The New Financial Capital of the Middle East
From Choice to Strategic Financial Hub Abu Dhabi is anticipated to emerge as the financial capital of the Middle East within the next decade. This prediction is based on the diversity of its capital markets, robust banking infrastructure, and flexible…
Is the global economy at a crossroads?
The global economy, having overcome the challenges posed by the COVID-19 pandemic, now faces new and accelerating obstacles. Debt crises, rising inflation and interest rates, and declining trade performance have significantly pressured global economic growth, diminishing opportunities anticipated by investors…
The Impact of Red Sea Tensions on the Global Economy
The Red Sea in the Spotlight Since the outbreak of conflict in Gaza, escalating events suggest a widening scope of the conflict to encompass broader regions in the Middle East. Daily military incidents along the Lebanese border, missile strikes, and…
Iraq Expands Trade Horizon: Will Iran Be Affected?
The Iraqi Dinar and Foreign Trade Since the U.S. Treasury imposed restrictions on several Iraqi banks, barring them from dealing in dollars, the Iraqi economy has experienced a noticeable downturn. The value of the Iraqi dinar plummeted to 1650 dinars…
Will Iraq’s Economy Escape the Ramifications of the Gaza War?
Confronting the factions The aftermath of the recent war in Gaza has quickly expanded to encompass other countries in the region, including Lebanon, Syria, Iraq, and Yemen. American bases in both Syria and Iraq witnessed multiple missile and drone attacks…
Turning of The Taps: Unraveling The Suspended Kurdistan Oil Exports Saga
Turkish Claims and Iraqi Inaction In a span of twenty-four hours, Iraq bore witness to a visit from senior Turkish officials—Foreign Minister Hakan Fidan and Energy Minister Alb Bayrakdar. These visits preceded a forthcoming trip by Turkish President Recep Tayyip…
Dubai ‘most ready’ to host Expo 2020, with $28bn boost at stake
Dubai is the favorite among five cities hoping to host the World Expo in 2020, and stands to benefit from a $28 billion economic boost if its bid is successful, according to a report published today. The London-based International Centre…