The Arab World is getting hotter and drier, and there is a danger that the snow-peaked caps of Lebanon, Arabian Gulf coastal areas and coral reefs threaten the tourism industry, a new report warns. CONTNUE READING
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The Middle East tourism industry’s progress was cut short by the Arab Spring crisis and it’s still reeling from the after shocks that reverberate in countries across the region
Countries hit by the promising but disruptive Arab Spring will need financing to the tune of USD43-billion next year, according to the International Monetary Fund (IMF).
Middle East states fared poorly in a new edition of a survey that measures their business friendliness. The
BP’s decision to reportedly spend USD11-billion in Egypt’s deep-water gas deposits is a significant move by the oil major which could be a game-changer for the country’s economy.
Investors are circling around Egypt’s key sectors, looking for opportunities and bargains on undervalued prices of key assets.
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AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues.
It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.