The Middle East

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Local bankers have had a lot to smile about as the results season has brought a string of announcements regarding record profits.
One of the key conundrums in Turkey's economic development has long been how to tackle the uneven spread of financial and industrial might across its many and diverse provinces.
There was a cast of big hitters present at the signing earlier this week of Shell's 10-year lease on a facility at the Qatar Science and Technology Park (QSTP).
The news that non-Qataris will soon be able to invest in the Doha Securities Market (DSM) has stirred excitement among the country's expatriate population, who will now be able to invest in the state's economic growth.
When it comes to flashy property developments, Dubai left the competition trailing long ago - but the multi-billion dollar Dubai Waterfront project promises to ensure the Gulf state's position as a world leader in audacious construction for decades to come.
The fortunes of Turkey's troubled Cukurova Group were once more in the headlines this week, as a deal was announced that leaves their major bank in another's hands.

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