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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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UAE subsidy axe good news for EU exporters
Jul27

UAE subsidy axe good news for EU exporters

The United Arab Emirates, which has vast investments throughout Europe and funds lucrative orders for European businesses, stands to benefit from axing billions of dollars of fuel subsidies as it fights to control a fiscal deficit amid falling energy prices. Moody’s rating agency said (27 July 2015) fuel price deregulation measures that will be introduced in the UAE from 1 August are “credit positive for the UAE and Abu Dhabi...

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MENA wealth disparity shows up in sovereign ratings
Mar04

MENA wealth disparity shows up in sovereign ratings

The Middle East and North Africa (MENA) sovereign ratings illustrate the sharp economic and fiscal divisions as well as the political dynamics between the oil-exporting Gulf Cooperation Council (GCC) and the rest of the MENA region, says Moody’s Investors Service in an update to its Sovereign Outlook report on the region published 4 March 2014. “GCC sovereigns all have investment-grade ratings, generally reflecting strong...

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About the Middle East in Europe / meenet.info
Mar21

About the Middle East in Europe / meenet.info

The Middle East in Europe [meenet.info | www.TheMiddleEastinEurope.net] is the definitive magazine of interest to anyone involved with the Middle East and North Africa region, MENA communities in the West and Middle Eastern developments in the region stretching from Mauritania and Morocco to Afghanistan and Pakistan. With an expanding subscriber base amongst high net worth individuals, businesses, financial institutions and art and...

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