At a time when oil prices are half of what they were a year ago, the retail price of gasoline in Lebanon has been stagnant or climbing. For example, in…
GCC
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As April begins, so does the countdown for Abu Dhabi Cityscape 2009. Just a few weeks separate Abu Dhabi’s real estate developers, investors and market players from the capital’s most…
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Big or small, PE firms in the Middle East are faring much better than most other financial institutions in the region, despite the amount of “dry powder” — i.e. capital…
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With the financial crisis at hand the question is: what are businesses going to do about it? The response many businesses in the region have is to look inwards and…
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Last year food was big news as prices soared globally by 54.9 percent and associated riots erupted in 60 countries. In the Arab world alone the shortage in food sufficiency…
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The UAE automobile sector saw sales plunge by up to 45 percent in the first two months of the year compared to 2008, a remarkable downturn from the years of…
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Louis Hakim joined Philips in 1998 and is currently the chairman of Philips Middle East and vice president of Royal Philips Electronics. Executive recently sat down with him for a…
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While construction workers are putting down their tools throughout the Gulf and the future of many massive infrastructure projects is in jeopardy, the Sultanate of Oman is bucking the regional…
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Family offices are by nature conservative, but in recent years they have stepped out of their mold and began to invest in several asset classes including private equity (PE). This…
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Abu Dhabi, the capital of the United Arab Emirates and the largest of the seven, has been overlooked for years by investors and entrepreneurs who tended to consider Dubai a…