Tag "MENA"

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Economics Middle East/North Africa

Middle East sees rise of start-up incubators

The impressive start-up culture in the Middle East has led to the development of myriad seed investment companies looking to support young entrepreneurs. These companies provide startups with greater access

Middle East/North Africa Politics

Egyptian pivot to Russia increases political risk

The February 10 meeting between Egyptian President Abdel Fattah el-Sisi and Russian Federation President Vladimir Putin in Cairo marks the consolidation of the Egyptian pivot towards Russia and away from

Middle East/North Africa Security

Middle East defense spending fuels security dilemma

Middle East countries are expanding defense budgets at a rapid rate. Between 2014 and 2020, MENA defense spending is expected reach $920 billion despite low oil prices. While investment in

Economics Middle East/North Africa

China-Egypt partnership fraught with political risk

Egypt is aggressively courting China to attract more investment and stabilise the already fragile economy. But Beijing must proceed with caution. Egyptian President Abdel Fattah al-Sisi is scheduled to visit China

Economics Middle East/North Africa

Compliance risks challenge business in the Middle East

Some markets have avoided rigid laws and regulations as a comparative advantage. But that has changed lately. Compliance has gained in importance worldwide as laws approved in one corner of the

Economics International

Erdogan undermines Turkish Central Bank’s autonomy

On 30 April, the Governor of Turkey’s Central Bank, Erdem Basci, announced an interest rate cut in the near future, but specified neither number nor schedule. The announcement came a week after reaffirming the Bank’s

International Natural resources and energy

EU takes steps toward energy independence from Russia

With recent events in Ukraine strongly affecting security relations between the West and Russia, both Brussels and Moscow are increasing efforts to reduce their mutual energy-financial dependency. European energy dependency

Europe Natural resources and energy

Algeria Restores Hope for EU Energy Security

As one of the most resource-rich nations in the Mediterranean region, Algeria has long been identified as a strategic energy partner by European Union policymakers. Reflecting this vision, the development