Economy

A look at the economies beyond the credit crunch.



José Ciro Martínez
Written by :
on : Sunday, 27 Jul, 2014

The Perils of Jordan’s Informal Sector

Bilal Hiyari was a restaurant manager. Within seconds of meeting him, he expresses how much he loves the heat of the kitchen, the pleasantries with customers, and the constant banter with his occasionally distracted co-workers. Since January 2014, he has been driving a taxi, chain-smoking during the fourteen-hour days he works to afford the rental fees charged by the vehicle’s owner. Fired from his job at a well-known restaurant in the Jabal Amman district of the Jordanian capital, Bilal w...

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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...

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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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