Economy
Middle East economy news and analysis, tenders, contracts awarded, commentary and economic data.
Economy News
Adia restructures board of directors
Abu Dhabi’s sovereign wealth fund publishes first annual review
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Iraq to invest $25bn in homes in 2010
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Saudi Arabia approves first exchange-traded fund for foreigners
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S&P lowers credit rating of Jordan’s Arab Bank
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Oman inflation jumps to five-month high in January
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Gulf growth to outpace developed countries in 2010
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Bahrain economy to grow 4 per cent in 2010
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Bahrain bond roadshow to start mid-March
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Dubai World to meet UAE banks for debt talks
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Gulf banks’ non performing loans will peak in mid-2010
Economy Analysis
Egypt Muslim Brotherhood
The top officials in Egypt’s largest opposition party are: Mohamed Badie Abdul Mageed Samy, Mohamed Saad el-Katatni, Mahmoud Ezzat, Rashad el-Bayoumy, Essam el-Erian and Mahmoud Hussain.
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Moody’s financial downgrades rock Abu Dhabi-backed companies
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Balancing Saudi Arabia’s local and export oil needs
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Kuwait enters an era of political and economic change
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Getting Gulf banks lending again
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Regional investment agency chiefs
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Tehran courts Latin America
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Majid Al-Futtaim Group
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Emirates seeking strength through unity
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GCC Royal Heirs
Economy Special Reports
Special Report: Kuwait - New optimism inspired by parliament
A new optimism can be sensed in Kuwait, following parliament’s approval in February of a $102bn development plan proposed by the governing cabinet. For the first time in years, the legislative and executive bodies are pulling in the same direction.
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Special Report: UAE - Dubai downturn forces strategy rethink
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Special Report: Banking - Public sector projects raise hope
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Special Report: Qatar – Population rise poses challenges
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Special Report: Saudi Arabia - Riyadh pushes peace talks
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Special Report: Education - Gulf invests in high-tech future
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Special Report: Iran - Regime prepares to face down critics
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Special Report: Saudi Arabia - Riyadh builds ties with China
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Special Report: Kuwait - MPs push for finance reforms
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Special Report: Qatar - Real estate firms phase projects
Economy Data
Economy 2010: Middle East returns to growth
Most of the region’s economies are expected to enjoy a recovery in 2010 as oil prices stabilise and Opec increases production
World Bank forecasts Middle East recovery in 2010
The World Bank is forecasting a recovery in the Middle East economy in 2010 after suffering a growth setback in 2009.
Egyptian economy grows 5 per cent
Growth rate supasses government forecasts
Iraq starts planning 2010 budget
Finance ministry to submit proposals for parliamentary approval by October
Economy Tenders
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Egypt: Magnetic resonance instruments
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Kuwait: University O&M and repair works
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Kuwait: Sports stadium construction
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Saudi Arabia: Ambulances
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Egypt: Laboratories and welding workshops
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Saudi Arabia: Medical equipment
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Qatar: Curriculum development multi-media support
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Yemen: Training programme impact assessment
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Yemen: Social welfare fund consultancy
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Oman: School classrooms (16)
