Mongolia has begun to attract the attention of the global business media as the next success story to come out of Asia. While it may still be early days, such optimism does not seem to be unfounded. Since October 2006, there has been a veritable “gold rush” of investment banks, hedge funds, private equity funds, construction firms, major and junior...
I like to use the image of a glass of water to describe my views on Mongolia’s legal system and the current business climate for foreign investment. Depending upon one’s disposition, the glass is half full, providing an unusual opportunity for foreign investors in a legal system surprisingly light on approval procedures, contending approval...
Nestled between Iraq and Saudi Arabia in the northwest corner of the Gulf, Kuwait has been a leader of Arab democracy and one of the most liberal nations within the GCC since the country gained independence in 1961. Economically, the country also has a bright future, with strong public finances, a young and well-educated population and vast oil deposits.
The mineral wealth of Mongolia, a vast and isolated land, has brought the world to its doorstep. The country’s economy is one of the fastest growing in the world, and production from and investment in its two largest mines should see GDP growth continue to climb.
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