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Revenge and despair pushing Syrians into jihadist ranks
Economic concerns and the desire for a sense of purpose and revenge are the major factors pushing young Syrians into the arms of jihadist groups, a study released on Wednesday found.
The report by peace...
Commodity slump forces Africa to rely on IMF
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an opportunity to push for reforms and inject transparency into opaque economies.
Top of the list...
How Saudi Arabia plans to shake up its economy
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia's economy could survive an era of cheap oil.
One company manager at...
British brands eye growing Muslim consumer market
From young start-ups to business giants, British entrepreneurs are eyeing a rapidly expanding global market for Muslim consumers with a range of brands from clothes to greetings cards to online gym courses.
In contrast to...
Between the lines: How Mohammed bin Salman is launching his economic revolution
Lost in the headline generating buzz around Mohammed bin Salman’s determination to plow $2 trillion into the Public Investment Fund (PIF) and turn it into the world’s largest sovereign wealth fund were some intriguing...
Workers suffer in Saudi as once-mighty Hariri firm falters
He's had no salary for six months, he cannot pay his children's school fees and his permit to reside in Saudi Arabia has expired.
But Robert still holds out hope that things might improve for...
A year into intervention, Saudi sees few gains in Yemen
A year after it launched air strikes in Yemen, a Saudi-led military coalition has failed to deal a decisive blow to Iran-backed rebels and is facing mounting criticism over civilian casualties.
With warring parties drained...
Oil revenues down, Algeria calls on energy investors
After a deep slide in oil prices, Algeria's Sonatrach is shifting strategy to offer foreign firms direct negotiations to buy stakes in 20 oil and gas fields in a bid to attract investors and...
Syrian war creates child refugees and child soldiers
Syria's five-year-old conflict has created 2.4 million child refugees, killed many and led to the recruitment of children as fighters, some as young as seven, U.N. children's fund UNICEF said on Monday.
Its report "No...
Seeing no end to power crisis, Gazans turn to the sun
Faced with power blackouts lasting anything from eight to 12 hours a day, residents and businesses in Gaza are increasingly turning to the sun to supply their energy needs.
Not only are solar panels more...
