UAE Archive
Featured UAE
Dubai government's approval of the mandatory insurance law last year is starting to trigger a new wave of growth in the emirate's healthcare sector, according to Shuaa Capital.
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Featured UAE
Dubai Aluminium 's ( DUBAL ) formal merger with its Abu Dhabi counterpart Emirates Aluminium (EMAL) is a reflection of the UAE's rise as a low-cost smelter destination
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Featured UAE
The UAE banking sector's outlook has improved considerably over the past few quarters as a spate of new infrastructure and construction projects come on track and strong economic
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Saudi Arabia
Abu Dhabi, Dubai and Riyadh are the Middle East's three richest cities, according to a new survey.
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UAE
Abu Dhabi, Beirut and Dubai will see the fastest growth in the population of ultra high net worth individuals (UHNWI) over the next decade, according to real estate
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Gulf
More than 8.5 million children in the Arab world remain out of school, presenting a huge socio-economic challenge for regional authorities.
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Featured UAE
If further proof was ever needed that the UAE's confidence was well and truly back, it came with the UAE prime minister Sheikh Mohammed bin Rashid Al Maktoum
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Featured UAE
Natural gas importer UAE is working on a number of projects that could boost the country's natural gas production
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Africa
Guinea's impoverished economy received a major boost in late November when Abu Dhabi's Mubadala Development Company signed a deal with the government to build an alumina refinery, which
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Featured UAE
The UAE's banking sector's solid performance over the past few quarters has earned the praise of ratings agency.
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Egypt & MENA
United Arab Emirates and Saudi Arabia emerged as the best countries in the Middle East and North Africa region to do business in.
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Featured UAE
Dubai's bid for the Expo 2020 will lift GDP growth leading up to the period and beyond, according to Bank of America Merrill Lynch.
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Egypt & MENA
Five Middle East countries have been ranked among the world's most free economies, according to Fraser Institute's annual Economic Freedom of the World Survey.
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Gulf
Major international banks are in retreat. Cutting costs and packing up shop from non-core areas in the Middle East.
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Featured UAE
As the Middle East gears up for yet another potential war, Bank of America Merrill Lynch is telling clients to buy Gulf bonds on regional weakness.
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Central Asia
Fresh from completing its merger with Sorouh Properties, Aldar Properties has made a major international move by kicking-off its Kazakhstan project.
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Featured UAE
Oil breakeven prices in Abu Dhabi are set to fall below USD 100 per barrel, as debt obligations and fiscal pressures on the government start to ease, according
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Gulf
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
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Egypt & MENA
Data and smart phones were supposed to be the great saviors of the regional telecom industry.
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Featured UAE
The Dubai Aluminium -Emirates Aluminium ( Dubal -Emal) merger comes at an opportune time for the aluminum industry...
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Africa
The UAE's recent suggestion that Africa should develop agriculture free zones highlights how food-importing states view the continent's great natural bounties.
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Africa
Abraaj Capital is close to making major investments in the Ivory Coast (or Côte d'Ivoire), as the nation emerges from a decade-long civil conflict and participate in the
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Featured UAE
In its latest report on new technologies that could dramatically alter the way businesses are run, Citibank identifies three technologies that could transform the global energy markets.
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Featured Saudi Arabia
An oil price collapse to USD 90 per barrel could see a 0.4% drop in Saudi GDP, according to estimates by HSBC.
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Africa
The Gulf region's fingerprints are all over the economic fortunes of a small African country.
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Africa
UAE's Masdar Energy went against the grain by inaugurating a 15-megawatt solar photovoltaic facility in the West African state of Mauritania - the largest project of its kind
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Featured UAE
The greatest growth in container trade will take place between the Far East and the Middle East for the next two decades.
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Featured Qatar
Gulf banks are showing renewed confidence and are hungry for acquisitions, especially as Western banks retreat.
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Featured UAE
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
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Featured UAE
TweetDays after announcing a new energy minister, Abu Dhabi also launched the world’s largest concentrated solar power plant, in what marks a significant turn in the way the
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Featured UAE
More than 80% of the Middle East businesses polled in a survey expect steady or aggressive growth in the next five years, according to a global PriceWaterHouseCoopers (PWC)
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Egypt
The Middle East tourism industry's progress was cut short by the Arab Spring crisis and it's still reeling from the after shocks that reverberate in countries across the
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Featured UAE
The UAE is the most prosperous Middle East state and among the 30 most prosperous countries in the world, according to the latest edition of the annual Legatum
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Featured UAE
Dubai's luxury real estate prices recorded the second biggest jump after Jakarta, according to UK-based real estate consultant Knight Frank.
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Macroeconomic Data
Tweet 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.
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Egypt
Middle East states fared poorly in a new edition of a survey that measures their business friendliness. The
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Featured UAE
Barclays Capital has cherry-picked Dubai corporate credit as the most promising in the region.
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Featured UAE
The UAE Central Bank's decision to extend its deadline for commercial banks' to comply with its regulations for another six months comes as a relief to the financial
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Featured UAE
Zabeel Investments was launched during the hey days of Dubai when the emirate was the darling of the financial world and the emirate was keen to cultivate its
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Featured UAE
For all its fiscal might and financial muscle, the Abu Dhabi economy hasn't picked up spectacularly despite high oil prices.
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Featured UAE
Despite brighter outlook, the pain continues
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Featured Qatar
More than USD76-billion of bond and sukuk debt is expected to mature by 2014, according to Kuwait Financial Centre ( Markaz ) research.
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Featured UAE
With major financial centres reeling from global turmoil, Dubai once again has a chance to attract the emerging economies' burgeoning financial services sector.
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Featured UAE
The UAE has more than a million LinkedIn users, Egypt has a quarter of the region's Facebook users and the most popular for Twitter was Bahrain, according to
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Featured UAE
The UAE has once again demonstrated impressive strategic thinking with the launch of a new oil pipeline that bypasses the Strait of Hormuz and the construction of the
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Featured UAE
Gulf states stand out in regional ICT subscriptions, but data shows there is still tremendous scope for greater broadband and Internet penetration across the region.
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Featured UAE
Public sector lending limits may not be good news for Emirates NBD and National Bank of Abu Dhabi, says SICO, but worries over the UAE banking sector's health
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Featured UAE
Breakeven oil prices for Saudi Arabia and the UAE decline for the first time in years, according to Deutsche Bank, which is great news for the GCC, especially
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Featured UAE
From a vertigo-inducing high earlier in the year, the Dubai Financial Market index has come crashing down. At its height this year, the market was up 31% but
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Macroeconomic Data
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,
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Egypt
The AirPano team could not have picked a worst time to visit Cairo for their photo panoramas and filming project.
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Kuwait
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
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Bahrain
TweetThe 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’,
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Bahrain
Gulf economies, led by the UAE, have fared quite well in a World Economic Forum focused on world's trade-friendliness and access to global markets.
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Featured UAE
Dubai awarded more projects than Abu Dhabi for the first time since the fourth quarter of 2008. Dubai entities awarded USD1.8-billion of new projects compared to the UAE
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Egypt
With Gulf economies poised for growth on the back of strong macroeconomic policies, regional stock markets are also set for growth.
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Markets
With Gulf economies poised for growth on the back of strong macroeconomic policies, regional stock markets are also set for growth.
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Featured Qatar
Nobody even considered looking at MENA states last year, as news of Arab Spring-related crisis, instability and the Iran conflict dominated the headlines.
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Featured Saudi Arabia
Gulf states are expected to spend USD29-billion over the next two years on their electricity infrastructure, according to ratings agency Moody's Investors Services.
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Featured UAE
Barclays Capital picks Dubai as the best risk/reward play in the region. But while the outlook is optimistic, corporates will continue to feel the pain.
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Featured UAE
Dubai emerges as the region's hot spot in an EIU survey on the world's most competitive cities. But, overall, the region's metropolises' fared poorly in the list.
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Featured UAE
UAE-South Korea trade is expected to rise 21% this year, as hydrocarbons-rich Gulf states move closer to energy-hungry Asian markets.
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Egypt & MENA
Around 11 million SMEs remain unserved or underserved in the Middle East, presenting a massive USD15-billion opportunity for the banking industry
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Featured Saudi Arabia
Middle East markets had a phenomenal February. Find out which stocks performed outstandingly well, and which failed to get investors enthused.
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Bahrain
Barclays Capital expects GCC economies to rise 5.4% this year, but Citibank worries that a sudden drop in oil prices could leave the states with a dilemma: whether
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Featured Qatar
Middle East markets had a phenomenal February. Find out which stocks performed outstandingly well, and which failed to get investors enthused.
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Featured UAE
TweetWhy have regional capital inflows remained well below their 2007 levels, even though emerging markets have since investments surged since then? The IIF says there are four good
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Featured Qatar
Which regional companies and countries stand to lose in the event that Iran closes the Strait of Hormuz? Ratings agency Standard & Poor's takes a look
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Featured UAE
While investors were looking elsewhere, Dubai and other Gulf markets have been staging an impressive rally. What's this: a Gulf stock market racking up double-digit growth in the
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Macroeconomic Data
While Dubai's economic environment is improving rapidly, the real estate sector is likely to go through more pain and fall by a further 15-20% before bottoming out, says
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Featured Qatar
It's a crisis that won't go away. While the region is no stranger to Israelis and Iranians trading insults and threats, Tel Aviv's latest hue and cry over
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Featured Qatar
Tweet Thirty-three Middle East banks are among 500 of the world’s most trusted banks, according to a new study. READ MORE HERE
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Egypt
Close to 500 new hotels - or 496 to be exact - are being built in the Middle East Africa region, according to STR Global, the hospitality consultancy.
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Egypt
Riyadh and Jeddah had a stellar 2010-2011, clocking the second and third highest growth rates in the world according to The Brookings Institution's 2011 Global MetroMonitor.
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Featured UAE
TweetIn the context of the region, the UAE and especially Abu Dhabi, was the proverbial safe haven along with Qatar. While it was not a great year by
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Featured UAE
TweetAlthough Dubai has seen a pick up in its economy with tourists and hotel occupancy on the up and external trade much improved, it has not yet reflected
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Macroeconomic Data
TweetJanuary 15, 2012 A year after HSBC released its 2050 report which estimated that Egypt would surpass Saudi Arabia as the largest economy in the Middle East, the
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Featured UAE
Dubai has the seventh best skyline in the world, according to Emporis, the respected consultancy that specialises in skyscrapers across the world.
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Bahrain
In the first part of the 2012 regional economic prospects, a look at oil-rich countries' efforts to manage their citizens' expectations, economic slowdown and regional and domestic political
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Egypt
In October this year, $16.9bn of projects were awarded across MENA. On a cumulative basis, just over $82bn of projects have been awarded across the region in the
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Featured Qatar
EFG-Hermes believes an MSCI upgrade of UAE and Qatar exchanges to emerging market status is unlikely but not impossible. If the upgrade does happen, both markets could tap
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Featured Qatar
Qatar had the highest nominal GDP (US$) per capita at PPP in 2010 among the 25 RGMs and has also been the fastest growing economy over the last
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UAE
Tweet Davide “Dodo” Oliva /Foter The UAE bank governor says it’s not planning for a crisis in the European Union. But with the EU economy heading for a
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Africa
Kuwait's Finance Minister warns that the state's rising wages and subsidies bill could lead to the devaluation of the dinar and compel the state to sell off assets
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Featured Qatar
While their global counterparts slash and burn, Gulf banks are collectively set for their best year - ever -- according to KAMCO.
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Featured UAE
From a position of chronic under-supply, the Abu Dhabi real estate market is suddenly oversupplied, which is hurting developers, banks and the end investors
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Bahrain
Standard & Poor's Ratings Services said today that issuers in the Gulf Cooperation Council (GCC) countries face rising refinancing risks over the next three years because the amount
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Featured Saudi Arabia
Read the ten major forecasts from Opec's latest World Oil Outlook, ranging from the challenges and prospects for oil developers to the intense competition they will face over
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Featured UAE
While Dubai continues to remain in the list of the ten riskiest 'sovereigns' in CMA Datavision's quarterly update, Abu Dhabi is now seen as among the ten safest
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Featured UAE
Dubai has come a long way in a short period of time. From being shunned by investors after it infamously requested a debt standstill from creditors in November
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UAE
The survey revealed that 62% feel that the current salary is not in line with the cost of living, with 33% stating buying consumer durables is not practical
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Featured Qatar
The EU and the US economies are not the only headaches for Middle East economies. China's faltering economy could also hurt the region's growth prospects
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Featured Qatar
The regional stock markets may be sending negative signals, but the Middle East listed companies are expected to see a 38% rise in earnings in the third compared
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Oil
The Arab Petroleum Investment Corporation (Apicorp) expects MENA energy capital investment to reach $525-billion over the next five years
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Bahrain
Middle East retail rents staganted in the 2010/11 period which ended in June, according to research consultants Cushman & Wakefield (C&W;).
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Bahrain
The UAE which is more aligned than other regional states to global economic cycles, saw its PMI fall from 57.5 in April to 51.0 in July, suggesting
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Qatar
A Booz Allen Hamilton report surveys 415 young nationals aged 15 to 24 in Saudi Arabia, the UAE, and Qatar to get a sample of what the youth
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Islamic Finance
I was at two recent conferences, OIC Member States’ Stock Exchange Forum 5th Meeting in Istanbul, Turkey, and SWIFT’s SIBOS massive event in Toronto, and, folks, we have
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Bahrain
TweetThe MENA region has a shortage of 3.5 million affordable dwellings, with Egypt, Iraq, Morocco and Saudi Arabia suffering from the biggest shortfalls. For all the boom (and
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UAE
TweetEmirates airline will surpass the likes of Air France/KLM, Lufthansa/Swiss, British Airways and other major airlines. Boston Consulting Group (BCG) projects that passenger flow in the Middle East
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