economy

More than three years after the start of the financial crisis and two years after the default of Lehman Brothers, the world economy is still struggling to climb back from …

As Iran’s 2005 presidential election approached, a broker active in Tehran’s stock exchange was downbeat. “Pessimists look at the elections and see no new ideas and no new faces,” he …

Forecast to reach an altitude of $55.4 billion by year’s end, the precarious flight of Lebanon’s arrears is ruffling far too few feathers among our policy makers. Instead, they’re counting …

There’s a shift going on in the retail world. Where once manufacturers competed against one another for consumer loyalty, today they face sharp competition  from retailers, the very places that …

Once a hurricane passes, those left in its wake assess the damage, pick up the pieces and look ahead to how best to get on with life. The first quarter …

  In his 2004 book “Colossus: The Price of America’s Empire,” the British historian Niall Ferguson offered an interesting premise for what might ultimately bring about the decline of the …

One can hardly describe the recent pick up in initial public offerings in the Middle East and North Africa region as a recovery. As of July 22, the number of …

As the dust from the global economic storm beings to settle in the UAE, banks are hesitantly wading into 2009. This year, the operating environment for banks is undoubtedly challenging. …

With the Crash of ‘08 ushering in the 2009 worldwide slump, it is clear that the economic crisis will hit richer countries more than others. According to the Organization for …

The world oil market has undergone dramatic developments over the last 12 months. On January 3, 2008, the price of a barrel of oil passed the $100 mark for the …