The double whammy of the subprime market crisis followed by the deepening financial crisis has seen a remarkable change in fortunes among the vanguard of economic power. Recall British Prime …
middle east
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Executive Insights
Exposing the roots of the world‘s economic crisis
by Mazen Soueidby Mazen SoueidFor all the talk of greed, fraud and excesses in the analysis of what went wrong and how it caused global capitalism to suffer one of its worst crises in …
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In the 21st century, the problems of Arab industrial exports have been aggravated by more open markets. In particular, the region’s textile and clothing (T&C) industry is in flux, with …
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As Middle Eastern and African economies witness a period of unprecedented economic development that is fuelling governmental and consumer spending, the telecom industry presents investors with a unique opportunity to …
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Water, transportation, energy and telecommunications infrastructures are essential building blocks of a nation. Infrastructure plays a vital role in supporting a high standard of living and facilitating trade, thereby extending …
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In recent years, the Lebanese banking sector has been breaking records time and time again. Within the first nine months of 2008, Lebanese banks saw an astounding $7.8 billion increase …
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The Middle East and North Africa (MENA) region continues to favor private equity as a leading alternative asset class, but changes in 2008 have led many to believe that 2009 …
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The introduction of mandatory insurance legislation by regional governments is seen by many in the industry as the major driver of the regional insurance industry, especially in the GCC. “When …
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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 …
