Officials remain confident of solid economic growth this year, although there are concerns that domestic and regional unrest will leave the kingdom falling short of its objectives for 2012.
Economic update | Jordan: Delicate economic balance
Articles & Analysis | Warrior kings: A look at the history of the Mamluks from The Report: Egypt 2012
The Mamluks, who descended from non-Arab slaves who were naturalised to serve and fight for ruling Arab dynasties, are revered as some of the greatest warriors the world has ever known. Although the word “mamluk” translates as “one who is owned”, the Mamluk soldiers proved otherwise, gaining a powerful military standing in various Muslim...
Articles & Analysis | Striking a balance: Looking further afield for trade partners from The Report: Egypt 2012
With its geographical location making it an ideal land bridge between the Mediterranean and the Red Sea, and one of the major channels of commerce between the Levant, Africa and Arabia, Egypt’s status as a centre of trade was already well established by the era of the Old Kingdom in the third millennium BC.
Articles & Analysis | Reform agenda: Expected changes to the tax law from The Report: Egypt 2012
The country’s widening budget deficit and growing currency pressures seen since the uprising of 2011 have made the efficient use of revenues a primary concern of the Egyptian government. With Suez Canal receipts largely reliant on the fortunes of the global economy and the country’s tourism sector, Egypt’s other major revenue stream, suffering in...