In any developing country, you’ll hear politicians and government officials talk about foreign investment as a solution, a priority and a need. In other words, it is essential for economic growth…

Olfa Hamdi |

A former hotel owner in one of the region’s major cities, who wants to remain anonymous, tells a story that should have had a happy ending. Her 40-room hotel was doing well. It had built a…

Marc Schiffbauer |

​Tunisian sugar beet and Sudanese sesame seeds are the main ingredients of the halwa made by Tunisia’s Grand Fabrique de Confiserie Orientale (GFCO) company. Great globs of sesame seeds, mixed…

Antonio Nucifora, Bob Rijkers |

Small and medium-size enterprises (SMEs) are becoming more of a priority for policymakers in the Middle East and North Africa (MENA). Seen as the driving force of many MENA economies, they help…

Rachel Lipson |

Source: FlickR Creative Commons Small and Medium Enterprises (SMEs) in the Gulf Cooperation Council (GCC) countries differ from SMEs elsewhere in that they employ mostly expatriate workers and…

Farrukh Iqbal |

Following Russia’s annexation of Crimea after the popular voting in early March, the European Union and recently the U.S. and Canada have imposed their first round of sanctions—an asset freeze and…

Lili Mottaghi |

It’s no secret that the Middle East and North Africa (MENA) region has the highest youth unemployment rate in the entire world: nearly 30% according to the International Labour Organization. Over…

Kara Schoeffling |

Crony capitalism is the key development challenge facing Tunisia today Last week’s Economist magazine focused on Crony Capitalism.  From the powerful oil barons in the USA in the 1920s to today’s…

Bob Rijkers, Caroline Freund, Antonio Nucifora |

Photo: "January 25th is the best and most honorable day in the history of Egypt" In the World Bank office in Cairo, there is a beautiful poster that proclaims January 25th as the best…

Wael Zakout |