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While officials in Abu Dhabi were announcing the start of a new, cut-price airline last week, new figures showed that it is not just aircraft that have been leaving the Emirates in recent years. Capital too has been heading overseas in huge amounts, making the UAE the top player in inter-Arab investments.

In upbeat mood this week, the recently appointed IMF resident representative for Bulgaria praised the country's economic growth, falling inflation and declining unemployment in an exclusive interview with Oxford Business Group. However, he also warned that there was much more work to be done - both before and after EU membership.

As Qatar is heavily dependent on the hydrocarbons industry for economic growth and development, protecting the country's environment from any potentially harmful effects has been a matter of great concern in recent years.

October 24 saw Bulgarians go to the polls in nation-wide local elections, with many observers predicting that the ballot would be a day of reckoning for the country's ruling party. Yet the voting was also noticeable for its low turnout and lack of decisive results.

This month saw the grand inauguration of Qatar’s Education City, a massive undertaking aimed at positioning Qatar not only as a regional leader, but as a global one in the economy of the 21st century.