By continuing to use the site you agree to our Privacy & Cookies policy

Economy

Trends

Risk ratings in the Middle East and North Africa

Navigating regional political and security risk Subscription

17 August 2014 | By

Investors face a widening and complex web of risks in the Middle East and North Africa region

Oil production

Saudi oil revenues expected to top $300bn Subscription

11 August 2014 | By

Strong oil prices coupled with sustained high production leads to upwards revision in forecast

The Louvre Abu Dhabi

The GCC’s growing art spend Subscription

24 July 2014 | By

Qatar and Abu Dhabi are among the states muscling in on the international art market

Yemen crude production

Unrest in Yemen to weigh on oil production Subscription

21 July 2014 | By

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

17 July 2014 | By

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

17 July 2014 | By

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

14 July 2014 | By

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

Egypt fiscal balance and government debt

Al-Sisi kicks off austerity drive Subscription

10 July 2014 | By

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

10 July 2014 | By

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

9 July 2014 | By

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

8 July 2014 | By

Dubai’s diamond and gold trade soars

Al-Mahmoudi: Relationship with Dubai very important

Regional market key to Sharjah's economic growth Subscription

3 July 2014 | By

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

2 July 2014 | By

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

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

26 June 2014 | By

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

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

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

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

19 June 2014 | By

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

12 June 2014 | By

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

Filter all economy analysis by country

MEED comment

The Pentagon in the US

UAE cuts out the middle man in Libya

28 August 2014 | By

By bombing Libya, the UAE and Egypt open the door to backlash from both allies and enemies

Burj al-Arab, Dubai

Dubai opens door for more African business

28 August 2014 | By

International governments see Dubai as ideal springboard for Sub-Saharan Africa

Libya

Recovery in Libyan oil exports

21 August 2014 | By

The country is further than ever from being able to form a unified military force to resist the militias

Kurdistan

Isis threatens Kurdish hopes

21 August 2014 | By

Erbil faces difficult questions about its quest for independence

Iraq: Fighting has displaced 170,000 people in Sinjar

Erbil could face unilateral battle

7 August 2014

The Kurds’ dispute with Baghdad could affect their chances of getting international help against Isis

Regional: Interest in contemporary art is growing

Art investors grow cautious

24 July 2014 | By

The global economic recession affected art sales as well. Its fallout has ensured the region’s art market is growing at a steady yet cautious pace

Learning: Qatar has been watching Brazil 2014 closely

Doubts remain over Qatar 2022

10 July 2014 | By

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

Almost every major shopping centre in the emirate is being expanded

Blockade

Libyan rebels end oil port blockade

3 July 2014 | By

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

Egypt

Journalists’ jailing fuel for instability Subscription

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 Subscription

19 June 2014 | By

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 Subscription

19 June 2014 | By

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 Subscription

12 June 2014 | By

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 Subscription

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 Subscription

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

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 Subscription

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

Saudi Arabia

High government spending justified Subscription

22 May 2014

Riyadh’s budgeted spending in 2014 reaches new highs and will address the need for social infrastructure

Dubai

High growth vital for Dubai vision Subscription

8 May 2014 | By

The UAE emirate will require strong growth to fuel its ambitious plans to attract more than 20 million tourists

Libya

Confusion reigns in Libya's government Subscription

8 May 2014 | By

The almost farcical voting session to name the new prime minister highlights the country’s many issues

See all MEED commentary

Special reports

The Pentagon in the US

UAE cuts out the middle man in Libya

28 August 2014 | By

By bombing Libya, the UAE and Egypt open the door to backlash from both allies and enemies

Burj al-Arab, Dubai

Dubai opens door for more African business

28 August 2014 | By

International governments see Dubai as ideal springboard for Sub-Saharan Africa

Britain's ambassador to Libya, Michael Aron

UN cracks down on Libya fighting Subscription

28 August 2014 | By

Security Council unanimously approves sanctions for entities and individuals involved in violence

Tripoli International airport following air strikes

US claims UAE and Egypt responsible for airstrikes on Libya Subscription

26 August 2014 | By

Anonymous US officials tell news agencies that the UAE and Egypt secretly bombed Libyan militias

Tripoli International airport taken over

Tripoli international airport seized by Misrata-led militias Subscription

25 August 2014 | By , Hassan Morajea

Airport changes hands in move that is likely to escalate conflict

Stadium

Libya stripped of 2017 Africa Cup of Nations Subscription

25 August 2014 | By

Continuing violence means tournament is now looking for new host

Libya

Recovery in Libyan oil exports

21 August 2014 | By

The country is further than ever from being able to form a unified military force to resist the militias

Kurdistan

Isis threatens Kurdish hopes

21 August 2014 | By

Erbil faces difficult questions about its quest for independence

Russia

Sanctions to dent Russia's economy

21 August 2014 | By

The Middle East could prove a useful ally for Russia as the country’s relations with the US and Europe deteriorate

Ruler of Oman, Sultan Qaboos

Sultan Qaboos remains in Germany after medical tests Subscription

21 August 2014 | By

Oman’s ruler has been in Germany since 10 July

Omar Shakmak

Libya’s acting oil minister stands down Subscription

21 August 2014 | By

Omar Shakmak says acting Prime Minister Abdullah al-Thinni asked him to stand down

Seoul, South Korea

Dubai’s sovereign wealth fund signs deal with South Korea Subscription

21 August 2014 | By

Investment Corporation of Dubai to work with the Export-Import Bank of Korea

Gerd Mueller, German development aid minister

German minister accuses Qatar of financing Isis Subscription

20 August 2014 | By

Gerd Mueller says Qatar is assisting the extremist group that has seized large swathes of territory in Syria and Iraq

Suez Canal

Ascom wins excavation work on the Suez Canal project Subscription

20 August 2014 | By

Qalaa Holdings’ company is one of several selected firms

Morocco

Rabat digs deep to tackle domestic terrorism Subscription

20 August 2014 | By Paul Melly

With substantial numbers of Moroccans joining jihadist groups abroad, the government is wary of a blowback from these fighters returning home

Renault factory in Melloussa, 30 kilometres from Tangiers, in Morocco

Morocco sets benchmark for subsidy reform Subscription

20 August 2014 | By

Morocco has set the standard for subsidy reform in North Africa while its plans to increase investment in industry will build a foundation for economic growth and employment

Islamic State in Iraq and Syria supporter in Syria

Kuwait complies with UN crackdown on terror funding Subscription

18 August 2014 | By

Two Kuwaitis to see travel ban and asset freeze after allegations of financing jihadists in Syria

Libya

Airstrikes in Libya as militia war escalates Subscription

18 August 2014 | By

Aircraft bomb Tripoli as armed groups ignore UN appeal for ceasefire

Risk ratings in the Middle East and North Africa

Navigating regional political and security risk Subscription

17 August 2014 | By

Investors face a widening and complex web of risks in the Middle East and North Africa region

Abu Dhabi

Fitch maintains high rating for Abu Dhabi Subscription

17 August 2014 | By

Banking sector’s performance improving in line with economy

Nouri al-Maliki

Nouri al-Maliki resigns as Iraq prime minister Subscription

15 August 2014 | By

The former Iraq leader announced his decision to resign in a television broadcast

Whatever Al-Maliki’s role in the spread of Isis, it soon became clear that he was unable to counter the military threat

Uniting against a common enemy

14 August 2014 | By

Nouri al-Maliki’s position became untenable as allies lost patience with reaction to Islamist advance

Libya conflict

Libya calls for foreign intervention Subscription

14 August 2014 | By

Libya’s parliament says UN should take measures to protect civilians

Al-Abadi was appointed prime minister by Iraq’s President Fouad Masoum on 11 August, after a swing of support within the Shia-backed State of Law coalition, which had previously supported Al-Maliki’s bid for prime minister

Iraq places its hopes on Al-Abadi Subscription

14 August 2014 | By

With formal backing from the US, Iran and Saudi Arabia, the prime minister-designate has 30 days to form a government and combat the growing threat from Isis

Iraq's Prime Minister-designate Haidar al-Abadi

Haidar al-Abadi faces tough challenge to form unity government Subscription

14 August 2014 | By

Former adviser to Nouri al-Maliki must break from previous policies to curb sectarian divides

Regional backing: King Abdullah’s GCC support means he can resist calls for reform from the West

Jordan's king plays a clever hand Subscription

14 August 2014 | By James Gavin

King Abdullah’s small political concessions have calmed domestic social unrest and have prevented Jordan from plunging into crisis

See all economy special reports

Presentations

Dubai creek

Managing the Boom: The Outlook for the Middle East Subscription

23 July 2014

Opportunities and challenges for businesses in the region created by the new projects boom

See all presentations

Latest news

Britain's ambassador to Libya, Michael Aron

UN cracks down on Libya fighting Subscription

28 August 2014 | By

Security Council unanimously approves sanctions for entities and individuals involved in violence

Tripoli International airport following air strikes

US claims UAE and Egypt responsible for airstrikes on Libya Subscription

26 August 2014 | By

Anonymous US officials tell news agencies that the UAE and Egypt secretly bombed Libyan militias

Tripoli International airport taken over

Tripoli international airport seized by Misrata-led militias Subscription

25 August 2014 | By , Hassan Morajea

Airport changes hands in move that is likely to escalate conflict

Stadium

Libya stripped of 2017 Africa Cup of Nations Subscription

25 August 2014 | By

Continuing violence means tournament is now looking for new host

Ruler of Oman, Sultan Qaboos

Sultan Qaboos remains in Germany after medical tests Subscription

21 August 2014 | By

Oman’s ruler has been in Germany since 10 July

Omar Shakmak

Libya’s acting oil minister stands down Subscription

21 August 2014 | By

Omar Shakmak says acting Prime Minister Abdullah al-Thinni asked him to stand down

Seoul, South Korea

Dubai’s sovereign wealth fund signs deal with South Korea Subscription

21 August 2014 | By

Investment Corporation of Dubai to work with the Export-Import Bank of Korea

Gerd Mueller, German development aid minister

German minister accuses Qatar of financing Isis Subscription

20 August 2014 | By

Gerd Mueller says Qatar is assisting the extremist group that has seized large swathes of territory in Syria and Iraq

Suez Canal

Ascom wins excavation work on the Suez Canal project Subscription

20 August 2014 | By

Qalaa Holdings’ company is one of several selected firms

Islamic State in Iraq and Syria supporter in Syria

Kuwait complies with UN crackdown on terror funding Subscription

18 August 2014 | By

Two Kuwaitis to see travel ban and asset freeze after allegations of financing jihadists in Syria

Filter all economy news by country

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more
-->