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The report notes that demographic structure of GCC countries is tilted toward young population, making education imperative.
11:59 GMT
Kuwait Financial Centre (Markaz) recently published the executive summary of its report on GCC education sector.
July is expected to have the lowest occupancy rate as it coincides with Ramadan
11:45 GMT
Hotels in Dubai have reduced room rates between 25 and 30 per cent to attract visitors during the slow summer season, according to industry experts.
The survey covered 13 dairy farms
11:37 GMT
Abu Dhabi’s rising livestock and dairy industry, which is part of the agriculture sector has shown substantial business activity in the last year showing the strides made and in the sector which has huge potential to achieve food security.
Barclays
11:24 GMT
A majority of high net worth individuals (HNWIs) in the Middle East believe wealth creation is faster today than in the past, more than any other region globally, according to the latest report by of Barclays Wealth Insights.
Citibank
11:20 GMT
CEO of Citi - Middle East division spoke to LSE graduates about Dubai's increasing "global attractiveness to investors, corporations and talent."
More than half (55 per cent) of respondents said they invested locally rather than internationally
06:19 GMT
While other markets are busy finding ways to stem capital flight, there is a growing trend of Middle Eastern investors keeping their money at home and taking control of their assets.
Emirates Airlines
06:00 GMT
Emirates Airlines was awarded the highly coveted ‘World’s Best Airline’ award, presented by Skytrax at the 2013 World Airline Awards yesterday.
The exchange is preparing for more enhancements and new packages to transform further DFM services online
06:00 GMT
Share trading activity on smartphones is steadily growing and gaining popularity among investors at Dubai Financial Market.

June 18, 2013

United Arab Emirates One Dirahm
13:54 GMT
The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment to the Gulf state, sources familiar with the plan said.
Out of 20 Arab countries with available data for 2012, a total of 15 countries witnessed increases in FDI inflows
13:49 GMT
Despite the events of the Arab Spring, FDI inflows into Arab countries rose during 2012 by 9.8 per cent to reach $47.1 billion compared to $42.9 in 2011.
Saudi Agriculture
13:05 GMT
Remains overweight on Savola and Neutral on Almarai Volatility in global food prices, reliance on imports and a lack of pricing power are key concerns, said NCB
IFIs tend to maintain higher levels of very low-yielding cash and Islamic interbank placements on their balance sheet
06:13 GMT
The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks, following a new record SR 25.2 billion ($ 6.7 billion) issuance of riyal-denominated sukuk in 2012.
Barclays’ study included responses from entrepreneurs, business leaders and investors in various markets
06:00 GMT
Wealthy individuals in the Middle East are not only resilient during a financial crisis, they are the most optimistic among major markets in the world.

June 17, 2013

Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012
11:49 GMT
At 86.4 million tons, Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012.
Digitalization of our economy is happening
11:37 GMT
A digital strategy is the need of the hour, according to some of the region’s leading digital companies.