March 12, 2015
harm El-Sheikh will host the Egyptian Economic Development Conference on which authorities are pinning high hopes of attracting at least $10 billion in foreign investment to prop up the country’s battered economy.
The source was quoted in a local publication as saying that the implementation would be done in stages to soften any negative consequences for workers and employers.
Business meets politics: Germany’s arms exports to Egypt, Saudi Arabia and UAE raise 'harrowing questions'
In a surprise move of transparency the German government has disclosed a list of all the arms exports from Germany since 2002.
March 11, 2015
Government officials have been underlining Turkey's new position as a potential lender to the IMF at every possible occasion in order to emphasize the developments made during the years the AK Party has been in power.
Given the stakes and uncertainly that these issues collectively represent, the fallout from the recent Torch fire may have only begun.
March 10, 2015
The Saudi stock exchange (Tawadul) is likely to open to foreign investors in 2015, and Gulf’s governments and corporates outside Saudi Arabia are concerned about the impact that it would have on their countries.
Saudi Arabia is capitalising on both new business and leisure tourism opportunities with 55 planned or under-development projects.
The kingdom continued to be the highest paying country for most positions in our 2015 survey, especially for westerners.
March 9, 2015
An extensive search in the southern Indian Ocean, where satellite data showed that the Boeing 777-200ER ended up after being diverted from its original flight path, has not found any sign of the plane.
UAE national carrier Etihad Airways said it has received an overwhelming reponse for the airline’s inaugural flight from New York’s John F. Kennedy (JFK) International Airport to its hub Abu Dhabi in The Residence by Etihad.
Locations such as International City and Discovery Gardens, which were aimed at the budget-conscious investor, had seen sharp upturns in 2013, and instantly putting them out of reach for buyers in this category.
Qatari women are increasingly defying social constraints and joining the workforce in the booming energy-rich country, which offers support for new enterprises and encourages start-ups by university graduates.
It’s one of the unwritten but well-observed rules of financial markets, especially currencies, that a turning point is quite possibly in reach when everybody is inclined in one direction.
March 8, 2015
Rose expects Bentley’s overall percentage of sales from the region to increase as a result, describing the Middle East as “the biggest opportunity” for the company in the next “three to four years”.
“In the next 50 years or so, we may not have any oil or gas. And this is something that the government is thinking about.