In January 2006, Sheikh Mohammed Bin Rashid Al Maktoum ascended as the ruler of Dubai and Prime Minister of the UAE. Sheikh Mohammed immediately revolutionised some of the less active ministerial positions by pumping much needed new blood into these entities. Before this event, each ministerial change meant more of the same, reminding me of the film, Groundhog Day. Read more »
Archives for February 2009
The CIA under US President Dwight Eisenhower orchestrated a coup d’etat in 1953 against the Iranian prime minister Mohammed Mosaddeq, one of the first democratically elected leaders in the region. It took the US government half a century to admit any wrongdoing and offer a tepid apology to the Iranian people for meddling in their affairs. Too little, too late. Read more »
It was the stuff that dreams, or nightmares, are made of, depending which side of the fence you sit on. Kuwait finally caved in to the demands of hundreds of citizens to write off hundreds of millions of dollars worth of loans that they have accumulated in mortgages, personal loans and car loans. To any GCC pundit, this shouldn’t come as a surprise. Here’s why, Sultan explains in this article. Read more »
Sultan on why Kuwait needs political stability to boost its economic prospects.