We can read about the complexities of Yemen and it sounds such a scary place. It isn't. I spent three weeks there in 1998, and some of our travelling companions were kidnapped and killed in the process of being freed. That rarely happened in Yemen as those who were kidnapped were usually released after the kidnapping ransom- usually in the form of ...
New Zealand PM bows out
Here's an article from The Economist which, while talking about John Key's resignation, states that NZ is "one of the most successful countries in the world. While this is debatable, there is no doubt that Key has had successes- namely international recognition- along with failures, housing, immigration and the environment. We have yet to see whether the new Prime Minister, John English, will have the same success.
Airshows are an important indication of how the aviation sector is faring. The number of orders that Airbus and Boeing receive are important to commentators and journalists alike who write thousands of words on which airline is buying what. I've been at the Dubai Airshow many times and when I was attending in about the late 2000's to 2014 the airli...
Saudi Arabia is hitting the headlines because of Saudi Aramco's planned initial public offering. The IPO values the company at USD1.7 trillion, but the country's de facto ruler, Mohammed Bin Salman, had wanted a valuation of USD2 trillion, however. Saudi Aramco made net income of USD 111 billion for 2018. With the IPO valuation it is the world's mo...
Two politicians shake hands with Egyptian and Sudanese flags in the background The Middle East will always be subject to changes in geography (that's the nature of the region) and foreign intervention – usually on a country basis- has often led to these changes. What will happen over the next few years? It may be that the region changes geographica...
Thirty-nine people were killed, all of whom were Vietnamese, in a refrigerated container discovered in Grays, Essex, South East England. It's a sad story. The victims, some of whom were teenagers, suffocated to death. They were from provinces in Northern and Central Vietnam- Ha Tinh and Nghe Provinces to be exact. I have been living in a neighbouri...
The resignation of Lebanon's Prime Minister Saad Hariri has caused new turmoil for the country. The new government will have to form a coalition. Is that possible? The protestors have been on the streets for 13 days and have demanded an overhaul of the ruling class and an end to corruption. At the same time, Lebanon is battling with a hugely indebt...
While many things are driving events in the Middle East, chief among them is the alleged death of Abu Bakr Al-Baghdadi, the IS leader, by the US. He reportedly killed himself after running into a dead-end tunnel during a military raid in north west Syria. He detonated an explosive vest, killing himself and three of his children. What happens next? ...
For years, Lebanon has been a hotbed of dissenting views and religions. With about 20 religions this is not surprising. Indeed, since 1943 the government is organized along religious lines, giving everyone a say. The President must be a Maronite Christian and the Speaker of Parliament must be a Shi'a Muslim. The Prime Minister must be a Sunni Musli...
The expectation of high oil prices has been allowing Gulf Arab states- particularly in Saudi Arabia, the UAE, and Kuwait- to undertake large infrastructure projects and for locals to live comfortably, often with subsidized utility bills and the granting of land by the rulers for local males. For this to continue, crude oil prices have to remain ove...
What constitutes "old" is an issue that plagues all societies, including the Middle East. I'm reading an article in one of New Zealand's online papers that says older women are over 30. This article asks some key questions about the issue. I wrote this article for Behavioural Shift (www.BehaviouralShift.com). How old is "old"? Is it when som...
Key items of interest include: The NZ Superfund has delivered its annual report and the results are good. Here is a summary: - On pages 40 – 41, we delve into the factors driving the recent shifts in the economic and investment environment: "It has been a fascinating 12 months for investment markets with two dominant drivers through 2018: central b...
While the British might be reeling from the fall in sterling and the fact that overseas holidays are more expensive, some foreigners like the Emiratis are viewing the Brexit chaos as an opportunity to buy into the property market in Central London. The current Brexit fiasco has resulted in a 25% discount on some property. This is how Arabian Busine...
I was curious to read this in Dubai-based "Arabian Business" , a weekly magazine, although not surprised. Smoking shisha is a common past time in all the Gulf Arab countries. Often shisha is smoked instead of drinking alcohol. Therefore, to tax shisha at 100%, on top of the 5% sales tax already introduced, is hefty and it has not gone well in Saudi...
The on-going tensions between Iran, the UAE, Saudi Arabia and the West (the US in particular) are likely to come to a head soon. Trying to negotiate a truce between the parties is France and Emmanuel Macron in particular. This article explains what is happening. 'The only game in town': Progress seen in French initiative for US-Iran talks Laura Roz...
When it comes to education, people are taking matters into their own hands. Technology and a changing global economy are facilitating this. As a consequence, the 40-year career is gone, replaced by life-long learning and diverse career paths. Learners are molding education into what they need for today's work world, which means 'bite-sized' learnin...
Perception is so often different from reality. And nowhere more so than Dubai. The perception is that Dubai is the best place in the world; the reality is that it is not. Everyone thinks that life can't get any better but when you leave to some parts of the world things life does get better. Perception and reality-as it relates to the mature person...
The war is Yemen is not only complex but also disastrous. Some of the parties involved in it, in particular the UAE, are changing their position. The UAE is now attacking Yemen's national army, a presence it was meant to support. Yemen is complicated even without a war but when there is a war and one of the parties is inconsistent in its position t...
The animosity between Palestine and Israel has been made worse by the recent declaration by the US that there is not a two-state solution in its peace plan. Saudi Arabia is sticking with its ally, the US- for now at least. That means it's now arresting Hamas-aligned people in the country, such as Mohammed Al-Khodari, who has been residing in Saudi ...
Amidst all that is happening in the Middle East, one of the countries that is often forgotten is Lebanon- yet it is affected by all that is happening around it. For example, the Syrian war has meant millions of refugees flooding into Lebanon. Volatility too is impacting Lebanon's currency. Here Sam Brennan, from Al Monitor, explains. BEIRUT — Leban...
A great deal continues to happen in the Middle East- from the attacks on Saudi oil production facilities, and on-going tensions with Iran to the Israeli election, where Benjamin Netanyahu appears to have lost but may yet be able to form a coalition, which he failed to do in April. It's a wait and see situation. But instead of looking at any of thes...