by Michael Lerner Having a check bounce is a criminal offense in the U.A.E., which needs robust bankruptcy laws.
U.A.E. needs to end imprisonment for bankruptcy
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Posts Categorized: Middle East
Dubai to build itself into world’s 3D printing hub
by Michael Lerner Dubai aims to launch itself to the top of the global market by 2030 with the International Centre for 3D Printing.
Riyadh to take Saudi Aramco public in diversification bid
by Michael Lerner Less than 5% of the state oil giant will be sold, but still over $2 trillion could be invested elsewhere.
With unemployment rising, Riyadh to make jobs Saudi-only
by Michael Lerner Some 250,000 young Saudis enter the job market every year, and they can’t all work for the gov’t.
Dubai Wholesale City to be the world’s biggest
Dubai wants to get a big piece of the $4.3 trillion global wholesale market.
U.S.-Russia rivalry plays to Armenia’s benefit
Geopolitical jousting over Armenia could mean more FDI from both Washington and Moscow.
Russia, terrorism drag down Turkey’s economy
Exports and tourism declined last year, despite the government’s rosy economic predictions.
Post-deal Iran set to resume Caspian oil swaps
Anticipating sanctions being lifted soon, Iran will collect transit fees and save on internal oil distribution.
Can Saudi Arabia become a mining powerhouse?
Hurt by the drop in oil prices, the Kingdom is hoping to diversify and make mining a key pillar of its economy.
Kuwait, India team up to end nurse exploitation
Following private sector scandals, Kuwait will only be able to hire Indian nurses through three government agencies.
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