Tuesday 2 September 2014
 
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Saudi economy positioned for a cyclical rebound

Saudi Arabia’s economy will start gathering pace from the second half of the year, as the non-oil economy adjusts to the labour market initiatives and base effects turn favourable in 2015, a report said. The Saudi economy appears to have weathered reasonably well the impact

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GCC ports serving range of strategic interests

The Gulf’s oil bonanza and resulting economic windfall has in recent years placed unprecedented burden on the region’s transport infrastructure, impacting its ability to trade efficiently with the outside world, writes Simon Hallett in an article in The Gulf, our sister publication.

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Saudi stocks 'richly valued but still attractive'

Middle East funds are bullish on Saudi Arabia's stock market despite concern it is getting richly valued, while they think the United Arab Emirates has bottomed out after a volatile few months, a Reuters survey showed. The Saudi stock market index has jumped 13 per cent since

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As aluminium market shifts to deficit, all eyes on China

For the world's hard-pressed aluminium producers the current outlook is the rosiest in many years. Russian giant UC Rusal, for example, has just returned to profit for the first time in five consecutive quarters. That's largely thanks to the combination of

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Islamic State presents new test for Jordan

He had a good job and a loving family, but it wasn't enough for a 25-year old Jordanian who abandoned his life of privilege in Amman to join the Islamic State group that has seized swathes of neighbouring Iraq and Syria. Handsome, courteous and highly regarded in his professi

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Tadawul opening to foreign investors ‘a key milestone’

The Saudi Arabian index is the region’s most diverse capital market due to its size and maturity, and has been gearing up to welcome foreign investors for sometime now, said a report. Although foreign investors have been able to access the Saudi Stock Exchange (Tadawul) thr

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Iraq, Syria pose Saudi dilemma: failed states or Iran proxies

With militant Islamists gaining the upper hand in Syria's rebel movement and grabbing big tracts of Western Iraq, Saudi Arabia faces a dilemma. Saudi Arabia has long seen the conflicts in Iraq and Syria as a pivotal battle for the future of the Middle East, pitting Sunni Musl

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Discounts battle on the high seas hurting carriers

The ocean freight industry has been suffering for years from immense competitive pressure, partially due to ruinous price battles caused by rising overcapacities, a report said, adding the prices for containers on certain routes have even occasionally fallen below the providers' cost level.

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Bitcoin showing some staying power

Bitcoin is catching on at US online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power. Though sales paid for in bitcoin so far at vendors interviewed for this ar

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US air strikes on Syria could face formidable obstacles

American forces face formidable challenges as President Barack Obama considers an air assault on Islamist fighters in Syria, including intelligence gaps on potential targets, concerns about Syria's air defenses and fears that the militants may have anti-aircraft weapons, current and former

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