Turkey is stepping up its investments in its defense industries, aiming to reduce its dependence on imports and insulate the country’s military capacity from embargoes and blockades, while also seeking to expand the reach of the Turkish armed forces, though it is doubtful if all of the targets set by the government will be met….
The Algerian pharmaceutical sector, which depended upon massive imports to fulfill medical supply needs, is now on a path of rapid and positive progression. With an aim of improving the local medicine and medical supply needs, and to acquire scientific, technological and technical know-how, Algeria is working on important partnerships with foreign players in the…
By Gareth Smyth In the same week during which US President Donald Trump replaced Secretary of State Rex Tillerson with CIA director Mike Pompeo, the Saudi cabinet approved its first national nuclear program on March 13, with 16 reactors costing $80 billion. While Riyadh has stressed the diversification of energy sources and its acceptance of…
By Al Emid The Kingdom of Saudi Arabia has undergone significant transformations in the relatively recent past. In 1927, the United Kingdom acknowledged the independence of the Kingdom of Hejaz and Najd, and, in 1932, the House of Saud proclaimed its unification as the Kingdom of Saudi Arabia under Ibn Saud. In 1945, then King…
Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices due to inflation or deflation… these are some of the predicaments that Middle East region is jostling with for the last over a decade. So are these the signs of another economic meltdown looming over the head…
Turkey is stepping up its investments in its defense industries, aiming to reduce its dependence on imports and insulate the country’s military capacity from embargoes and blockades, while also seeking to expand the reach of the Turkish armed forces, though it is doubtful if all of the targets set by the government will be met….
The Algerian pharmaceutical sector, which depended upon massive imports to fulfill medical supply needs, is now on a path of rapid and positive progression. With an aim of improving the local medicine and medical supply needs, and to acquire scientific, technological and technical know-how, Algeria is working on important partnerships with foreign players in the…
By Bastian von Beschwitz, Oleg Chuprinin and Massimo Massa A short seller is often thought of as a slick Wall Street trader who doesn’t mind making money as companies lose value and never considers the misery that may be at the other end of a trade. A hard, number-bound person, focused on quantitative information. With…
By Ian C. Woodward, Dubai High altitudes hold a special place in the history of human achievement. We remember New Zealander mountaineer Sir Edmund Hillary and Nepalese sherpa Tenzing Norgay as the first climbers to reach the summit of Mount Everest. Other altitude pioneers include Russian cosmonaut Yuri Gagarin, the first human to reach outer…
By Gareth Smyth In the same week during which US President Donald Trump replaced Secretary of State Rex Tillerson with CIA director Mike Pompeo, the Saudi cabinet approved its first national nuclear program on March 13, with 16 reactors costing $80 billion. While Riyadh has stressed the diversification of energy sources and its acceptance of…
By Al Emid The Kingdom of Saudi Arabia has undergone significant transformations in the relatively recent past. In 1927, the United Kingdom acknowledged the independence of the Kingdom of Hejaz and Najd, and, in 1932, the House of Saud proclaimed its unification as the Kingdom of Saudi Arabia under Ibn Saud. In 1945, then King…
Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices due to inflation or deflation… these are some of the predicaments that Middle East region is jostling with for the last over a decade. So are these the signs of another economic meltdown looming over the head…
With booming young population hooked to internet and ground-breaking breakthroughs in the areas of Artificial Intelligence and Virtual reality, video gaming industry is certainly expected to come on its own in the Middle east region. Pegged at reaching more than $4 billion by 2022, Middle East and North Africa (MENA) region is clearly outpacing the…
The winners of the Top CEO Awards 2018 have been announced following the successful conclusion of the ‘Top CEO Conference and Awards’, which took place under the “Paradigm Shift” theme at King Abdullah Economic City, Saudi Arabia, on April 10-11. The event saw business leaders and more than 30 expert speakers from across the Middle…
The “Top CEO Conference and Awards” and the “Arab Women Forum” ended on a high note at the King Abdullah Economic City in the Kingdom of Saudi Arabia, where business leaders and more than 50 expert speakers from across the Middle East gathered to discuss the burning issues facing the corporate world today. The events…
