Abu Dhabi: Satellite Telecommunications
(Oxford Business Group - 18/03/2010)
Telecommunications development in Abu Dhabi, an integral part of government policy, was given a boost recently when regulators issued the UAEs first individual licence for multipurpose satellite services.
As part of its Abu Dhabi Economic Vis...
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Saudi Arabia: Health Care Balance
(Oxford Business Group - 18/03/2010)
Saudi Arabias health care sector has seen a dramatic change in recent years. With the introduction of compulsory health insurance for expatriates working in the private sector, the business landscape has shifted for pharmaceutical companies, insurers and...
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Bourse rides wave of Saudi recovery
(Robin Wigglesworth - Financial Times - 18/03/2010)
Saudi Arabia’s stock market, the largest in the Middle East, has recovered more swiftly than most of its peers this year, justifying its position as the first choice in the region of almost every analyst and fund manager.
MSCI Barra’s Saudi i...
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Kingdom maintains economic stability despite challenges
(Arab News - 18/03/2010)
Despite economic challenges between 2004 and 2009, Saudi Arabia has maintained high level of stability. After growing at an annual average of 4.4 percent between 2004 and 2008, the economy contracted by 0.9 percent in 2009 amid the global recession. The ...
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OPEC, here we come
(Kamel Al-Harami - Al Watan - 16/03/2010)
World media will be focusing for few minutes on the outcome of the Organization of Petroleum Exporting Countries (OPEC) meeting this coming Wednesday in Vienna. Although the outcome is already printed in OPECs communiquأ), it still, however, needs the ap...
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'Islamic finance becomes a viable component of financial system'
(Mushtak Parker - Arab News - 15/03/2010)
Zeti Akhtar Aziz, governor of Bank Negara Malaysia, the central bank, took the message of the Islamic finance proposition to the heart of continental Europe when she gave the inaugural global lecture at Goethe University following the opening earlier of ...
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Dar Al-Arkan sukuk - a vote of confidence
(Mushtak Parker - Arab News - 15/03/2010)
The year 2010 could be a landmark year for the Saudi housing sector, and the opportunities for Islamic housing finance - both development and mortgages - could be potentially immense.
Following the recent confirmation by Muhammed Al-Jasser, go...
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UAE should learn to love its liabilities as well as its assets
(Frank Kane - The National - 14/03/2010)
Sovereign debt is the big issue of the second decade of the 21st century. Mohammed El-Erian, the chief executive of the US investment company Pimco, says the “simultaneous and significant deterioration in the public finances of many advanced economies” i...
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Reading between the lines of Dubai World's restructuring
(Wane Arnold - The National - 14/03/2010)
Let’s pretend for a moment that Dubai World’s restructuring ordeal has been a gripping saga of dramatic tension, instead of the big snooze-o-rama it has become.
Here, the fate of one of the country’s most important companies hangs in the balan...
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Hedge funds to get bigger investment share
(Shuchita Kapur - Business 24|7 - 08/03/2010)
Hedge funds are set to receive a larger proportion of the Middle East investors funds this year compared with 2009, a new survey has revealed.
According to the "Middle East Hedge Fund Investor Survey" by Capintro Partners, 90.9 per cent of res...
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