August 9, 2012
“Real gross domestic product growth in the GCC is seen dipping from 5.1 percent in 2012 to 3.5 percent in 2013, though the decline is largely due to a policy-driven cut in oil output from Gulf OPEC members”.
Sudan's ruling National Congress Party reiterated that oil deal with South Sudan cannot be implemented without a comprehensive agreement over the remaining unresolved issues, particularly the security matters.
How can the region's operators capitalise on this positive outlook for the oil industry, compete positively against their rivals and ensure that they get a significant slice of market share?
August 8, 2012
The global economic recovery has slowed down again in early 2012, according to a worldwide survey of finance professionals.
When over 8,000 students graduated from private universities in Dubai, universities are continuing to create a young workforce looking for employment in local markets.
Bahrainis are keen to bridge the gap between their educational preparation and actual job requirements.
August 7, 2012
The "Expat Financial Screening" service is designed to help financial institutions understand the background/financial history of their customers.
When used in a rigorous and targeted manner, Public-Private Partnerships (PPPs) can ensure efficiency, speed, transparency, and economic impact in the delivery of services or vital infrastructure.
Attacks aimed at small businesses doubled in the first half of 2012 suggesting that hackers are dedicating more resources to what they see as the most vulnerable marks, according to Symantec.
August 6, 2012
The decentralized model of alternative power generation can be a bonus, cutting grid transmission losses and construction times, but it can also be a burden for investors, particularly during a downturn that favors defensive stocks.
The Middle East economies will be hit by a decrease in tourism, trade and direct investment from Greece and other Euro zone countries.
Oil demand in emerging markets and oil producing countries will top 45.7 million barrels per day (bpd) that is some 600,000 bpd more than expected demand from OECD countries.
August 5, 2012
Big numbers of Arab tourists are seen everywhere in Istanbul and other Turkish cities this year, as other tourism destinations, especially Egypt, Syria, and Lebanon, are grappling with the Arab Spring and its aftereffects.
Electricity supply deteriorated across Lebanon to unprecedented levels over the past months due to the standoff at EDL.
Iran is being hit by a "war" on its economy, according to officials facing tightened US sanctions and renewed Israeli threats of imminent military action over Tehran s nuclear activities.