Dubai looks set to enter the first division of world football, with news that the state-owned corporation Dubai International Capital (DIC) is closing in on a buyout of English Premier…
Category:
GCC
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In tandem with the emirate’s development, Dubai’s insurance industry is set to reach new heights over the next few years. Meanwhile, throughout the Gulf Cooperation Council (GCC) the insurance sector…
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This year saw new UAE telecoms operator Emirates Integrated Telecommunications Company, branded as du, secure its customer base ahead of its expected launch of operations in February. Du, which launched…
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In early January, the Abu Dhabi Securities Market (ADSM) signed a cross-listing agreement with the Muscat Securities Market (MSM), reflecting its will to attract foreign investors, improve its performance and…
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While public awareness of the dangers of global warming still has a long way to go in the Middle East, it is beginning to be taken increasingly seriously. Recent interest…
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It has been a busy few weeks for Kuwait’s telecommunications sector, with the country’s existing mobile phone network operators announcing ambitious expansion plans overseas, while facing the prospect of a…
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As is the case with most of the states in the Gulf region, Oman is actively working to broaden the base of its economy and to provide employment opportunities to…
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Despite the market volatility throughout the Gulf Cooperation Council (GCC) region, the Muscat Securities Market (MSM) has experienced overall growth of 12% in 2006. In a report issued in August,…
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On December 16, Amr al-Dabbagh, the governor of the Saudi Arabian General Investment Authority (SAGIA) discussed how the kingdom’s ambitious economic cities projects would break new ground in the integration…
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After much speculation, two private airline licenses have been awarded, heralding the beginning of a new era for aviation in Saudi Arabia. The Supreme Economic Council, which is personally headed…
