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Economy

Middle East economy news and analysis, tenders, contracts awarded, commentary and economic data.

News

Abu Dhabi plans new sustainable cities Subscription Required

21 May 2013, 6:27 GMT | By Austyn Allison

Top Abu Dhabi official “100 per cent certain” of seeing Masdar 2 and 3 cities developed

Abu Dhabi outlines $90bn investment for Western Region Subscription Required

20 May 2013, 13:51 GMT | By Austyn Allison

MEED’s Al-Gharbia Investment Conference to discuss priority sectors primed for investment

Saudi banks told to replace expatriates Subscription Required

13 May 2013, 11:48 GMT | By Matthew Martin

Local banks must draw up plan to be staffed entirely by Saudi nationals

Subsidies distort Saudi economy, admits economy minister Subscription Required

8 May 2013, 8:52 GMT | By Matthew Martin

Riyadh needs to focus on boosting productivity and counter-cyclical policies

Saudi Arabia creating framework for private project housing Subscription Required

7 May 2013, 12:52 GMT | By Matthew Martin

Housing Ministry working on incentives to encourage private sector to build more houses

Dubai visa access makes Africa trade easy

5 May 2013, 6:48 GMT | By Mark Watts

Former Mali prime minister says Dubai visa laws open emirate as trade gateway to Africa

Africa can learn from Dubai growth model

2 May 2013, 11:43 GMT | By Mark Watts

African governments can take lessons for emirate’s rapid economic expansion

Mo Ibrahim calls for African free trade at Africa Global Business Forum

2 May 2013, 10:30 GMT | By Edmund O'Sullivan

Governments and regional trade blocs have failed to address the issue

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Analysis

Power

Saudi Arabia's diesel dilemma Subscription Required

21 May 2013, 10:38 GMT | By Kevin Baxter

As the kingdom stockpiles for the summer it has to ask itself if continued massive subsidies is the right way forward

Siege: Libyan militia men demanding the passage of a law banning Gaddafi-era officials from holding government posts

Libya's steps toward democracy Subscription Required

15 May 2013, 12:01 GMT | By Adal Mirza

Libya’s transitional government is struggling to write a constitutional deal with militias and to meet the expectations of its citizens

Flare-up: Gunmen from Sunni tribes in the western Anbar province march during a protest in Ramadi

Syria war stokes Iraq sectarianism Subscription Required

9 May 2013, 14:14 GMT | By Adal Mirza

Rising violence in Iraq leads to fears of new sectarian conflict between Shias and Sunnis

Beirut: Luxury sector affected by Syria conflict

Visitor slump hits high-end hotels in Lebanon Subscription Required

8 May 2013, 13:55 GMT | By James Gavin

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

Bouteflika: Algerians have long speculated about the health of their president

Algeria looks beyond Bouteflika Subscription Required

7 May 2013, 13:10 GMT | By Paul Melly

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

2 May 2013, 9:15 GMT

H.E. Sindiso Ngwenya, secretary-general of the Common Market for Eastern and Southern Africa (Comesa) discusses the organisation’s economic strategy

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Special Report

Saudi Arabia

Tourism: Saudi Arabia leads hotel pipeline Subscription Required

31 March 2013, 11:40 GMT

Saudi Arabia has the largest hotel development pipeline in the Middle East and North Africa region

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    Comment

    Petrochemicals

    Sabic continues to grow at home

    16 May 2013, 14:00 GMT | By Kevin Baxter

    If there was ample feedstock demand in the kingdom, Sabic would be less inclined to look overseas

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    Economic Review

    Egypt

    Middle East Economic Review: Optimism despite storm clouds gathering

    27 June 2012, 8:36 GMT | By Richard Thompson

    The outlook for the regional economy has become more complex

    Economic Review microsite

    MEED Events

    Oman Projects Forum 2013 Subscription Required

    15 May 2013, 12:13 GMT

    Reviewing Oman’s Project Market and upcoming Opportunities

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