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11 Challenges For Egyptian Economy 11 Challenges For Egyptian Economy(0)

While Egypt’s transition is heartening, there are 11 key challenges and issues it needs to address to ensure the country’s enormous potential is harnessed.
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Dubai Tourism Gets A Boost, But Egypt and Bahrain Will Struggle This Year: Citibank Dubai Tourism Gets A Boost, But Egypt and Bahrain Will Struggle This Year: Citibank(0)

The emirate’s economy may benefit as international visitors choose hotels in Dubai over other troubled regional tourist destinations, notes Citibank. But Egypt and Bahrain will suffer from poor growth.

The UAE may benefit from the unrest in other parts of the Middle East, according to Citibank, with Dubai set to grow 5% this year and at an even faster clip at 6% in 2012.

“Due to its relative political stability, we believe there is a possibility of a diversion of commercial, investor and tourist activity from less stable parts of the region. The external sector thus is the main driver of the recovery, with gains being posted both in export growth, and a reduction in imports,” notes Citibank. READ MORE

Brace for funds flowing out of Bahrain Brace for funds flowing out of Bahrain(1)

The Middle East crisis will see capital flowing out of the region, especially the vulnerable financial hub of Bahrain, according to a poll.

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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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