Economy & Innovation

Iran

Iranian Rial on Free Fall: Again?

The Iranian rial lost 50% of its value in just the four months leading to...

Kuwait

The Crisis of the Era: Economic Decline in Kuwait

Dealing with the impact of the COVID-19 pandemic over the next few years is going...

GCC

How GCC States are Responding to COVID-19 Supply Shocks

The Gulf Cooperation Council (GCC) countries are situated in some of the world’s most inhospitable...

GCC

Innovation is Born out of Crisis: The GCC Must Capitalize on this Moment

Joseph Schumpeter argued that the entrepreneur generates “creative destruction” as innovation causes modes of thought,...

Qatar

Qatar Airways CEO Says Will Keep Flying But Warns Cash is Running Out

Qatar Airways will continue to operate flights as long as necessary to get stranded travelers...

GCC

Gulf States’ Economies Stuck Between Global Pandemic and Oil Price War

For the Gulf region, the last four weeks could not be more economically costly. Gulf...

Iraq

Unemployment Crisis in Iraq and Iran: A Chronic Dilemma for State and Society

Looking at pictures and video footage of last year’s protests in Iran and Iraq, one...

GCC

Coronavirus Infects More than Health in the Gulf: Implications for Oil Markets

While it may initially have been covered as a Chinese outbreak, the implications of the...

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...

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