Category: Middle East business and economics

Middle East
Dubai
Abu Dhabi

UAE-Israel deal makes waves

In August 1990, though he didn’t know it, Iraq’s President Saddam Hussain created the conditions by invading Kuwait for the launch in Madrid 14 months later of what remains the most credible attempt to end the Arab-Israel conflict. His actions…

Saudi fertiliser plant sale advances

Two Saudi petrochemical giants have hired investment banks to advise on the potential sale of a stake in the Ibn Al-Baytar fertiliser company. Saudi Arabia Fertilizers Company (Safco) has hired Samba Capital, while Saudi Basic Industries Corporation (Sabic) has chosen…

9/11 suit delays Saudi bond

Saudi Arabia’s first international bond may be delayed by a U.S. vote on legislation that would allow the families of 9/11 victims to sue the Arab country, Bloomberg reported today. A Senate vote to override President Barack Obama’s veto of the…

The Arab Spring in retrospect

This article was published by MEED in May 2011 Wishful thinking will not help the Arab uprisings May, 2011 BY EDMUND O’SULLIVAN The death toll is mounting as the reaction to Arab uprisings unfolds. Champions of change are learning that lasting…