TAG: Economy
As 2015 draws to a close the low price of oil continues to be the dominant factor in Middle Eastern markets. Combined with conflicts in both Yemen and of course Syria and Iraq, 2015 is perhaps a year that many would prefer to forget...
Anyone with an interest in the economies of the Arabian Gulf will be more than familiar with the concept of diversification. In many ways it has become a mantra for this oil-rich region as it has sought to reduce its dependence on hydrocarbons...
Lima – On July 28 Pedro Pablo Kuczkynski took charge of the presidency of the Republic of Peru, after narrowly defeating Fuerza Popular candidate, Keiko Fujimori.
After years of sluggish economic growth – mainly due to the fall in commodity prices and subsequent slowdown in government-back projects – Kuczynski’s victory generated a wave of optimism among the public, the private sector and the international community. Every change of administration comes with multiple challenges, especially given the current regional and global economic and political turmoil. Additionally, the previous administrations’ failure to achieve many of its goals during its five-year rule resulted in a cooling of the relationship between the public and the private sectors.