UAE. The winds of change whipping through the Middle East during the Arab Spring of 2011 never quite made it to the United Arab Emirates (UAE).
The country’s strong, oil-fuelled economy and robust public spending have acted as a protective shield from the region’s storm of pro-democracy protests.
UAE citizens, who make up less than a fifth of the country’s 8.2 million residents, are among the most privileged in the world. Assisted from birth to death by funds from the nation’s oil wealth, they also have the social advantages that come with living in one of the region’s most
UAE. With its oil wealth, population growth and strong demand for industrial and consumer goods, the MENA region is an attractive market. There are, however, potential pitfalls in doing business, particularly when it comes to appointing local agents to distribute products in the region.
INTERNATIONAL. By 2040, Africa will experience faster economic growth than any other region and is expected to have the biggest labour force in the world; By 2030 Dar es Salaam and Luanda could have bigger populations than London has now.
EGYPT. The Suez Canal is the fastest shipping route between Europe and Asia and brings in around US$5 billion in revenues per year; Bahrain-registered engineering firm Dar al-Handasah Shair and Partners, is part of the consortium.
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
UAE. Dubai World, the state-owned company at the center of the emirate's 2009 financial crisis, reached a deal with its main creditors to extend the repayment of US$10.3 billion of debt, according to people with knowledge of the matter.