Economy

A look at the economies beyond the credit crunch.



Tafline Laylin
Written by :
on : Friday, 18 Jul, 2014

A Hunger for Solutions

Food security has become a hot topic in the Middle East, and with good reason: the states of the region face a terrible mixture of economic, environmental and political obstacles in feeding their people. At a recent conference on the subject in Rome, the United Nations Food and Agriculture Organization (FAO) reported that more than 11 percent of the region’s population, or 79.4 million people, were undernourished. On the other side of the spectrum, the FAO reported that nearly a quarter of...

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Nikolay Kozhanov
Written by :
on : Thursday, 26 Jun, 2014

Sidestepping Sanctions

As diplomats scrabble to draw up a final nuclear deal with Iran by July 20, sanctions remain in place and are likely to only be gradually eased even if a deal is agreed. In a significant turnaround at talks in Vienna last week, Iran's Deputy Foreign Minister Abbas Araqchi accepted that sanctions would not be lifted immediately. It appears that Iran may have to put up with the blockade for a while longer—one it has become very good at circumventing in the past few years. While the...

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Mona Alami
Written by :
on : Wednesday, 11 Jun, 2014

Drawing Money in Lebanon

In 2013, a painting by Lebanese artist Paul Guiragossian, La Lutte de L’Existence (1988), was auctioned for 500,000 US dollars, ten times more than what it was worth a decade...

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Yerevan Saeed
Written by :
on : Monday, 2 Jun, 2014

Turkey’s Kurdish Lifeline?

The tug-of-war between Iraq and Erbil, the capital of Iraqi Kurdistan, over control of the autonomous region’s oil reserves seems to be entering a new phase. On May 22, Kurdi...

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Sam Hardy
Written by :
on : Friday, 16 May, 2014

Africa’s Middle East Moment

Earlier this month almost a thousand delegates descended on Abuja, Nigeria’s business capital, for the 2014 World Economic Forum on Africa meeting. The annual regional summit...

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Mona Alami
Written by :
on : Friday, 2 May, 2014

Gas Up and Govern

Until recently, Lebanon was better known for its frequent blackouts and heavy reliance on imported oil and gas than for its hydrocarbon reserves. Based on a 2012 study, Lebanon...

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Tafline Laylin
Written by :
on : Friday, 18 Apr, 2014

Back to Balance

Located in the southwest of Yemen close to the pre-1990 border that once divided the country into North and South, the city of Taiz has long been known for its thriving busines...

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Hend El-Behary
Written by :
on : Thursday, 13 Feb, 2014

Marriage or Broke

Since the January 25 revolution in 2011, getting married in Egypt has become a very expensive proposition due to economic instability, soaring inflation and unprecedented unemp...

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Farahmand Alipour
Written by :
on : Thursday, 16 Jan, 2014

Speed Up and Sell

Two models of car, the Pride and the Samand, are a familiar sight on Iranian streets. Long the country’s two most popular makes, they have also become a familiar sight abroad...

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Jason Pack and Haley Cook
on : Monday, 9 Dec, 2013

Breaking the Libyan Oil Blockade

Libya is currently facing one of its most complex dilemmas. The continuing occupation of multiple oil and gas production sites, pipelines, platforms and export terminals by armed p...

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