Pay Less for Shoes? Stores Open in Kuwait, Saudi Arabia
Tuesday, March 31st, 2009 Posted in JVs, Retail | No Comments »Payless ShoeSource, the American retail footwear company, has opened stores in Kuwait and Saudi Arabia, reports Forbes. In a deal with M.H. Alshaya Co., which will support Payless's expansion into the Middle East with construction and staffing, the company has achieved ...
Jordan + Sports = Touri$m!
Friday, March 27th, 2009 Posted in General | No Comments »Jordan has hosted five world sports events in the last four years and wants to build on their growing popularity as a host of international competition, the AFP reports. The upshot for the Middle East nation is a good chance ...
Lufthansa @ ME: Looking Good!
Friday, March 27th, 2009 Posted in Regional News | No Comments »Lufthansa, Germany's largest air carrier, continues to build its routes into the Middle East in line with its corporate strategy to broaden links to the oil-producing region. Al Bawaba reports that, this summer, Lufthansa will increase its capacity servicing the ...
TradeFlow21 Middle East Trade Summit: One Month Away
Tuesday, March 24th, 2009 Posted in General | No Comments »Middle East marketeers, regional representatives, Connecticut State Government officials, industry experts, and selected guests will soon be arriving in New Haven, Conn. for the first annual TradeFlow21 Middle East Trade Summit. If you or a representative of your organization has not ...
Abu Dhabi-Daimler: cash is king, green is good
Tuesday, March 24th, 2009 Posted in Industrial investment, SWF | No Comments »If not for U.S. Treasury Secretary Geithner's latest toxic asset rescue plan -- which actually finally tickled the stock market -- Abu Dhabi's Aabar Investments' $2.66B (9.1% stake) investment in Daimler AG would have been the headline of the day. ...
Dubai introduces shariah-compliant gold ETF
Friday, March 6th, 2009 Posted in Islamic Finance, Markets | No Comments »On Monday of this week, the Emirate announced the launch of an "exchange-traded fund backed by physical gold." The fund will allow regional investors to not only preserve capital but perhaps generate substantial returns. The gold bullion, which will be ...
