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GCC Telecom Sector Quarterly - 4Q11   
    
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Global Investment House - 22 March, 2012

Etisalat has decided to shut down its India operations – the decision comes following the India’s Supreme Court order which cancelled 122 telecom licenses in the 2G spectrum allocation scam. The apex court on February 2, 2012 ordered cancellation of 122 licenses issued by the then telecom minister in 2008. Etisalat owns about 45% stake in Etisalat DB, a joint venture between Indian player DB Group and Etisalat of UAE. Etisalat, is the second foreign telecom company to exit India after Baharain Telecom which offloaded its 42.7% stake in S Tel. Etisalat's 1.67mn strong subscriber base
is spread across 15 circles, including Andhra Pradesh, Delhi, Gujarat, Haryana, Karnataka, Kerala, Maharashtra, Mumbai, Punjab, Rajasthan, Tamil Nadu (including Chennai), Uttar Pradesh (East and West), Madhya Pradesh and Bihar.
 
MENA Hospitality Update: April 2013
Source : Taameer  
Date : 2013-05-23
The hotel industry in MENA exhibited strong performance in February 2013. Occupancy rate grew to 66.4% from 62.4% in February 2012, while ADR rose 2.9% to $ 176.55 compared to...
April Inflation Update; Food inflation continues to accelerate
Source : Jadwa Investment Company  
Date : 2013-05-23
Saudi annual CPI inflation slightly increased to 4 percent in April compared with 3.9 percent in the previous three months. It slightly eased to 0.2 percent on a monthly basis....
Saudi Arabian economy - Resilient non-oil private sector growth
Source : Al Rajhi Capital  
Date : 2013-05-02
The current robust business cycle was boosted by sharp rise in oil production and government spending since early 2011. However, growth in both sectors has already peaked. Oil sector growth...
Crude prices drop on demand concerns…Kuwait could see KD 12 bn budget surplus in FY13/14
Source : National Bank of Kuwait  
Date : 2013-05-02
Crude oil prices dropped in early April, as concerns over global economic growth increased and forecasts for global oil demand were revised down....
Oil Market Report - Global
Source : Global Investment House  
Date : 2013-05-02
WTI crude prices dropped below USD90 per barrel amid renewed Euro-zone fears WTI crude oil price declined by 5.1% during the review period (15 Apr-15 Mar 2013) to USD88.70 per...
GCC Central Banks Digest - March 2013 - Update
Source : KMEFIC  
Date : 2013-05-02
This report has been prepared by Kuwait and Middle East Financial Investment Company (KMEFIC) showing GCC central banks positions by different indicators....
GCC healthcare Sector
Source : SHUAA Capital  
Date : 2013-05-02
Faced by relatively high loss ratios, particularly from the medical segment (80-90% for three largest insurance providers in KSA and north of 100% for most insurance companies in UAE), regional...
Economic diversification in GCC countries: Past record and future trends
Source : London School of Economics and Political Science  
Date : 2013-05-02
Employing an empirical and comparative approach, this research paper analyses the past record and future trends of economic diversification efforts in the six Gulf Cooperation Council (GCC) countries. Applying the...
GCC Markets Monthly - April 2013
Source : Gulf Investment Corporation  
Date : 2013-05-02
Following the hesitant global economic growth during 2012, there has been an improvement in 1Q 2013; Emerging economies of Asia, China in particular, remain key drivers of recovery...
Saudi Chartbook - May 2013
Source : Jadwa Investment Company  
Date : 2013-05-02
Real Economy: Economic data for March stayed healthy. Indicators of domestic demand picked up, while cement sales also jumped to their highest level in March....
Weekly Economic Update - Gulf One Investment Bank
Source : Gulf One Investment Bank  
Date : 2013-04-30
After the slowdown in the last quarter of 2012, US economic growth picked up momentum in the first quarter of 2013, as the real GDP expanded at an annualized rate...
Economic Commentary - 1, January 2013
Source : Arab Petroleum Investments Corporation  
Date : 2013-04-29
The year 2012 was dominated by rapidly evolving events with far‐reaching repercussions for the Middle East and North Africa (MENA).1 In the so‐called 'Arab Spring' countries, where regime changes and...
GCC Markets Monthly - January 2013
Source : Gulf Investment Corporation  
Date : 2013-04-22
Global economic growth has been forecast at 2.7-3.0% in 2013, much slower than historical rates of 4-5% which the world economy realized prior to the global financial crisis...
2013 Outlook - Light at the end of the Tunnel?
Source : Gulf Investment Corporation  
Date : 2013-04-22
The visibility for global economic growth has deteriorated during 2H 2012, after some encouraging signals during the first half. While new policy stimulus from the ECB and US Fed have...
The GCC hydrocarbon sector: big and getting bigger
Source : National Bank of Kuwait  
Date : 2013-04-22
Despite the push for greater economic diversification over the past decade or so, no sector comes even close to rivaling the hydrocarbon sector as the backbone of the GCC economy....
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