Most Egyptian businessmen are finally giving off an air of optimism these days, thanks to the three-year, $21 billion IMF loan program signed in November.
The loan is the largest of its kind on record in the Middle East, and came just days after (...)
John Sfakianakis* looks into how Middle East economies have fared during the past year
As world political affairs took centre-stage in analyses of the events of 2002, the state of Middle East economies were largely neglected. The political impasse (...)
Do the US administration's grand plans for Iraq include rebuilding the country's devastated economy? John Sfakianakis* asks
Sim City is a popular computer game in which players are required to build a complete city on their own. During the (...)
A recent UNIDO report has heralded Egypt as an economic "winner" despite the country's severe economic problems. John Sfakianakis* investigates
Once again a United Nations agency has stressed that the Middle East is not keeping up with global (...)
John Sfakianakis* comments on the controversial UNDP Arab Development Report issued earlier this month
Earlier this month the United Nations Development Programme (UNDP) published its first human development report for the Arab world. The report (...)
The almost two-year-long Intifada and the recent Israeli operation in the occupied territories has hit hard nearly all sectors of the Israeli economy, writes John Sfakianakis*
There is little doubt that the Israeli economy has been facing a serious (...)
Israel's latest assault on the occupied territories has flattened an economy that was already stumbling. But Israel itself is in trouble, as the costs of trying to contain the Intifada mount. John Sfakianakis* writes
The Palestinian economy has all (...)