Risk Watch
Political corruption, misuse of public resources, sluggish and incompetent administration, an ineffective judicial system are the most important risk factors that could delay Bulgaria’s recovery....
The announcement by the GCC to include Yemen in the proposed railway system is a major long-term step that will help in facilitating the development of Yemen’s rapidly deteriorating economy....
Kuwait’s parliament started its new term with serious areas of conflict resurfacing between the parliament and the government. A further point of contention are plans to redraw the electoral map....
There is increasing pressure for the interior minister to resign due to allegations that he misled parliament as well the issues of calls to bail-out Kuwaiti citizens affected by the economic crisis....
Clashes were reported between Saudi security forces and Yemeni Shiite rebels as Saudi’s tried to construct a border fence. This threatens to spill into increasing tensions with Saudi Shiites....
The arrest of the CEO of a major Dubai government-owned developer in a major fraud case will result in shaking the confidence in the governance situation at Dubai’s major developers....
Results from leading Dubai developer shows some positive results in the short-term. However, there are no clear long-term plans putting the survivability of Emaar and similar developers into question....
Dubai has issued US $6.5 bn of bonds. This demonstrates that Abu Dhabi is still not helping bail Dubai out and that Dubai is now looking at external markets to refinance its mounting debts....
The Popular Action Bloc decided to delay their threat to grill the prime-minister to a later, unspecified date....
Over 700 expatriate workers held a sit-in outside the Ministries' Complex in downtown Kuwait in protest against their 'inhumane' living conditions and delayed salary payment for three months....
Saudi King Abdullah has ousted a traditionalist cleric who criticized the newly opened King Abdullah University of Science and Technology....
The United Arab Emirates has adopted a civilian nuclear energy law that paves the way for contracts worth US $41 billion for the construction of power plants....
Bahrain announced plans to expand it’s airport to keep with growing competition from airports. This will aid the country’s efforts to diversify its economy in the face of dwindling oil revenue....
Bahrain’s high court acquitted 19 Shiites accused of killing a policeman, in a case closely watched by the Shiite majority. The court ruling is expected to improve relations with the ruling Sunnis....
GCC states announced plans for a new US $2 billion agricultural fund in coming months to secure food supplies by buying stakes in existing agricultural firms....
The Monument of the "Unknown Turkish Soldier" in the village of Slavyanovo was demolished. The authorities announced that the monument was illegally raised and it is only a provocation....
The government approved the 2010 draft budget with a deficit of CZK 163 bln, around 5.2% of GDP. The original deficit was expected to be higher until MPs approved austerity measures in Parliament....
MPs resigned after a recent bribery scandal in which politicians from various parties were offered money for political favours....
The Macedonian Academy of Science and Arts (MANU) launched the first national "Macedonian Encyclopaedia", funded by the government. However, its content caused conflicts with Albania....
Poland's economy continues to grow, in contrast to other CEE countries....