Marmore Articles

A report released by the UAE central bank towards the end of July 2015 indicated that the government is likely to cut spending by 4.2% in the fiscal year of 2015. According to the report, consolidated government spending is expected...

Key Questions What is currency pegging? Why do countries opt for it? When a country fixes the exchange rate of its currency to another country’s currency to control the value of a currency, it is known as currency pegging or...

According to a Ifri-Markaz report published in 2012 called ‘Powering Kuwait into the 21st Century: Alternatives for Power Generation’, it was pointed out that the GCC region is facing gas shortages and Kuwait ranks independency of supply among its policy...

Offsets, in defense and civil trade, are essentially compensations that a procuring government or buyer seeks from the seller for the purchase of goods and/or services. A practice that originated in the 1950s, offsets have grown in stature over the...

Sectors with high E-commerce potential People in Dubai and Saudi Arabia love to shop in malls. Dubai has two shopping festivals in a year and the number of malls in GCC is growing, as more companies prefer brick and mortar...

With economic diversification and industrial growth becoming a key part of the reforms agenda in the GCC, there is much attention being focused on the foreign ownership regime across the bloc. This note will delve into the foreign ownership laws...

KEY QUESTION 1: Can you explain the market growth in the GCC region? The GCC countries have been doing a lot better than both the developed and the emerging markets. The governments in the GCC region have been using oil...

Dubai is a global business city located in the UAE with a population of 2.1 million and a GDP per capita based on PPP of USD 65,000. In contrast, Riyadh, the capital city of Saudi Arabia, boasts of a population...

KEY QUESTION 1: What is Crowd funding? How is it gaining at the global level? Officially, Crowdfunding stands for “Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure”. Here, a venture is funded by a large number of people, via...

KEY QUESTION 1: How far have the GCC countries ventured into social media? The social media has offered the population in GCC countries an opportunity to express themselves and access more information. According to the Arab Social Media Report, 2012,...