2020

Historic Israel-UAE Deal Promises To Boost Commerce

Historic Israel-UAE Deal Promises To Boost Commerce

Israel’s Economy Ministry calculates that the normalization of ties could increase exports to the UAE to US$300 million to $500 million annually while according to Moody’s Investors Services, UAE investments in Israel could reach US$350 million a year.

Uncertain Future For GCC SMEs

Uncertain Future For GCC SMEs

Outdated lending practices and a structural focus on government-related enterprises are keeping banks from backing the region’s beleaguered smaller companies.

Saudi Arabia: Austerity Drive Kicks In

Saudi Arabia: Austerity Drive Kicks In

Economic reforms are hampered by worries they might undo the tacit cradle-to-grave social compact between the monarchy and Saudi citizens that provides a safety net in return for political stability. 

2019

Rebuilding Syria

Rebuilding Syria

Putting the war-ravaged country back together will cost $400 billion. With Assad still in power and US sanctions still in place, who will foot the bill—and reap the benefit? 

Iraq: From Guns to Budgets

Iraq: From Guns to Budgets

Iraq’s new government must push reconstruction forward, pull in new foreign investment and produce results for a battered population. Its time is limited.

Gulf States At A Crossroads

Gulf States At A Crossroads

As the region’s oil-and-gas dominance faces new challenges, the monarchies are betting that foreign capital will help carry their economies into a more stable, diversified future.  

2018

Eyes Too Big

China may soon have to tap foreign investors to help fund its ambitious Belt and Road Initiative. Can it ease their skepticism about the project?  

2017

Saudi Arabia Eyes 35,000 Jobs In Red Sea Tourism Push

The newly anointed heir to the Saudi throne, Crown Prince Mohammed bin Salman is planning a mega tourism project that could possibly contribute 15 billion riyal ($4 billion) to the kingdom’s GDP and create up to 35,000 jobs. 

GCC People Power

New approaches to labor management can help GCC economies wean themselves away from their energy dependence.

Philippines' Central Bank Chief Faces Early Test

The appointment of Nestor Espenilla Jr. as governor of Bangko Sentral ng Pilipinas (BSP) is one of President Rodrigo Duterte’s less controversial decisions and may ease investor concerns over the stability of one of Southeast Asia’s fastest growing economies.

Fear And Loathing On The Road To PPP

The Middle East is fertile ground for public-private partnerships, especially for infrastructure investment, but legal and economic conditions remain an obstacle, and governments are skeptical about PPP benefits for long-term projects.