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November 20, 2014

How long will it take for aggressive and rich competitors like the top Internet companies to move into this space?
16:15 GMT
Internet platforms like Facebook, Google and Amazon are developing banking products that will probably become future foreign competition for the UAE banking sector.
Large billboards reading “Qatar deserves the best” cover many construction sites, a few miles from where some World Cup stadiums are taking shape.
04:55 GMT
29,400 people, or 1.4 per cent of Qatar’s population, are estimated to be working as slaves, in forced labour or domestic servitude, a report said on Monday.
Eighty-three per cent of world equity market cap is currently supported by zero interest rate policies.
04:55 GMT
While the year 2014 began with expectations of higher growth, higher yields and higher stocks, it is ending with the reality of lower inflation, lower yields and higher stocks

November 19, 2014

Being post-fear can be a disaster, because it makes you both complacent and overconfident.
04:55 GMT
Yet as an employee, being fearless is not obviously an advantage. It means the usual levers don’t work on you any more.

November 18, 2014

Libyan crude was two per cent of global oil supplies and valued because it played a key role in Italy, France and Spain’s downstream energy markets.
20:24 GMT
Libya was one of the Arab world’s leading oil exporters after Colonel Gaddafi’s bloodless coup in 1969
Transportation from port to the retailer/buyer, how are the boxes placed: dedicated trucks for halal? Mixed with non-halal product boxes?
20:02 GMT
The halal industry and the certification bodies seem to have missed the boat on cross contamination challenges for halal certified products
Chehayeb also ordered an enhancement of inspection methods and called for all testing laboratories to be reactivated.Jumblatt tweeted at the weekend that he and Abou Faour (also from the PSP) would make a visit to the slaughterhouse sometime this week.
19:46 GMT
Officials from all levels of government took measures Monday to try to regulate the food industry, in response to the ongoing food scandal that has gripped the country since last week.
India received $69 billion as remittances in 2012; a 2010 central bank study found Gulf nations accounted for 31 percent
18:19 GMT
India’s role as a top labor supplier means its drive cannot be totally ignored by recruiters, and it could have a big impact in some countries and industries.
However, property rental prices in some areas of Dubai have risen 60 per cent over the last 12 months.
04:55 GMT
Soaring costs of housing and education have offset Dubai’s tax-free benefits that traditionally lures most expats to settle down in the emirate, a new study has found.

November 17, 2014

The definition includes indentured servitude, forced marriage and the abduction of children to serve in wars.
22:14 GMT
Qatar rose up the rank from 96th place on previous list to the fourth position in the latest index.
The objective of the report was to quantify the economic impact of the aviation sector and its subsequent Dubai-based supply chain
21:47 GMT
Emirates airline, Dubai Airports and the aviation sector as a whole contributed $26.7 billion to the economy of Dubai in 2013.
The non-oil activity will be driving Oman’s growth in the coming years, according to the report by National bank of Kuwait (NBK).
16:46 GMT
The Omani government has opted to manage its crude oil reserves by limiting production, shifting its focus to diversifying its economy
Extracting and consuming more today means less is left for future generations who are not represented when choices are made.
04:55 GMT
The forces at work are more likely to be permanent rather than temporary and cyclical, suggesting low and/or a downward trend for oil and gas prices.

November 16, 2014

Non-sovereign debt capital markets could be an alternate way to fund the public sector. (AFP/File)
10:39 GMT
MENA non-sovereign debt capital markets make up a small part of financial markets but then again, have potential to replace private sector funding as an alternative source.
Saudi Arabia has the potential to become a tech-saavy country with its growing manufacturing sector. (AFP/File)
05:25 GMT
Manufacturing is becoming one of the fastest growing industries in the Kingdom, with an average growth rate of 7.5 percent, according to a recent report.