Macroeconomic

Dubai real estate: trouble in paradise

Dubai real estate: trouble in paradise

The real estate projects in Dubai get ever bigger and more extravagant. But an investigation into corruption and concerns over liquidity are threatening the market’s image. Will Rankin and Julian Evans report.

The cost of war

The cost of war

In August, the first war for a decade took place in Europe, as Russia invaded Georgian territory. Since then, Russia has faced its worst financial crisis since the 1998 debt default. emeafinance editor Julian Evans looks at the economic costs for Russia of its military adventure in Georgia.

Mohammad El-Erian: Save the IMF, Save the World Economy

Mohammad El-Erian: Save the IMF, Save the World Economy

Mohammad El-Erian is co-CEO of Pimco, the largest bond investor in the world. A former deputy director of the IMF, and world expert on emerging markets, El-Erian here writes exclusively for emeafinance on why a reformed IMF has a critical role to play in saving the global economy from its present crisis.

Riding the MENA wave

Riding the MENA wave

Egypt’s reformist government is grappling with the dilemma of fighting inflation while cutting a growing deficit. However, in the capital markets, Egyptian companies are expanding and becoming MENA regional champions. Julian Evans reports from Cairo.

Turkey's strengthened banks unfazed by rising risks

Turkey's strengthened banks unfazed by rising risks

Boosted by a wave of reforms and foreign investment, Turkish banks are confident that they can weather the current climate of slowing growth and rising interest rates and resume their rapid growth. Of course, there will be winners and losers. And privatisation is still to come, writes Bernard Kennedy in Ankara.

EMEA investors' roundtable

EMEA investors' roundtable

The credit crunch, fuelled by illiquid markets and general fear across the finance industry, has had its impact on the EMEA region. But pessimism does not blanket the entire market as emeafinance discovered when it questioned some of EMEA’s leading buy side investors. On the contrary, the slowdown has provided time to evaluate deals and countries. Some governments are addressing fiscal imbalances and where necessary, high inflation.

Dmitri Medvedev's to-do list

Dmitri Medvedev's to-do list

Dmitri Medvedev once told emeafinance's editor he didn't see anything particularly urgent to do if he became president of Russia. Now he is president, we ask what are the top ten issues that urgently require his attention.