riskandforecast

Risk Watch

Dubai  17/01/11

Dubai's Zabeel seeks debt restructuring as Dubai may seek to privatize assets

Dubai government-affiliated Zabeel group is seeking to restructure over US $1.6 in debt, as the government hints at privatization of infrastructure companies....
Risk Watch  03/01/11

Prime minister questioned in parliament as pressure mounts on him to resign

Kuwaiti prime minister is under unprecedented pressure by parliament to resign....
 
Risk Watch  03/01/11

UAE announces massive investment in the aviation industry

The UAE announced that it plans to invest AED 500 billion on further improving it’s aviation industry....
Risk Watch  03/01/11

UAE announces new labour laws

The UAE announced new labour laws that aims to give the expatriate population greater rights....
 
Bahrain  03/01/11

Oil prices remain above $90 per barrel

The increase of oil price to over US$ 90 per barrel is a positive development for all GCC states and Yemen....
Yemen  03/01/11

Ruling party paves way for Saleh to be president for life

Moves by Yemen’s ruling party to enable Saleh to remain president for life are likely to further increase calls for secession in the south....
 

UAE cuts budget by 6 %

The UAE’s cuts its budget by 6%, freezing spending on universities and cutting spending on utilities....
Kuwait  16/12/10

Kuwait on brink of unprecedented political crisis as police beats MP’s

Kuwait is going through unprecedented tensions between the government and the opposition, with MP’s beaten at a demonstration by police....
 
Qatar  16/12/10

FIFA awards Qatar 2022 FIFA World Cup

Qatar’s bid to host the 2022 FIFA World Cup won, increasing the country’s chances at economic diversification and giving the country a more prominent regional role....
Bahrain  16/12/10

Bahraini regime seeks to reach out to Shiite

Bahrain’s King has been making conciliatory remarks aimed at improving relations with the Shiite community....
 
Yemen  16/12/10

Yemen to go ahead with poll amid row

Yemen’s ruling party’s announcement that it plans to go ahead with the parliamentary elections in April 2011 has infuriated the opposition....
Risk Watch  01/12/10

Wikileaks US Cables compromise Yemeni government’s position

The Yemeni government’s position is severely compromised by the release of diplomatic US cables by wikileaks....
 
Risk Watch  01/12/10

Wikileaks claim GCC leaders urged attack on Iran

The US diplomatic cables published by wikileaks is likely to increase the risk of Iranian or Shiite attacks against some GCC states, who are claimed to have pushed the US to bomb Iran....
Dubai  01/12/10

Dubai considers selling off prized assets to pay debts

The announcement that Dubai is now planning to consider selling some of its assets is confirmation that the emirate has given up on trying to resolve its crisis with help from Abu Dhabi....
 
Saudi Arabia  01/12/10

Saudi king leaves to the US for medical tests

Saudi Arabia is bracing for a period of power struggle between and within the first and second generation princes....

Abu Dhabi’s Aldar in difficulty as Abu Dhabi faces property oversupply

Abu Dhabi developer Aldar is reportedly seeking a government bailout as it’s CEO resigns, its shares tumble and the government announces that Abu Dhabi has an oversupply of real-estate....
 
Dubai  16/11/10

Dubai Group misses two loan repayments

Dubai Group is reported to have defaulted on two payments. This will erode any regain of credibility that the emirate tried to build over the past year, since the Dubai World crisis. ...
Risk Watch  16/11/10

UAE imposes Visa restrictions on visiting Canadians

Relations between the UAE and Canada have deteriorated as the UAE announces that Canadians will require visas to enter the UAE....
 
Risk Watch  16/11/10

MPs demand minister's resignation over 'meat scandal'

Tensions in Kuwait continue to mount as opposition MPs call for questioning the Minister of Municipalities....
Bahrain  16/11/10

Central Bank of Bahrain issues news corporate governance rules

Bahrain’s Central Bank announcement that it is introducing corporate governance regulations is a positive move that will likely strengthen Bahrain’s position as a leading financial center....
 
 

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