Middle East & North Africa - Economy
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IMF points to inflationary threat in Gulf
Inflation is the most pressing problem facing the region, which is reaping the benefits of record oil revenues but does not have the tools available to cap rising prices
Gulf architecture: a tale of three cities
Edwin Heathcote, the FT’s architecture critic, visited Abu Dhabi, Dubai and Qatar with photographer Charlie Bibby to take a look at the extraordinary and ambitious building schemes underway. Part one: Abu Dhabi’s cultural ambitions
Closer look for bargain assets
Zabeel Investments, an equity investor with ties to Dubai’s ruling family, is making forays into the US property market with an eye on the opportunities available there
Spanish gas groups fear reliance on Algeria
Some executives are wary of Sonatrach’s entry into southern Europe’s gas market, going so far as to describe the African state’s energy company as a ‘Gazprom on the Med’
UAE investors buy Pakistan farmland
A large Middle East private equity company has been quietly buying farmland in Pakistan as part of plans by the United Arab Emirates to increase food security and damp inflation
Editorial Comment: Food investment, not imperialism
There is a risk powerful nations will use aggressive foreign policies to secure food supplies and exclude competitors, but it has not arrived yet
Beirut school targets growing bank sector
Lebanon’s ESA school is eyeing the opportunities presented by the growth of the Islamic banking industry and offering an executive masters degree in Islamic finance management
Region’s bourses eye ascendancy
As the world’s great exchanges merge in a series of cross-continental takeovers and tie-ups, the Gulf’s bourses look increasingly atomised
Call to Saudis to curb spending
Central bank governor Hamad al-Sayari on Tuesday urged the government to fight inflation, warning that economic policies in the kingdom faced a ‘critical situation’
Inflation proves a tough beast
As inflation has soared it has not only hit people who were supposed to benefit from the oil boom but also the governments that had promised that revenues would trickle down
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