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European business looks to Saudi fiscal fix

European business leaders are looking keenly at economic and fiscal reforms announced by Saudi Arabia because of their large stakes in maintaining a steady flow of trade and investment in the region. A report by Arabia Monitor consultancy, Saudi Arabia: Fiscal restructuring forges ahead,  presented an upbeat outlook for the kingdom as well as neighbouring countries that are part of the Gulf Cooperation Council political and economic...

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Saudi economic outlook rated as negative
Dec16

Saudi economic outlook rated as negative

Amid confusing signals — a costly war on Yemen and ambitious social reforms at home — Saudi Arabia has seen its sovereign ratings affirmed but economic performance slapped with a ‘negative’ outlook by CI Ratings. Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency announced that it has affirmed Saudi Arabia’s Long-Term Foreign and Local Currency Ratings at ‘A+’ and its Short-Term Foreign...

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UK vows tougher stance to counter terrorism

Incumbent British Prime Minister Theresa May has promised a tougher stance against international terrorism and its sympathisers after the  violent  incidents in London and Manchester that left dozens dead or wounded. In each case responsibility for the attacks was claimed by the Daesh terror franchise. May hopes to continue with her toughening stance if elected in the UK general election on 8 June. Opposition leader Jeremy Corbyn has...

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With Trump in the Oval Office, the world’s direction is a known unknown
Nov17

With Trump in the Oval Office, the world’s direction is a known unknown

Credit must be given, however grudgingly, where it is due. To paraphrase Donald Rumsfeld, one of the jokers in the Bush pack, we are now awash with a great plethora of known unknowns.  With Donald Trump set to become American president come 20 January 2017, the world is entering an unknown territory, according to the International Institute for Strategic Studies. In the forthcoming edition of the IISS journal Survival, eminent US...

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Arqaam Capital upbeat about MENA structural reform
Sep20

Arqaam Capital upbeat about MENA structural reform

Arqaam Capital, a specialist emerging and frontier markets investment bank, says it sees positive mediump to long-term impact from structural reforms in the Middle East and North Africa region The bank on 19 September  inaugurated its third MENA Investors Conference in Dubai, coinciding—as analysts saw—with a time of change and reform in the MENA region. The prolonged oil oversupply, which may extend into the first half of 2017, has...

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Do Facebook humans, not algorithms, decide what is news?
May12

Do Facebook humans, not algorithms, decide what is news?

Facebook news selection is in the hands of breathing human editors not algorithms, according to an ‘exclusive’ published 12 May 2016 by The Guardian newspaper, London, which cites ‘leaked’ internal FB guidelines showing human intervention at almost every stage of FB news operation, just as in a conventional media organization. If confirmed independently that would make Facebook the world’s largest news...

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