Ready for its close-up, Abu Dhabi bids to become filmmaking capital
Tuesday, September 9th, 2008 Posted in General, Industrial investment | No Comments »With $1 billion in hand, the government-sponsored Abu Dhabi Media Company announced plans to produce eight feature films over the next five years. Abu Dhabi's move into filmmaking is seen as an attempt to unseat sister city, Dubai, as a ...
Who’s who of ME companies
Sunday, August 10th, 2008 Posted in General | No Comments »MarketWatch.com reports that Research and Markets has compiled information on the 1,100+ largest commercial firms in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. The "Middle East 2008 - Arabian Gulf Top List" includes analysis and contact information, and ...
McDonald’s on the march!
Thursday, July 24th, 2008 Posted in General | No Comments »American fast food icon McDonald's reports almost 9% (8.8%) gains in its Asia Pacific, Middle East, and Africa stores, leading the produce-consuming giant to analyst-trumping gains in the second quarter of 2008. At a time when US market volatility confounds ...
BNY Mellon embarking on ME expansion
Tuesday, July 1st, 2008 Posted in General | No Comments »ICFA reported today (6/30) that the Bank of New York Mellon will open its first office in the ME in Dubai. The move comes as reports continue to list financial excursions into a region poised for continued, strong growth. Hani ...
‘Letters from Abu Dhabi’: A Street-level Gauge of Inflation -MW
Friday, June 13th, 2008 Posted in General | No Comments »Early Friday, MarketWatch published the first of a new series of columns about socioeconomic happenings in the United Arab Emirates. "Letters from Abu Dhabi," by Raymond Beauchemin, deputy foreign editor of The National in Abu Dhabi, is worth the read ...
Fours Seasons Hotels tours ME, announces new, future openings
Sunday, June 8th, 2008 Posted in General | No Comments »In an effort to encourage increased business over the summer, Four Seasons Hotels organized a client-oriented series of presentations to announce new and future openings in the Middle East. The luxury hoteliers have eight locations in the ME, with plans ...
RNCOS analysis suggests ME retail (tourism, banking, trading sectors) on growth trajectory
Saturday, May 31st, 2008 Posted in General | No Comments »The India-based sector analysis firm released its new report: "Middle East Retail Sector Analysis (2007-2010)." RNCOS, based on country-level analysis of the retail industry in the ME, focuses on growing opportunities in the ME markets. PR-Canada.net reports (5/30) "The ...
UK law firm Eversheds receives license to open practice in UAE
Thursday, May 29th, 2008 Posted in General | No Comments »Diversified UK law firm Eversheds recently announced (5/28) the impending opening of its latest branch in UAE, following successful receipt of a practice license, reports The Northern Echo. The expanding firm has also opened offices in South Africa, Switzerland, Lithuania, ...
HFs, investors expect ME states to decouple currency from USD
Wednesday, May 28th, 2008 Posted in General | 1 Comment »Wall Street Journal sources (5/27), reports Bloomberg, suggest that hedge funds and investors are betting that Saudi Arabia, Qatar, and the UAE will break their currencies' pegs to the US dollar. The upshot for these and perhaps other Middle Eastern ...
