April 29, 2014
“Data shows that USAID allocated $557 million in 2003 for Egypt alone, including $200 million in cash transfers to provide hard currency for new projects. But 70 percent of this conditional aid is routed back to the U.S., to Egypt’s detriment.”
“We see a similar trend also in the Middle East with an increasing amount of women as CEOs or in other senior leadership positions, not least in family-owned businesses that constitute an important part of these economies.”
It is no exaggeration to state that the world is on the eve of an entirely new world energy order, whose first drafts will be written by energy journalists in 2014.
Saudi Arabia may have a growing market, but it is not the only game in town. GCC states Oman, Kuwait and Bahrain could also be rising investments in the area, according to a senior analyst.
It's complicated: How China is about to win big from European-Russian tensions... at the expense of the GCC
The GCC, as the key global provider, will lose from any agreement between China and any other energy provider.
With $46 billion worth of projects up its sleeve, is it time to say goodbye to Kurdistan as we know it?
Kurdistan is "one of the most dynamic project markets in the world".
April 28, 2014
Saudi Arabia ranks as one of the best-performing G20 economies, but if it fails to diversify its economy, it may fail to maintain such rankings in the future.
Are Jordan's privatization policies helping or hurting the country's economic recovery?
Entrepreneurship may be the ticket to solving MENA's youth unemployment and economic woes, but a recent report shows that other structural changes need to be implemented first before regional actors can address these core economic concerns.
“Life is no better.”
“The findings are a clear wake-up call for employers of Saudi men and women,” said the head of Mercer’s business in Saudi Arabia, Tom O’Byrne.
April 27, 2014
The GCC healthcare market is expected to grow approximately 12 percent annually over the next four years, making the industry worth $69.4 billion by 2018.
Jordan has continued to implement IMF and World Bank-led reforms over the past few decades and is about to embark on a new economic program that is designed to solve the country's continuing economic and social challenges. However, the question remains as to whether the program is actually comprehensive enough to fully address the country's economic woes.
High youth unemployment in the Middle East is leading to investment and development in all-things freelance throughout the region.
Driven by an energy-hungry population and unstable oil prices, countries in the Gulf and the wider MENA region are investing in various green energy options, with a focus on in solar energy.