Economy News & Analysis
News
Saudi banks told to replace expatriates
Local banks must draw up plan to be staffed entirely by Saudi nationals
Subsidies distort Saudi economy, admits economy minister
Riyadh needs to focus on boosting productivity and counter-cyclical policies
Saudi Arabia creating framework for private project housing
Housing Ministry working on incentives to encourage private sector to build more houses
Dubai visa access makes Africa trade easy
Former Mali prime minister says Dubai visa laws open emirate as trade gateway to Africa
Africa can learn from Dubai growth model
African governments can take lessons for emirate’s rapid economic expansion
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Mo Ibrahim calls for African free trade at Africa Global Business Forum
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Pre-clearance services could aid UAE-Africa trade
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Calls for Iraqi government to quit amid rising violence
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Libya’s justice ministry under siege by armed groups
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DP World says Africa should focus on improving logistics
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Ugandan PM says Dubai is “worth emulating”
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Shift needed in business links between Dubai and Africa
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Dubai and UAE are forming a strategic partnership with Africa
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Kuwait maintains its credit rating despite volatile political backdrop
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Egypt’s justice minister resigns
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Saudi Arabian growth to moderate in 2013
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Iran’s economy shrank by 1.9 per cent in 2012
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Bomb blasts in Iraq ahead of elections
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Al-Assad tells West they will pay ‘high price’
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EU foreign policy chief warns Egypt's Mursi over renewed violence
Comment
Saudi housing crisis deepens
The decision to hand over land to the private sector is likely to further delay Riyadh’s ambitious $70bn housing programme
Localisation raises concerns
Pressure increases for contractors to employ more locals than in the past
Dubai tries luck again with parks
As confidence returns to Dubai, it is planning theme parks for Jebel Ali and Mohammed bin Rashid City
Bonds lead over foreign funding
Riyadh split on opening up share ownership to foreigners, so will focus on building debt market instead
Proud heritage of petrochemicals
Ras Laffan tie-up highlights the huge achievements made in the Qatar petrochemicals industry
Iraq’s rising sectarianism
Civil war in Syria likely to affect the delicate Shia-Sunni balance in Iraq
Focus must be on core sectors
Trade, transport, tourism, logistics and finance sectors crucial for Dubai to return to growth of pre-crash years
Region behind on renminbi usage
The Middle East could lose out in building relations if it does not adopt trading with Chinese currency
Manama’s best hope is dialogue
Renewed pressure on Bahrain’s government to solve a political crisis is starting to take effect
Syria opposition losing its way
The rebels’ credibility as a political force ready to run Syria after Bashar al-Assad is being eroded due to internal squabbles
Stability needed over stimulation
A crisis at home and on its borders may nullify Lebanon central bank’s laudable economic stimulus plan
Key destination for investment
International hotel brands are targeting the region as the tourism sector picks up
Reform pressure builds in Riyadh
Relations with the Shia-dominated Eastern Province have become increasingly strained in recent years
Libya transition moves forwards
The country has managed to elect an interim government, which hopes to draw up a new constitution
Aramco moves on localisation
The oil firm’s plan to construct a shipyard will not only broaden its capabilities, but will also create jobs for local workers
Dialogue key to avoiding unrest in Yemen
Yemen’s government needs to plan contingency measures to prevent another outbreak of civil unrest
Analysis
Libya's steps toward democracy
Libya’s transitional government is struggling to write a constitutional deal with militias and to meet the expectations of its citizens
Syria war stokes Iraq sectarianism
Rising violence in Iraq leads to fears of new sectarian conflict between Shias and Sunnis
Visitor slump hits high-end hotels in Lebanon
Political uncertainty is deterring Gulf Arabs from visiting Lebanon, hurting high-end hoteliers and retailers, but refugees from Syria are mitigating the impact on the economy
Algeria looks beyond Bouteflika
Poor health may hasten the long-time Algerian president’s departure from power, fuelling speculation about a successor
Interview: H.E. Sindiso Ngwenya, secretary-general, Comesa
H.E. Sindiso Ngwenya, secretary-general of the Common Market for Eastern and Southern Africa (Comesa) discusses the organisation’s economic strategy
Interview: H.E. Hamad Buamin, director-general, Dubai Chamber of Commerce and Industry
Dubai Chamber director-general H.E. Hamad Buamin discusses the highlights of the Africa Global Business Forum
Baghdad's first integrated refining project
Iraq hopes to make its first integrated refining project a model for further investment
Syrian opposition struggles with factionalism
Syrians who rose up against the Al-Assad regime have been let down by a fragmented opposition
Q&A Hamad Buamim, director general, Dubai Chamber
We work very closely with the country’s lawmakers to ensure the private sector is well supported
Dubai Chamber of Commerce & Industry
The chamber is opening offices in emerging markets to help promote Dubai as a business hub
