Governments across the Gulf Cooperation Council (GCC) are facing the unprecedented challenge of creating knowledge-based economies. To develop national human capital and attract highly-skilled expatriates, they will need to upgrade their education systems, an effort in which private schools can play an important role.
In the cold reality of today’s world, earning a traditional higher education degree no longer guarantees employment. As job markets dwindle with little sign of early recovery, popularity of entrepreneurial initiatives throughout the Middle East and North Africa is surging despite regulatory conditions which are perceived as unsavory at best in some cases.
As a rapidly developing region characterized by towers that touch the sky, and bustling trade centers that prove their host cities worth as global financial hubs, the GCC has become synonymous with construction, real estate and banking prowess.
The Middle East, like the rest of the global economy, has an important untapped resource: its women. All the evidence is that the more women are able to work, the more the economy expands, and the greater the benefits to their households and in particular their children.
A country once torn apart by war is emerging as a key investment destination for small and medium enterprises.
Emirates, one of the world’s fastest growing airlines, announced it is to launch services to Sialkot, its fifth route to Pakistan. The service will commence from 5th November 2013 with four weekly flights operated by an Airbus A330-200 aircraft in a two-class configuration – 54 seats in Business Class and 183 in Economy Class.
Ahmad Alzabin, chairman and CEO of Kuwait-based Aviation Lease and Finance Company KSCC (Alafco), has many reasons to smile. Despite the adverse operating conditions that hindered growth and threatened the survival of companies in the aviation industry, Alafco’s financial performance was not only strong, it was unprecedented.
Prominent international TV networks such as CNN and the BBC are carrying a campaign with alluring facts about Indonesia: a one trillion US dollar economy, national stability, friendly and smiling people, a large young work force
and so on.
Dubai’s fortunes have revived since the real estate crash and debt restructuring. In a generation, Dubai has graduated from village to global financial center.A demographic microcosm, Dubai has become a crucial outpost for China; with 2,000 Chinese companies registered in the city.
India has assured Bhutan’s new government of its assistance and support in addressing the country’s current economic situation.
With sanctions lifted, foreign investment is now pouring in from Western nations. Myanmar has survived successions of natural and man-made ravages.
ASEAN economies have been growing at an average of more than 5%. Research firm IHS projects that ASEAN’s GDP will top $4.7 trillion in 2020 provided that the top priority is infrastructure investment.
Familiarity with markets and social ease are the reasons Singapore’s small and medium-sized enterprises (SMEs) which have expanded overseas are concentrated in South-east Asia and China.
The decades-long era of “cheap rice” when technological advances drove down prices of Asia’s staple food may be over, but that could be good news for farm labourers, a British development think tank says.