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TheMiddleEast

CONTENTS 4 The View 6 Comment 8 Compass CURRENT AFFAIRS 14 Yemen’s southern discomfort 20 Peace talks frozen as Middle

Eastern crisis looms 22 Israeli gas finds could prove a game changer BUSINESS & FINANCE 27 Strong signs of growth for

Islamic banking 32 GCC aviation investment to top $200 billion 37 Saudi Arabia plans ‘socially acceptable’ TV 40 Gulf diversifies into aluminium 42 The Middle East exclusive interview: Mohammed Alshaya, Executive Chairman of M. H. Alshaya Company, Kuwait DETAILS 47 The digital dilemma TRAVELOG 51 Luxury business travel 52 Business reportage: Morocco plans $700-million resort 54 Destination: Cairo 55 Concierge – the real experience MOSAIC 57 The writing on the Wall 60 The Olive Route 64 Books 66 The Last Word

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ISSUE 416 November 2010

November 2010 The Middle East  3