Special Report articles

No shelter from the storm

No shelter from the storm

Reading Time: 3 minutes An attack on Iran that blocks the Strait of Hormuz would clearly have an impact on the Gulf economies. But when it comes to the possibility of a Gulf conflict, companies are extremely reluctant to talk about whether they have contingencies in place.  American technology firm Emerson, which works with the energy industry, replied to

Cashing in on conflict

Reading Time: 5 minutes The oil crisis in 1973 saw oil prices quadruple, equivalent today to a jump from $125 to $500 per barrel at late February prices. If Iran is attacked and oil tanker traffic is disrupted through the Strait of Hormuz, some 17 million barrels per day (bpd) would be taken off line and the markets would

Flirting with death

Reading Time: 8 minutes Just west of the Strait of Hormuz lies the United States Navy's Fifth Fleet in Manama which “covers the busiest 60 acres in the world,” according to military.com, the largest US army and veteran online forum. The naval command center in Manama coordinates NSA (Naval Support Activity) of nine US bases in Bahrain, two in

The boy who cried war

Reading Time: 3 minutes Among the fables of the ancient Greek storyteller Aesop is that of a young shepherd who repeatedly raises false alarms about a looming wolf with nearby villagers; the crux comes when a real wolf later appears but nobody believes the boy’s cries before it is too late. Now, replace “young shepherd” with “the media, Middle

Tablets on the boardroom table

Reading Time: 5 minutes With the explosive growth in demand for smartphones and notebook computers in recent years, it is hard to believe that corporate technology users are still finding room in their bags and attachés for yet another device. The rising popularity of tablet computers, though, suggests they are somehow finding a way. Although corporate demand for tablets

Naturally selected

Reading Time: 2 minutes To say that Internet and social media usage in the Middle East and North Africa is expanding exponentially has become a truism of our time, but like the dinosaurs that failed to adapt as the ice age covered the globe, many companies’ marketing strategies now resemble bewildered cave men soon to be run over on

Q & A – Hamadoun Touré

Reading Time: 3 minutes The United Nation’s International Telecommunications Union (ITU) partners with governments to define the global rules that underlie the development of the information society. It has also assumed a growing role in seeking to employ information and communications technology in reaching the UN’s Millennium Development Goals. Executive sat down with the ITU’s Secretary General Hamadoun Touré

The apper class

Reading Time: 11 minutes Times always seem fortuitous for those companies in information and communications technology (ICT) that focus on the newest and fastest growing demand. This is even truer when other outlooks in the economy are, to say it nicely, as subdued as is the case today. So it come as no surprise that the handful of Lebanese

The most dire of straits

Reading Time: 5 minutes The prospect of a war against Iran has been on the cards for decades. Since 2005, innumerable media reports have proclaimed that war is imminent, and this year will be the year it will happen. Think tanks, war strategists, risk consultancies and the various militaries have all compiled papers on how a conflict in the

Staying close to the nest

Reading Time: 2 minutes Lebanese abroad are often heard to say that they would return home if only they could find a job that satisfied their professional aspirations. Matching to two can be hard, especially in the limited market that Lebanon represents, but for those able to seize the opportunity, it is possible.    This option is exactly what

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