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Solar Industry in the MENA Region: Sunny Prospects

A trend towards generating electricity from solar power is on the horizon for the countries of the MENA region (Middle East and North Africa); The regional market for photovoltaics (PV) and solar thermal power plants is expected to reach 3.5

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IMF Mission to Egypt: Improvement in Targeting of Energy Subsidies

A staff mission from the International Monetary Fund visited Cairo during April 2-15. At the conclusion, Andreas Bauer, Mission Chief for Egypt, issued the following statement: “The mission made progress in the discussions with the Egyptian authorities on their economic

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Big Crowds Witnessed at Cityscape Egypt

CAIRO – Cityscape Egypt has once again delivered a strong turnout of serious home buyers and investors packing the exhibition halls over the past three days.  Mr. Ashraf El Gharib, Marketing and Sales Director of Rooya Group speaking on the

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Arab Countries In Transition: Where are they Heading?

By Masood Ahmed Director of the IMF’s Middle East and Central Asia Department “You can tell whether a man is clever by his answers. You can tell whether a man is wise by his questions.­” — Egyptian Nobel Prize–winning author

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European Commission: Helping SMEs Seize Global Opportunities

The priority for Europe now is to overcome the crisis boosting competitiveness and growth. Fast growing emerging markets such as China, India, Russia and Brazil, with strong growth rates and potential represent significant opportunities for EU companies. Exports outside the

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Balancing Act in Tunisia

In 2011, popular protests in Tunisia rid the country of Zine al-Abidine Ben Ali and towards year end Moucef Marzouki was installed as president of his country. These events provided clear inspiration for the Arab Spring. Mr Marzouki had been

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IMF | Gulf Cooperation Council: Economic Prospects and Policy Challenges for the GCC Countries

Executive Summary The already sluggish global recovery has suffered new setbacks and uncertainty weighs heavily on prospects. The euro area crisis intensified in the first half of 2012 and growth has slowed across the globe, reflecting financial market tensions, extensive

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Dr. Nawal El Saadawi – An Honourable Life

Like so many of our other heroes, Dr Saadawi has seen the inside of a prison cell because of her views. She was incarcerated in 1981 after helping to publish the feminist magazine Confrontation. The opinions expressed conflicted with those

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Confidence in Dubai Returns as Region’s Largest Real Estate Event Reports Strong Growth

Dubai, UAE, 19 June 2012: Cityscape Global, the Middle East’s largest and most influential international real estate event is expected to grow by 25 per cent this year, as international developers from the world’s emerging markets look to the region

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MIGA (World Bank): During the Storm – Shift from North to South FDI

By Manabu Nose and Moritz Zander[1] At MIGA (the Multilateral Investment Guarantee Agency) we see the principal near-term risks for emerging market foreign direct investment (FDI) on the supply-side of financing. Despite a rise of emerging market risk perceptions, demand

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