| | | | | | | | | UAE emerging onto yellow BRIC road
| | Seeing no immediate resolution to the Ukrainian crisis, the United States and the European Union toughen up their position on Russia. In their effort to enforce sanctions on the Russian state and economy, the West's position is directly targeting Russia's banking, defence and energy sectors. This will undoubtedly rattle the entire global economy in the coming months, considering Russia's energy strength | | | | | | | | | | | | | GCC focus on infrastructure up by 78 per cent in 2014 | | Infrastructure projects across the GCC rise to $86 billion this year with Saudi Arabia and Qatar dominating the share.The figures by construction intelligence firm Ventures Onsite indicate that developments this year will represent a rise of nearly 78 per cent on 2013, with each GCC state showing... | | | | | | | | | | Saudi's efforts to diversify economy showing best results in 2 years | | Saudi's non-oil industries have achieved their highest result since 2012, a survey showed on Tuesday. On Monday, AMEInfo reported that Saudi's decision to open up its stock market to foreign investors has been met with enthusiasm from investment managers, whereby two thirds of market leaders expressed | | | | | | | | | | | Etisalat Misr plans $500 million IPO | | Etisalat Misr, one of Egypt's largest mobile telecom companies, is in talks with investment banks in order to execute the country's biggest initial public offering in almost five years. According to sources, various unnamed banks… | | | | Saudi Telecom profits up 74.35 per cent | | Saudi Telecom reports a 74.35 per cent year-on-year increase in profits for H1 2014, reaching $1.4 billion. More remarkably, its performance in Q2 was 96 per cent higher than its figures for the same period in 2013. Reasons for this include: a non-recurring and non-cash charge... | | | | | | | | | | | | | | | | | | | |
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