FEBRUARY 2008
EDITORIAL
COMMENT
BY INVITATION
Authoritarian CEOs are out, inclusive CEOs are in
The nature of how CEOs operate is changing in today's corporate world
Bahjat El-Darwiche and Rabih Abouchakra
Global footprints of sovereign wealth
Global footprints of sovereign wealth funds show Mideast and Asian players making waves in the global market
John Defterios
Cheer up – the Arabian real economy steams ahead
Reasons to be optimistic during a global recession
Imad Ghandour
SPECIAL SECTION: SUBPRIME CRISIS
The Subprime Crisis and the Middle East
Executive examines regional fallout and opportunities
Executive Staff
GCC banks sitting safe
Executive interviews analyst with Standard and Poor’s on subprime crisis
Executive Staff
GCC
LEBANON
Lebanon – Saade wineries
Brothers venture into wine industry targeting international markets
Executive Staff
LEVANT
Stepping up liberalization
Erdogan commits to series of privatizations and reducing public debt
Executive Staff
NORTH AFRICA
Farming faces the future
Government calls for ‘sustained effort’ to increase output and competition
Executive Staff
SUDAN
BANKING & FINANCE
IPO Watch – Enthusiasm remains
Regional markets still strong despite global slowdown
Executive Staff
BUSINESS ESSENTIALS
FINANCIAL INDICATORS
CAPITALIST CULTURE
The American Empire – Contemplating isolation.
Presidential candidate’s advocacy for retreat
Michael Young
