Economy

For the Egyptian economy, good news has been tough to come by in recent years. Three years after the January 25 revolution, the continued fallout from broader socio-political instability has brought wave after wave of grim developments, whether it be worker strikes, rising deficits or shrinking reserves. 

So it came as something of a relief when, speaking on the sidelines of a...

A strong performance from the non-hydrocarbons sector of Trinidad and Tobago’s economy has put it on course for steady growth in 2014 and beyond, despite concerns over international oil prices and the prospect of a general election next year. 

The decision to temporarily halt and revise the Kuwait Offset Programme (KOP), before reintroducing it next year, is widely seen as a sign of the government’s commitment to enhancing the business climate amidst fierce regional competition and following regulatory reforms.

Although South Africa’s macroeconomic indicators remain soft, recent data shows that foreign investors are continuing to flow into the country as a public sector-backed infrastructure spending campaign is rolled out. 

As one of the principle pillars of Qatar’s non-oil and gas economy – and a leading light in the country’s private sector – the financial services industry has recently been a particular focal point in moves to strengthen the drive to Qatarisation.

Indeed, the replacement of a number of expat banking CEOs with Qatari nationals in recent months has been one of the more visible signs of...

As incoming Indonesian president Joko “Jokowi” Widodo prepares to take the reins on October 20, speculation is growing that the way in which he tackles cutting the huge fuel subsidies may come to define his presidency.