Family businesses play an integral part in the Gulf economies; they can act as a safety net for their countries and the region to recover sooner. With proper structures in place, government support and succession planning they will lead the Gulf out of this recession and forward into the next decades of the 21st century. Read more »
The Gas that is Sitting Idle
Dana Gas was a victim of fate. Its timing couldn’t have been worse, the expectations couldn’t have been higher and the disappointment of investors in the eventual failure of the company to deliver gas two years after it was founded couldn’t have been more dramatic. Shareholders have had come to terms with the fact that the Iranian gas deal is at worst no longer attainable and at best very expensive and unpredictable. Read more »
What was Emaar thinking?
If Emaar, and by extension the entire UAE stock market family, want to salvage their reputation, then they need to employ more corporate governance and transparency laws. If Emaar wants to carry the baton of blue chip firms, it has to start acting like one. Read more »
Break the Peg Before it Breaks Us
We in the GCC do most of our trade with Europe and Asia, and yet we insist on giving them a leg up by artificially pegging our currencies to the weak and declining dollar. So they get to buy more from us for less money, and we have to pay more to buy less. Does that sound fair? Read more »