Syria would be divided into informal zones of regional power influence and Bashar al-Assad would remain president for at least a few years according to an outline deal between Russia, Turkey and Iran reached earlier this month. Reuters reported today…
2016: the year history ended again and the world became multipolar once more
The Soviet Union was dissolved on 26 December 1991 The red flag over the Kremlin was replaced with the pre-1917 Tsarist one. It was the end of the Soviet challenge which shaped most of the 20th century. A year…
Arab leaders hope Trump will make their new year wishes come true
Reviled by Western liberals and dismissed by foreign policy specialists, Donald Trump is being viewed with favour by leaders of the Arab world’s most powerful nations. In an interview with the The Financial Times published today, Egypt’s President El-Sisi welcomed Trump’s…
GCC construction projects market down one-third in 2016
The GCC projects market is expected to record at best $120 billion worth of contract awards in 2016, down at least a third on 2015 levels and well below what was initially forecast, as low oil prices severely impact government…
NBK says Bahrain to recover in 2017
The Bahraini economy will recover in 2017 on higher oil prices and non-oil output, National Bank of Kuwait (NBK) says in a report released today,. “Real GDP growth is poised to hold in 2016 on signs of resilience in the non-oil…
Iran hotel investment conference planned for February
The inaugural Iran Hotel & Tourism Investment Conference (IHTIC) organised by Bench Events is to be held in Tehran on 7-8 February 2017 to identify opportunities for investors, developers and service providers in one of the world’s most exciting hospitality…