore-based wealth consultancy. CONTINUE READING

Qatar’s Commodity Empire(0)

: snarl / Foter / CC BY-NC-ND

Go with what you know – that seems to be Qatar’s motto as it unveils ambitious plans to dominate the global resources sector. READ MORE HERE

USD76Bn Of Gulf Debt Set To Mature By 2014(0)

More than USD76-billion of bond and sukuk debt is expected to mature by 2014, according to Kuwait Financial Centre ( Markaz ) research. CONTINUE READING

ME’s Great Gas Slowdown: IEA(0)

The Middle East’s natural gas production will be a victim of low prices and lack of focus over the next five years, leading to a slowdown in output, according to the Paris-based International Energy Agency. CONTINUE READING

Rivals Threaten Qatar’s LNG Lead(1)

Qatar has ruled the liquefied natural gas (LNG) world for the past few years, but it will see the market flooded with new rivals eager to sign up Asian investors over the next five years, just when its own gas production lines goes flat. READ MORE HERE

Qatar, Kuwait & UAE’s Ecological Footprint Biggest in World: WWF(0)

: Stuck in Customs / Foter

Here’s a list Qatar would not want to top: The World Wild Life Fund (WWF) has ranked Qatar as the country with the largest ecological footprint per capita in its latest report. The tiny country is joined by neighbours Kuwait and the United Arab Emirates as the three nations with the largest ecological footprint – far exceeding other countries. READ MORE HERE

9 key points from the GCC Summit(0)

The timing could not have been more inconvenient.

In the week Gulf leaders met to discuss ways to create a more unified group, similar to an ‘EU model’, European Union leaders were struggling to keep their group united amid an unravelling economic and political crisis. READ MORE HERE