Economics

“The ideas of a debtor and creditor as to what constitutes a good time never coincide.” P.G. Wodehouse

Paranoia and Control in the Gulf Economy

Paranoia and Control in the Gulf Economy

MISHAAL AL GERGAWI: Incubation is the most innovative role governments can play, sparking industries whose high start up costs are a barrier to entry.…

A Call to the GCC: ‘Together You Can Save Yemen’

A Call to the GCC: ‘Together You Can Save Yemen’

MISHAAL AL GERGAWI: Yemen's problems could be solved, in part, by the GCC coming together with member countries taking what they are best at, and imparting know-how to the Gulf's poorest country.…

Saying No to An ‘Open Sesame’ Welfare Agenda

Saying No to An ‘Open Sesame’ Welfare Agenda

MISHAAL AL GERGAWI: That the GCC is able to cooperate and function so well is both comforting and alarming. Comforting because it confirms the council still functions, alarming because it only does so in self-preservation mode.…

Is Turkey the Role Model for the Arab World?

Is Turkey the Role Model for the Arab World?

JAMES M. DORSEY: For the first time in its history, Turkey is emerging as a true bridge between East and West. Unrest elsewhere however puts Turkish aspirations to the test.…

The Investment Industry: Don’t Forget the Humans

The Investment Industry: Don’t Forget the Humans

STEVE ROYSTON: Too often, financiers ignore the blindingly obvious questions. Who is this person or team in whom I am going to invest? …

Rebuilding Business Confidence the Next Battleground

Rebuilding Business Confidence the Next Battleground

ANDREW MACKAY: Countries across the Middle East and Africa need to examine the damage done to their reputations, and rebuild vital revenue streams from inward investment and tourism.…

Something Amiss About Saudi Oil Reserve Story

Something Amiss About Saudi Oil Reserve Story

CROSSROADS ARABIA: 'Saudi overstates oil reserves by 40%' blasted the headlines. Cue global panic. But the story deserves a little more investigation...…

2022 World Cup Driving Qatari Labour Clean Up

2022 World Cup Driving Qatari Labour Clean Up

JAMES DORSEY: The workers are a necessarily evil, but over time they are almost certain to change the nature of society – a notion that sends chills down Qatari spines.…

A Message for Davos – Waste Not, Want Not

A Message for Davos – Waste Not, Want Not

STEVE ROYSTON: Taxpayers’ money that could have been spent on new hospitals, refurbished schools, or improved public transport – down the drain.…

Saudi Arabia – Why Western Consultants Fail

Saudi Arabia – Why Western Consultants Fail

STEVE ROYSTON: If they are to be lasting, appropriate and sustainable, the solutions themselves must come from within, not from the West.…