Question: Which Middle East ‘country’ is most likely to default? Clue: It is not Iraq or Lebanon! Read More
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Iran may not be able to maintain its oil output by 2016 due to sustained international sanctions, but Iraq should be able to step into the breach, says the International Energy Agency.
Opec countries will rake in $900-billion this year. But these outstanding figures mask great turmoil facing group members in the next few years.
In the first part of the 2012 regional economic prospects, a look at oil-rich countries’ efforts to manage their citizens’ expectations, economic slowdown and regional and domestic political upheavals in the New Year.
In October this year, $16.9bn of projects were awarded across MENA. On a cumulative basis, just over $82bn of projects have been awarded across the region in the year to end October
Due to a host of common denominators in the Arab world including the lack of traditional liberalism, the tribes’ power, the elites’ control of business, the hold on power by ethnic minorities, the military that cling to power, and the religious divide and Islamic extremism, the Arab Spring could sadly turn into a long and cruel winter
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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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