Путешествия по Европе Голосов: 2 Адрес блога: http://sempreprimo.blogspot.com/ Добавлен: 2008-08-17 13:20:58 блограйдером avanti

Questions raised on Arab education

2011-12-08 09:41:42 (читать в оригинале)

Higher education in the Arab world focuses on quantity and not on quality, the Arab League Educational, Cultural and Scientific Organisation (Alesco) observed in a report presented at the 13th conference of the Ministers of Higher Education, held yesterday at Zayed University.

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Dubai Govt: No intention to restructure entities' debt due 2012

2011-12-08 08:54:58 (читать в оригинале)

Dubai has no intention of restructuring the debt of government entities that falls due next year, though it may seek to refinance part of it, a top government official said.

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Samba Financial Group: The GCC - Economic Outlook 2012

2011-12-07 19:58:00 (читать в оригинале)

The global environment has become more challenging and risky, with much hanging on developments in the eurozone. With a recession now on the cards in Europe, global growth will slow to 3.2 percent next year, with the US posting 1.5 percent growth and emerging markets 5.5 percent.Oil markets are likely to weaken, although sustained growth in emerging markets oil demand will provide support. GCC oil production will need to be scaled back to accommodate the return of Libyan oil, and further OPEC coordinated cuts may be needed to keep prices around $100/b.GCC real GDP growth is expected to surge to 7 percent in 2011 on the back of increased oil production and soaring oil revenues which are being spent by governments on boosting salaries and employment as well as supporting development agendas. While sustained fiscal stimulus will continue to bolster non-oil sectors, a weaker global environment and reduced contribution from oil sectors will see growth dip to 3.7 percent in 2012.The benign global inflation environment will help keep GCC rates under control, despite high public spending. The dollar exchange rate peg will be maintained and GCC interest rates will remain low in line with US rates. Domestic credit growth should continue to revive, although growth will likely remain relatively modest. GCC banks generally remain well capitalised and liquid, although country specific constraints are apparent.Although government spending has risen sharply and oil prices are expected to decline, GCC states (except Bahrain) are still projected to run healthy fiscal and current account surpluses in 2012. That said, fiscal positions are now more vulnerable to oil price movements. The average budget break-even price for the GCC as a whole is estimated to have risen to $70/b.

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EFG Hermes: MENA Stratetgy Note (07-Dec-11)

2011-12-07 19:49:00 (читать в оригинале)

MSCI?s Market Classification Review on 14 December 2011 is unlikely to see the UAE and/or Qatar being reclassified to Emerging Market status, we believe. That said, the more subjective elements of the review (market participant feedback) make a high conviction call on the outcome difficult and make the arguments against an upgrade less clear cut. We expect alimited negative impact from the announcement and remain Overweight on Qatar due to a sound macro backdrop. We expect previous months? net foreign outflows to steadily reverse going forward.

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Al Zorah halves cost as it converts Ajman project into resort

2011-12-07 15:50:37 (читать в оригинале)

Al Zorah Development Co., a property firm based in the emirate of Ajman, said it had managed to cut in half to 1.2 billion U.A.E. dirhams ($326.7 million) the cost of its Al Zorah project after revising its original plans for the scheme.