Balancing the books The UAE announced its third consecutive zero deficit budget last month, justifying its move toward a performance-based budgeting strategy.The 2007 federal budget is the first to apply …
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This year’s poster child for financial excess surely had to be the Gulf stock markets. We warned on several occasions, in past issues of Executive, that the level of gambling …
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ALMATY, Kazakhstan. At first glance, Almaty, the former capital of this once Soviet republic in Central Asia, offers the typical drab of Soviet-style graying buildings, some badly in need of …
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Taha Mikati is the founder of Investcom. He began building businesses in 1979 after founding a successful construction business called ACC in Abu Dhabi. His knowledge of the construction industry …
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Fuelled by the continued influx of Arab nationals and capital, Lebanon’s real estate sector continued to grow in 2004 by an estimated 20%. Solidere had an outstanding year, as the …
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Riyadh Bank Posts 26% Growth in 2004 Profits Riyadh Bank, the second largest Saudi bank, released its 2004 figures featuring a growth of 26% in net income to $533.3 million …
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A restaurant owner shopping for new kitchen equipment has plenty of choices. Around 23 different companies compete on the main market for industrial kitchen supply, which is worth about $12 …