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April 29, 2014

The U.S. president had suspended military aid to Egypt following the ouster of the Muslim Brotherhood-affiliated President Mohammed Mursi. A
21:40 GMT
“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.”
The numbers are moving in the right direction: In eight out of the last 10 years, the share of women becoming CEOs of the world’s biggest public companies has been higher than the share of women leaving that office
21:31 GMT
“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.”
The US shale oil revolution (driven by technology and the private sector, not White House dictate) is a game-changer in global energy markets
21:05 GMT
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.
The Kingdom's consulting market grew by 25 percent, outdoing growth across the GCC in 2013 (File/AFP)
11:59 GMT
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.
The impact in future exports by countries of the GCC is straightforward: GCC countries will enjoy a smaller share in the Chinese future energy mix.
03:55 GMT
The GCC, as the key global provider, will lose from any agreement between China and any other energy provider.
The cornerstone of the region’s economy is the untapped natural resources proving highly attractive for oil companies.
03:55 GMT
Kurdistan is "one of the most dynamic project markets in the world".

April 28, 2014

Saudis need to work on diversifying their economy into non-oil sectors in order to continue competing in the global economy in the future (File Archive/Shutterstock)
14:00 GMT
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.
Jordan's public debt is now 80 percent of the country's GDP (File Archive/Shutterstock)
12:00 GMT
Are Jordan's privatization policies helping or hurting the country's economic recovery?
Tunisia recently held an entrepreneurship fair to provide a space for future business leaders to exchange ideas and learn best practices on developing their business models (File Archive)
10:00 GMT
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.
Despite the immediate impact of subsidy cuts, analysts say austerity measures are necessary after the previous economic mismanagement.
03:55 GMT
“Life is no better.”
The study of employers and employees across the Kingdom has also surfaced some key disparities between what both rate as important when it comes to attracting and retaining employees.
03:55 GMT
“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 will be worth $69.4 billion by 2018 (Shutterstock)
12:00 GMT
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's public debt now exceeds 80 percent of the country's GDP (File Archive)
10:13 GMT
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 unemployment among youth in the Middle East has encouraged more people to engage in freelance work as their main source of income when jobs are not available (File Archive)
09:58 GMT
High youth unemployment in the Middle East is leading to investment and development in all-things freelance throughout the region.
“In the long term though, the region needs to focus on developing local skills, to ensure that their economies can extract maximum gains from these proposed investments.”
03:55 GMT
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.