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In Syria's shadow, Iraq violence a new test for USSaddled with Middle East problems ranging from Iran to Syria and beyond, President Barack Obama now faces one that is both old and new: Iraq. Unresolved sectarian tensions, inflamed by the raging civil war in neighboring Syria, have combined to send violence in Iraq to its highes More… |
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Oil saving win-win drives Saudi solar boomA slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at less than half the cost, said experts. Riyadh plans to install 41,00 More… |
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Warning signs for China, Fed hints at curbing stimulusChinese factory activity shrank in May for the first time in seven months, overshadowing signs that the euro zone's downturn tempered slightly in May, business surveys showed on Thursday. World stock ma More… |
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Clamp on radicals tests Tunisia's stabilityFor the first time since the Arab Spring uprisings of 2011, relations between Tunisia's mainstream Islamists in government and radical Salafist Muslim activists have reached breaking point, sparking deadly clashes in two Tunisian cities. More… |
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Cancer immunotherapy 'next big thing'A new wave of medicines that tap the power of the immune system to fight cancer could become the biggest drug class in history, with potential sales of $35 billion a year. That bullish sales forecast by ana More… |
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Labour Markets: A new perspective on changeCliff Oswick is a professor in Organisation Theory at Cass Business School and Cass Dubai Centre. In 2011, the Arab Spring swept across parts of the Mena region. Many western nations were quick to support the social activism and democratic principles/right to individual More… |
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Airbus A350 could make Paris show flypastAirbus could steal the Paris Air Show with a flypast of its newest passenger jet, the A350, as confidence grows over a maiden flight some four weeks away. The timescales of its previous airliner launches su More… |
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Regulations, lack of liquidity ‘hitting GCC IPOs’Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, experts said. Other issues hitting the IPO issuances included changes in capital ra More… |
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GCC: Positive outlook despite oil price dipThe fall in oil prices to below $100 per barrel over the past few weeks has triggered some concerns over the potential impact on the Gulf region’s economy. Brent crude prices fell by some 19 per cent from their peak of $119 in February to a low of $96 in mid-April – t More… |
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Gulf wealth funds raising private equity investmentsSovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other types of investment, US fund manager Invesco says in a new study. "Contrary to popular perceptions these vast state funds are not piling int More… |
