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Iraq: world’s fastest growing economy Iraq: world’s fastest growing economy(0)

 

Elias Pirasteh / Foter.com / CC BY-NC-ND

Iraq will emerge as the world’s fastest growing economy in 2012 and 2013, according to Bank of America Merrill Lynch (BAML).

The Wall Street bank’s data shows that among all the major economies it tracks, Iraq will be the only country that will post double-digit-growth in 2012 – clocking a 10.5% improvement in GDP this year. CONTINUE READING

Arab Countries In Transition Arab Countries In Transition(0)
freestylee / Foter / CC BY

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). CONTINUE READING

Iraq: Making up for lost decade? Iraq: Making up for lost decade?(0)

Although many new pockets of oil and gas reserves are bubbling all over the world, international oil companies consider Iraqi natural resources as one of the most prized assets. CONTINUE READING

Kurdistan Photo كوردستان / Foter / CC BY-SA
4.5m MENA infrastructure jobs 4.5m MENA infrastructure jobs(0)
CharlesFred / Foter / CC BY-NC-SA

One of the core reasons why Arab youth spilled on to the streets during the Arab Spring was their inability to get decent employment. Joblessness – which is attached to human dignity and viewed as a platform for many to further and better themselves in their country – drove many to orchestrate sweeping political changes in their own countries. CONTINUE READING

Big Oil’s Kurdish Ambush Big Oil’s Kurdish Ambush(0)

Total , Gazprom, Chevron and Exxon Mobil have all ignored Baghdad’s directive and signed deals with the Kurdistan Regional Government. What does it mean for Iraq’s energy sector? CONTINUE READING

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Kurdistan Photo كوردستان / Foter
Why Iraq’s oil auction failed Why Iraq’s oil auction failed(0)

Did Iraq overplay its hand in the failed fourth bid for oil and gas exploration with energy companies?  CONTINUE READING

Iraq to surpass Iran oil output, but faces Kurd problem Iraq to surpass Iran oil output, but faces Kurd problem(0)

It should be a moment of pride for the Nour Al-Maliki government. Iraq’s oil production crossed three million barrels per day – the last time production was so high was in 1979, when 3.49 million barrels per day rolled out of the country’s oil wells just as President Saddam Hussain came to power. READ MORE HERE

 

Middle East’s USD15-Billion SME Opportunity Middle East’s USD15-Billion SME Opportunity(0)

Around 11 million SMEs remain unserved or underserved in the Middle East, presenting a massive USD15-billion opportunity for the banking industry. READ MORE HERE

Exxon’s Kurdistan Exxon’s Kurdistan(0)

Why did Exxon strike a deal with Kurdistan at the cost of upsetting Baghdad? Because Kurdistan offered up one of the greatest oil basins in the world, roughly half the size of Abu Dhabi. READ MORE HERE

 

Which Country Will Suffer Most If Strait Of Hormuz Is Blocked? Which Country Will Suffer Most If Strait Of Hormuz Is Blocked?(0)

Which regional companies and countries stand to lose in the event that Iran closes the Strait of Hormuz? Ratings agency Standard & Poor’s takes a look. READ MORE HERE

 

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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.

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