Is the MENA the EU 'turned upside down'?
MENA is losing momentum despite the strong growth in oil-producing countries. MENA is now divided into two halves: the north versus the south. This is not unlike in Europe, just with a bit of role reversal. In Europe, the north looks healthy and must figure out how to dig the south out of its economic woes. In MENA, it’s the south trying to keep the north out of political trouble as they fear the risk of a spillover from the rising tide of popular demand for democracy and more political accountability for the predicaments of their economy and society. That's probably not the diplomatic version, but it is the reality of the situation.
- From escaping to winning: the story of the Lebanese who are 'making it big' in Brazil
- A will with no way: Egypt's charitable spirit dampened with economic hardship
- OPEC exports largest share of petroleum to Asian and Pacific countries in 2013
- High demand for gold spurs trade across GCC
- Is trust the only missing ingredient from Egypt's economic reform recipe?