One year ago, with the global economy fully immersed in its ongoing downslide, Philippe Dauba-Pantanacce, a senior economist for the Middle East region at Standard Chartered Bank, went on a…
financial crisis
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Dubai has been getting a lot of negative coverage in the media lately. One story stands out in particular, i.e. the frequently spouted ‘3,000 cars abandoned at Dubai airport,’ which…
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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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The spillover of the current financial crisis into the main economy is fast raising the specter of a global recession. A natural reaction is for companies to batten down their…
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There is no doubt that the sheer scale and global consequences of the financial crisis are staggering. The financial meltdown translated into a deep economic recession that reached the US,…
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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…
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The underwriting division of the regional insurance industry is expected to expand substantially over the next year, as companies reeling from the effects of the global financial crisis concentrate more…
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The year 2008 will forever be remembered for bringing the global financial system to the brink of total collapse. “When I predicted earlier this year that we were facing the…
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Inflation was the biggest economic story in the Middle East for 2008, before the global financial system almost completely self-destructed. While inflation was a global problem due to a sharp…
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The demand for resources is rising — financial crisis or not — while supplies are becoming increasingly scarce. The global population is set to rise from 6.3 billion at present…