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Economy News & Analysis

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Yemen bomb blast

US tells Americans in Yemen to leave country Subscription Required

22 July 2014 | By Wil Crisp

State Department warns of possible attacks on businesses and perceived Western interests

Yas Mall

Aldar signs deal with Chalhoub for Yas Mall Subscription Required

22 July 2014 | By Colin Foreman

Dubai-based retailer Chalhoub will open a 18,600 department store at new shopping centre

Tunisia soldiers

Tunisia launches anti-terror operations Subscription Required

20 July 2014 | By Wil Crisp

Government cracks down on mosques linked to hardline Islamists in the run-up to crucial elections

Four-month extension on Iran nuclear deal deadline agreed Subscription Required

20 July 2014 | By Mark Watts

Tehran to receive $2.8bn in assets frozen abroad in exchange for continuing to converting uranium stocks to fuel

UN Security Council to debate Libya clashes Subscription Required

17 July 2014 | By Wil Crisp

All international flights to and from the country cancelled amid fierce fighting

Comment

Learning: Qatar has been watching Brazil 2014 closely

Doubts remain over Qatar 2022

10 July 2014 | By Mark Watts

After Brazil 2014 has ended, the focus will return with greater intensity to Qatar and whether it can host the 2022 football tournament

The Mall of the World site as seen from Sheikh Zayed Road

Dubai must grow for world’s biggest malls

6 July 2014 | By Colin Foreman

Almost every major shopping centre in the emirate is being expanded

Blockade

Libyan rebels end oil port blockade

3 July 2014 | By Wil Crisp

Oil crisis seems to be at an end, but further disruption is likely and could see blockades return

Egypt

Journalists’ jailing fuel for instability

26 June 2014

The imprisonment of three Al-Jazeera journalists could turn support for Al-Sisi against him

Education

Region must put in the extra effort

19 June 2014 | By Austyn Allison

The GCC has world-class schools in place, but needs to learn how to use them to its advantage

Nouri al-Maliki

Iraq's ill-equipped prime minister

19 June 2014 | By Mark Watts

Nouri al-Maliki’s declining popularity and loss of control over vast areas of Iraq has weakened his mandate to lead the country

Iraq conflict

Iraq on the brink of destruction

12 June 2014 | By Richard Thompson

Conflict threatens Sunni-Shia tensions across the region. To prevent civil war in Iraq, a decisive response by Washington is required

Egypt Al-Sisi supporters

Al-Sisi will be under pressure

12 June 2014

Egypt’s newly elected president faces a tough year ahead as he juggles the needs of the people along with those of foreign investors

Syria votes

Syria’s political divide set to deepen

5 June 2014

The opposition’s views have been trampled by the recent elections that reinstated Al-Assad as president, and tensions are set to increase

Real estate

Rental rates key to market stability Subscription Required

29 May 2014

If landlords continue to push up rents in Sharjah, they risk hurting the current growth in the market

Change: Many Libyans hope Haftar will bring stability

Libya: Lurching back into civil war

29 May 2014

Both sides in the conflict for power in Libya are ready to take each other on and there are signs the clashes will further destabilise the country

Analysis

A house damaged during recent fighting between Houthi rebels and army forces in the Yemeni city of Amran on 14 July

Unrest in Yemen to weigh on oil production Subscription Required

21 July 2014 | By Wil Crisp

Increasing violence and shifting territories may force oil companies to cut investment

Stalemate: Iran and the P5+1 countries seem unlikely to reach a quick resolution

Outlook for doing business with Iran improves Subscription Required

17 July 2014 | By Mark Watts

While a quick resolution on Iran’s nuclear programme remains elusive, many countries in the region are strengthening ties with the Islamic Republic

Rescue: Aramco took over the development of Jizan Economic City to prevent its failure

Saudi Aramco’s mission creep Subscription Required

17 July 2014 | By Kevin Baxter

The oil major’s influence is spreading as it proves itself to be a reliable client for Riyadh

Iran nuclear talks 14 July 2014

Business world eyeing Iran opportunities as nuclear talks come to a head Subscription Required

14 July 2014 | By Mark Watts

GCC stands to gain by boosting ties with a more open Iran after years of strained relations

President Abdul Fattah al-Sisi

Al-Sisi kicks off austerity drive Subscription Required

10 July 2014 | By Wil Crisp

Protests over fuel subsidy cuts mean the new president faces a difficult balancing act in shrinking Egypt’s fiscal deficit and maintaining his popularity

Observers: Qatar sent a 140-strong delegation to Brazil to learn from its World Cup successes and mistakes

What Qatar can learn from Brazil World Cup Subscription Required

10 July 2014 | By Mark Watts

Brazil’s World Cup experiences can teach Qatar valuable lessons on how to host its event in 2022

Getting ready: Qatar is preparing to host the 2022 World Cup by airing this year's games in specially built fan zones

Qatar experiments ahead of hosting World Cup Subscription Required

9 July 2014 | By Mark Watts

The biggest challenge in hosting the 2022 Fifa World Cup in Qatar could be catering to thousands of football fans used to a less restrictive environment

Dubai Multi-Commodities Centre

DMCC fuels commodity flows through Dubai Subscription Required

8 July 2014 | By Rebecca Spong

Dubai’s diamond and gold trade soars

Al-Mahmoudi: Relationship with Dubai very important

Regional market key to Sharjah's economic growth Subscription Required

3 July 2014 | By Colin Foreman

Hussain Mohamed al-Mahmoudi, the director-general of Sharjah Chamber of Commerce, highlights the role trade plays in Sharjah’s economic growth

Power

GCC power contract awards up in 2014 Subscription Required

2 July 2014 | By Andrew Roscoe

Project contract awards in power sector up 21 per cent year-on-year for first six months of 2014

Nuclear power

Egypt makes another tilt at nuclear power Subscription Required

30 June 2014 | By David Butter

President Abdul-Fattah al-Sisi named the El-Dabaa nuclear power among his priority national projects in his first speech following his inauguration. The challenge is making it a reality

Mending relations: US Secretary of State John Kerry (left) visited Egypt in late June

Al-Sisi’s foreign policy challenge Subscription Required

26 June 2014 | By Rebecca Spong

The new president’s strong-arm moves could both attract investment into Egypt and turn international opinion against him

Iraq

Iraq violence is about money not religion

25 June 2014 | By Edmund O'Sullivan

The struggle for mastery of Iraq’s $20tn oil and gas reserves

Rouhani: Tehran willing to work with Washington on Iraq

Sectarian shadow falls across region Subscription Required

19 June 2014 | By James Gavin

Tehran’s emergence as a key player in the Iraq conflict is causing considerable anxiety in Gulf states, especially Saudi Arabia, which fear this could undermine their influence in the region

Resort: Baghdad has employed the help of Shia civilians, unable to stop the advance of militants by itself

Iraq's fundamental flaws Subscription Required

19 June 2014 | By James Gavin

The growing sectarian division in Iraq has meant the partition of the country could become a reality

Power: Kurdish forces have taken control of Kirkuk

Erbil’s opportunity arrives Subscription Required

19 June 2014 | By Mark Watts

With the central government in Baghdad losing control of large swathes of the north and west of Iraq, the Kurdistan Regional Government will be key in shaping the future of the country

Abdul Fattah al-Sisi

Unlocking Egypt's investment capital Subscription Required

12 June 2014 | By Rebecca Spong

Al-Sisi’s election is seen by many as an investor-friendly move

Oil offshore

Oil exporters put the brakes on spending Subscription Required

12 June 2014 | By Dominc Dudley

Oil exporters are starting to trim spending to keep budgets more in line with oil prices

Investment: Al-Sisi's spending plans could generate much-needed employment

The social challenge facing Al-Sisi Subscription Required

5 June 2014 | By Rebecca Spong

New president Abdul Fattah al-Sisi needs to maintain popular support by tackling Egypt’s ingrained social problems

Government stronghold: In Damascus, Al-Assad supporters took to the streets to celebrate the win

Al-Assad regime digs in Subscription Required

5 June 2014 | By Richard Nield

The Syrian president has won another seven-year term following the controversial election

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