President Obama touts trade over protectionism in address to Congress
Thursday, February 26th, 2009 Posted in Industrial investment, Markets, Regional News, Trade | No Comments »In his first address to a joint session of Congress on Tuesday night, President Obama committed to work with G-20 nations to "restore confidence in our financial system, avoid the possibility of escalating protectionism, and spur demand for American goods in markets across the globe." This ...
UAE central bank extends Dubai $10B loan
Monday, February 23rd, 2009 Posted in Industrial investment, Real estate | No Comments »The Emirate of Dubai will receive a $10bn loan from the UAE central bank as part of its debt restructuring program the Financial Times reported Sunday. The Dubai real estate sector, which has been a primary driver of regional development ...
TradeFlow21 Editorial: Yes, Mr. President, we can build a more prosperous, secure world through Middle East trade
Sunday, November 16th, 2008 Posted in Industrial investment, Markets, Oil, Trade | No Comments »We are traders all. We barter and bargain, agree then rescind, resume and conclude negotiations for goods and services throughout our lives. We trade because we are inclined by nature to do so, regardless of how we earn our daily ...
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 ...
Prospecting in Saudi Arabia
Sunday, August 24th, 2008 Posted in Industrial investment, News | No Comments »With undetermined reserves of precious metals, including gold, copper, phosphate, and bauxite, Saudia Arabia may soon rival the output of global producers such as Canada and Australia. In addition to oil, mineral wealth will undoubtedly accellerate Saudi's drive to diversify their economy, as evidenced by the ...
Islamic bonds rising
Tuesday, July 22nd, 2008 Posted in Industrial investment, Islamic Finance | No Comments »Investors from Europe and the US seeking to increase their exposure in the Gulf region helped boost sales of Islamic bonds to $17 billion at the end of June, representing a 17 perecent increase over the previous year. Fueled by soaring oil prices, the ...
Subprime? More like Primetime for GE in MENA
Wednesday, June 11th, 2008 Posted in Industrial investment | No Comments »General Electric's (NYSE: GE) Energy division announced over $1.5B in deals between Friday, June 6 and Monday, June 9. The first deal was a contract signed with Iraq for $480M to build three power plants and includes two other contracts ...
