Arab Exports of Energy Products to Brazil on the Rise in 2013
Arab-Brazilian Chamber of Commerce now targets Arab investors for various oil exploration and oil production projects in Brazil.
Bahrain’s economy expands by 3.9% in 2012; expected to grow by 4.2% in 2013
Bahrain Top Stories
Bahrain’s economy expands by 3.9% in 2012; expected to grow by 4.2% in 2013
Bahrain’s real GDP is estimated to have expanded 3.9% in 2012 from the 1.9% growth seen in 2011. Even as the oil sector shrank by around 8.5% in 2012 due to a temporary technical disruption at the country’s main Abu Sa’afa oil field, (expected to return to full capacity in 2013)…
The Bahraini Political Crisis: Reconciling the Narratives
Bahrain Top Stories
The Bahraini Political Crisis: Reconciling the Narratives
Three major narratives compete for dominance in explaining Bahrain’s post-2011 political crisis: the narrative of foreign interference/instigation, the narrative of sectarian discrimination and conflict, and those who insist the sectarian narrative has been invented to divert attention away from a revolution of the entire- or at least most of- the population.
Lebanon’s Central Bank forecast steady GDP growth amid continue Syrian strife and foundering local tourism sector
The Banque du Liban has projected real GDP growth in Lebanon at between 2 percent and 4 percent in 2013 amid an economy stalled by the continuing strife in neighboring Syria and the depressed tourism sector caused by the resulting security worries.
Founder of Lebanon’s Nawaya Network NGO wins King Abdullah Award and $50,000 Grant
Zeina Saab, the Lebanese-American founder of The Nawaya Network, has won the King Abdullah Award for Youth Innovation and Achievement (KAAYIA). She was presented with the award by King Abdullah of Jordan at the Dead Sea during the recent meeting of the World Economic Forum held in Jordan.
Telecom and ICT Sector in Iraq and Kurdistan: Deployment of 4G LTE, IPOs and Other Developments
Autonomous Kurdistan has found itself with a comparative advantage in the telecoms department, with defacto faster Internet connections and consistent mobile service compared to the rest of federal Iraq.
Iraq and Iraqi Kurdistan: Banking Sector Analysis
In a region of nearly five million citizens and hundreds of new business operations, banking experts refer to autonomous Kurdistan as “underbanked” and thus see opportunity in opening branches there or creating entirely new banks.
Economic Recovery in Libya
Libya Top Stories
Economic Recovery in Libya
Given recent headlines, no one can now deny that Libya has been undergoing a complex transition that is hampered by the proliferation of armed groups with a multiplicity of political, economic, religious, regional, and ideological goals and objectives.
Libya Reports Strong Economic Growth in 2012
Libya Top Stories
Libya Reports Strong Economic Growth in 2012
With the recovery in hydrocarbon exports, the fiscal and current account surpluses in 2013 are projected at 19.1% of GDP and 26.7%, respectively. Nevertheless, the increase in recurrent expenditures poses risks to fiscal sustainability.
Positive Outlook for Libyan Economy: 9.6% Growth between 2013-2017
Libya Top Stories
Positive Outlook for Libyan Economy: 9.6% Growth between 2013-2017
The Libyan economy is expected to grow by an annual average of 9.6% in the period between 2013 and 2017.