IMF signs off on Saudi Arabian economy, outlook
Wednesday, August 26th, 2009 Posted in Economy | No Comments »The IMF issued a very positive report on Saudi Arabia last week, especially in light of the recency of the global financial crisis and ongoing global economic uncertainties. All systems are a go in the Kingdom, even as lower ...
Yahoo! recognizes opportunities in Middle East
Wednesday, August 26th, 2009 Posted in Regional News, Tech | No Comments »Although the value of the deal was not disclosed, it appears the acquisition of Maktoob is a timely one for Yahoo!, as it positions itself to grow its emerging markets segment fueled now by one of the world's youngest, most ...
Qatar, a real green shoot
Friday, August 7th, 2009 Posted in Real estate, Regional News | No Comments »clipped from www.themedialine.org Covering an area larger than Beirut and with almost half a million people – two ways that the Qatari developer is describing Lusail - a brand new city is being constructed in the northern part of the Gulf ...
Sovereign wealth funds update: GCC $700B+
Friday, August 7th, 2009 Posted in SWF | No Comments »In a recent blog post at the Council on Foreign Relations, economist Brad Sester and a counterpart at Roubini Global Economics made their best estimate of the size of sovereign wealth funds (SWFs). The financial crisis of 2008 put ...
‘Dr. Doom’ finds bright spots; Egypt, Qatar and Lebanon
Thursday, August 6th, 2009 Posted in Regional News | No Comments »In the Wednesday (8/5) edition of RGE Monitor, the analysts at Roubini Global Economics (headed by Nouriel Roubini, aka Dr. Doom), suggested that there are in fact some regional and national bright spots despite a global oversupply of overwhelmingly uninspiring ...
UAE shoots for stars by acquiring stake in Branson’s space venture
Tuesday, August 4th, 2009 Posted in Defense, General, Industrial investment, Regional News | No Comments »Last week, the Financial Times reported that a UAE state-linked investment firm planned to acquire a 32 percent stake in Sir Richard Branson's civilian space venture, Virgin Galactic. Aabar investments will initially shell out $280 million, plus another $100 million ...
