Economy & Innovation

Bahrain

Bahrain Deficit Shrinks to 4.7% of GDP in 2019

Bahrain’s budget deficit shrank to 4.7% of gross domestic product (GDP) in 2019 from 6.3%...

Kuwait

Kuwait Could Need $180 Billion in Financing Over the Next Six Years: IMF

The International Monetary Fund estimates that Kuwait’s financing needs will amount to some $180 billion...

UAE

UAE Posts $18 Billion Surplus in First Nine Months of 2019

The United Arab Emirates (UAE) posted a surplus of 66.3 billion dirhams ($18.05 billion) in...

Iran

When Clean Air Becomes A Luxury: The Case of Air Pollution and Climate Change in Iran

The impact of pollution and climate change on the lives of ordinary Iranians has been...

GCC

Gulf Markets Plunge on U.S.-Iran Tensions, Aramco at Lowest since IPO

Kuwaiti and Saudi stocks led Gulf stocks sharply lower in late afternoon trade on Sunday...

Brexit and the Gulf Cooperation Council: What Next?

The recent UK Supreme Court ruling against Boris Johnson has led to renewed discussions concerning...

Iran

Could Turkey Lower the Impact of U.S. Sanctions on Iran?

Recently, President Erdogan has declared that the U.S. sanctions placed on Iran are against international...

Reconceptualizing Trade Relations: Brexit and the GCC

Tapping into Prime Minister Theresa May’s promise of a post-Brexit “truly global ...

How will Artificial Intelligence shape the future of Gulf Arab states?

According to a recent PricewaterhouseCoopers (PwC) report, emerging Artificial ...

United Arab Emirates’ VAT is Not on Track

As the government seeks to raise revenue from VAT, the implementation has been slow and...