Economy
A look at the economies beyond the credit crunch.
on :
Tuesday, 14 May, 2013
The fight for Iraqi oil is a story smugly told. Countless observers have remarked on the irony of Western firms’ withdrawal from southern Iraqi oil fields and the flurry of new contracts between Baghdad and Beijing, in what International Energy Agency chief economist Fatih Birol termed “the B–B axis.” Chinese producers from the China National Petroleum Corporation (CNPC), the Chinese National Offshore Oil Corporation (CNOOC), and the China Petrochemical Corporation (Sinopec) have snatche...
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on :
Thursday, 2 May, 2013
In Pakistan’s feverish election season, politicians in the country are promising an array of solutions to an excruciating crisis: its acute energy shortage. There seems to be a broad national consensus that importing Iranian natural gas via a 1700-mile pipeline could go a long way to lessening the pain of the power shortage. The United States, however, is firmly against this project, which Washington regards as a breach of the sanctions imposed on Tehran. Both Islamabad and Washington are seem...
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on :
Tuesday, 16 Apr, 2013
Abu Dhabi recently inaugurated the world’s largest solar thermal plant to great fanfare and loud applause from global officials and the renewable energy industry, in the latest i...
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on :
Tuesday, 2 Apr, 2013
It was on a Thursday in early June 2005 when it happened. That Thursday began like any other day in the bustling emirate of Dubai: expats and locals were preparing for the weekend....
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on :
Wednesday, 20 Mar, 2013
“Invest in whichever sector that could serve the young generation ... in the service sectors, like education, healthcare and coffee. We’re talking about frontier markets ... Ir...
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With a staggering USD 482.3 billion in total revenues for 2012, and a business presence in over two hundred countries, Exxon Mobil is the world’s second-largest oil and gas e...
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In the year 1963, Egyptian economist Ahmed El-Najjar started a quiet revolution in a small, unknown city about 75 kilometers outside of Cairo. In the city of Mit Ghamr, home to p...
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on :
Monday, 14 Jan, 2013
For Europe, the past few years have been a seemingly endless string of bad news: the 2008 financial crisis has lead to the destabilization of economies across the European Union, a...
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on :
Wednesday, 2 Jan, 2013
The tumultuous events of the past few months have left onlookers wondering just how natural gas has emerged as the Middle East’s latest rabble-rouser. Once spurned by convent...
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on :
Friday, 28 Dec, 2012
Mazen Kalab arrives an hour late for his interview with me, a Western journalist. He twitches nervously as he settles into his chair at the café of the hotel in Istanbul where he ...
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