Doing Business 2010: Saudi Arabia nears goal; UAE climbs ranks
Sunday, September 13th, 2009 Posted in News, Regional News | 1 Comment »Doing Business 2010: Reforming through difficult times, which features the latest ranking of economic competitiveness (published on Thursday by the International Finance Corporation - The World Bank), contains some especially positive news for The Kingdom of Saudi Arabia and the ...
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 ...
‘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 ...
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 ...
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 ...
Even Pakistan is in need of a bailout plan
Saturday, October 18th, 2008 Posted in Markets, Regional News | No Comments »In the past twelve months, nuclear Pakistan has survived a constitutional crisis that led to the temporary suspension of rights, the assassination of a beloved former prime minister, and the resignation of a contentious president. With nations throughout the wider ...
Good times continue for the GCC
Thursday, July 31st, 2008 Posted in Oil, Regional News | No Comments »2008 GDP for the GCC is set to surpass $1T (+36% yoy) along with an impressive doubling of cement capacity by 2010, not to mention similar increases expected in petrochemicals, natural gas and other industries. Economic and investment boom ...
Airbus, Boeing gain on major Abu Dhabi order
Tuesday, July 15th, 2008 Posted in Regional News | No Comments »The emirate continues its broad expansion into the global airlines market as strong petroleum prices boost its purchasing power. In all, $25B was laid down for major orders for the ME as the region continues to grow its network of ...
