by Ehsan Bayat | Sep 12, 2018 | Bahrain, Business, Commerce, Construction, Economy, Entertainment, Infrastructure, Middle East, Technology, Telecommunication, Transportation
Bahrain has high aspirations in regard to its tourism sector and is spending billions of dollars in tourism infrastructure to meet its goals. By 2020, the Middle East country anticipates the sector contributing more than $1 billion to its GDP. By that time, it will...
by Ehsan Bayat | Sep 5, 2018 | Architecture, Business, Commerce, Communication, Construction, Economy, Environment, Infrastructure, Kuwait, Middle East, Technology, Transportation
Home to more than 6 percent of the world’s crude oil reserves, Kuwait has built a relatively strong economy based upon oil production and distribution, with petroleum accounting for more than 90 percent of the nation’s export revenues. However, realizing the need to...
by Ehsan Bayat | Aug 29, 2018 | Africa, Architecture, Business, Construction, Dubai, Economy, Egypt, Energy, Environment, Infrastructure, Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Middle East, Oman, Qatar, Saudi Arabia, Technology, Transportation, Turkey
Worldwide temperatures in summer 2018 have highlighted the impact of climate change and stressed the urgency for global leaders and organizations to expedite and improve their carbon-reduction solutions. Sweden, for instance, is in the middle of its hottest-recorded...
by Ehsan Bayat | Aug 22, 2018 | Business, Commerce, Data, Economy, Learning, Telecommunication
On June 20, 2018, MSCI, a leading global equity indices provider, upgraded Saudi Arabia to emerging market status. The investment bank UBS says this decision could attract up to $45 billion in capital to Saudi Arabia. Of this inflow, passive investors would contribute...
by Ehsan Bayat | Aug 15, 2018 | Business, Commerce, Data, Economy, Education, Middle East, Oman, Technology, Telecommunication
The city of Duqm may offer a sneak peek into the future of economic opportunities in Oman. At one time a somewhat sleepy fishing town, Duqm aims to become the preeminent economic zone of not only Oman, but the entire Arabian Peninsula. Per Santander Financial, the...
by Ehsan Bayat | Aug 1, 2018 | Commerce, Construction, Economy, Environment, Infrastructure, Middle East, Technology, Transportation
More than 206 million passengers flew to and from the Middle East in 2016, which represented a 9 percent increase from the year prior. This number is expected to rise significantly over the course of the next two decades, according to the International Air Transport...