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September 22, 2014

The UAE, which is new to the industry in comparison to countries with older, developed health systems, requires a more focused approach to promote its available services.
05:44 GMT
One of the main challenges in the region is to reverse the outbound medical tourism trend, and provide specialised services in line with the required capacity and the prevalence of lifestyle diseases
The move has been a long time coming. Saudi authorities have slowly unrolled a plan to liberalise the market spanning a decade, and pursued a long- term reform agenda.
04:55 GMT
reign investors are salivating at the prospect of investing in Saudi Arabia’s well developed but frontier market with a string of world-class companies that have remained largely out of the portfolio of global fund managers.

September 21, 2014

Micronutrient fortification in fertilizers will be an opportunity for innovation, trade ties and economic stability.
15:15 GMT
Fertilizers that can combat nutrition deficiencies will be a major opportunity for GCC producers.
And Gold’s Gym’s members aren’t the only ones upping their activity; Seebran expects to lift the company’s total number of clubs to 22 by the end of the year following a series of openings.
13:41 GMT
In a country where most residential towers have their own gym facilities, Gold’s Gym is looking to lure members with the promise of a larger range of equipment, more floor space and a better atmosphere.
The Mongol Tower and WOO City developments will be highlighted at Cityscape Global as part of Nikken Sekkei’s extensive showcase of global design projects.
05:55 GMT
The Mongol Tower and WOO City developments will be highlighted at Cityscape Global as part of Nikken Sekkei’s extensive showcase of global design projects
Analysts have already pointed fingers at the dollar for the decline in prices of commodities like precious metals, corn and oil in recent weeks.
04:55 GMT
That marks the dollar’s longest rally since the index was created in 1973 - and could pose significant headwinds to dollar-sensitive sectors of the market.

September 18, 2014

Newswire reports suggest that Goldman Sachs’ issue of a five-year $500 million Sukuk was some 3x oversubscribed with orders of around $1.5 billion.
13:44 GMT
The US investment bank appears to have learned from the fiasco of its first attempt to market a Sukuk in 2011.
Buying a home is a dream for many, however the financial commitment can be daunting (Shutterstock).
04:55 GMT
That “dream” home can quickly turn into a nightmare if you’re constantly struggling to make payments on it.
The banking industry may be in worse shape than many think. On Tuesday Twitter user @fuatavni revealed the names of eight banks that he maintains are in financial difficulties.
04:55 GMT
“You can't run a mill with a bucket of water,” Erdoğan said.

September 17, 2014

Asia and Turkey will also remain the most important trade partners of the UAE in terms of imports.
15:55 GMT
The UAE is likely to remain top export destination for India till 2030, and China is forecast to emerge as the second largest export market, displacing the US.
 This time round, in contrast to previous bouts of weakness in the shekel in recent times, it looks as though the trend is here to stay for a while.
05:55 GMT
"The economy is slowing down sharply," Carmeli warns, "and when you combine this with the fact that Israel is part of the global picture, it's likely that the shekel will continue to weaken."
Almost two-thirds (65 per cent) of wealthy individuals in the UAE identified strong economic security and opportunity as the key factor behind their decision to reside within the country over the next five years
04:55 GMT
Among the UAE HNWIs the report referenced a strong leaning towards religion, ethnicity, extended family and local community leading as being key drivers of their sense of nation.

September 16, 2014

Technology will play a critical role in the implementation of these projects.
15:25 GMT
This makes the kingdom the Middle East’s largest megaproject market by a wide margin,
This year’s conference will see some 200 fund managers from 117 institutions in Europe, the US, the Middle East and Africa obtain first-hand insights during three days of face-to-face meetings with C-suite executives from top listed MENA companies.
05:55 GMT
The debate about the resurgence of the MENA region will take centre stage today at the Emirates Stadium as institutional investors from 27 countries with aggregate assets under management in excess of $8 trillion come togehther.

September 15, 2014

 Female workforce participation stands at an estimate of just 24% in the Middle East, but the region’s women are proving their worth.
22:27 GMT
Forbes Middle East has unveiled its coveted 2014 ranking of The 200 Most Powerful Arab Women.