UAE Upgraded to “Emerging Market”

Posted on Oct 10, 2011 in Middle East Outlook, UAE Investment and Finance

Russell Investments has recently upgraded the UAE to an “emerging market” from a “frontier market” and is the first GCC country to be promoted to that designation. In addition to the economic development of the market, the monitor also looks at things such as the legal framework around the market and its “breadth in liquidity.” […]

Gulf State Economies Defy Slowdown

While the economic growth in the United States and Europe appears stagnant at best, the outlook for emerging markets and the major oil producers remains positive. There are indications that the UAE is among those countries showing resilience and a degree of independence from trends in the larger world. In a June 17 report the […]

Will Islamic Finance Continue to Grow Globally?

by Arti Sangar Arti Sangar is a partner at Diaz Reus’ Dubai office. Imagine a hypothetical situation where you have recently been appointed the CFO of a multinational company and you are expected to be able to raise capital for your company. You are faced with a variety of financing options and are overwhelmed by […]

Explosive Games Growth in MENA, Emerging Markets

Social games are exploding across emerging markets, a phenomenon that mirrors the rapid expansion of social media sites in the Middle East and Latin America. Today Peak Games announced that it had raised an additional $(US)11.5 million funding round to further solidify its position as a gaming powerhouse in emerging markets. A core element of […]

Hiring Lawyers Overseas

This article by Carlos Gonzalez is a Partner with Diaz Reus & Targ, LLP in its Miami, Florida office and Arti Sangar, a Senior Associate located in the firm’s Dubai office, UAE, appeared recently in Middle East Banker Magazine. Hiring an attorney is an important decision. Often, that decision is based on a combination of […]

Arab Spring Could Slow Chinese Investment

Political and economic disruptions across the Middle East and North Africa will have an impact on China’s investment in the region, according to Arti Sangar, the head of DiazReus’ Dubai office. “There has been significant disruption across North Africa, and this inevitably has an adverse impact on China’s interests in the continent,“ said Sangar in […]

Latin and UAE Telecoms Launch Strategic Initiative

Telecom giants Etisalat and Telefonica announced that they have initiated a strategic partnership agreement through which they will collaborate on new global projects, emerging products and services relating to finance products and cloud-based services.  The agreement will enable both companies to strengthen their respective positions internationally, especially since they do not compete for the same […]