Via Reuters, an article on Pakistan: Pakistani stocks are soaring, improved security is fuelling economic growth and the South Asian nation will be upgraded to “emerging market” status by index provider MSCI. But for Ali Saigol, co-founder of a private equity firm, convincing foreign investors to overlook the country’s violent past and bet on its […]
Read more »Courtesy of the Financial Times, an interesting look at Heineken’s return to Myanmar: Sobir Djaffar looks happy as he surveys the racks of locally produced bottles of Heineken on a Myanmar supermarket shelf. The Dutch brewer has been waiting 20 years to return to the country. But he is less thrilled that the beer — along with […]
Read more »Via Foreign Policy, an interesting look at Jordan’s economic interrelationship with Iraq: When the Iraqi army pushed the Islamic State out of the isolated desert town of Rutba last month, the fight received little attention. Yet the dusty settlement, wedged into a corner of Iraq close to the Jordanian and Syrian borders, is a prize […]
Read more »Via Frontera News, a look at the role of Egypt in China’s Silk Road strategy: Egypt’s transfer of two uninhabited Red Sea islands to Saudi sovereignty sparked street protests and a social media backlash: #Egyptissold. Yet Tiran and Sanafir are pinpricks next to the much bigger land grab by Beijing onshore. Granted, the twin islands […]
Read more »Courtesy of Frontera News, a look at the hidden hazards in Iran’s evolving market: Entering Iran’s holy Shah Cheragh shrine dazzles the senses. Mirror mosaics intensify the brightness, and it’s only when you step into the center of the “King of Light” mosque that you understand how each tiny piece plays its part in the […]
Read more »Via Bloomberg, a report on growing investor interest in Somalia: Kenyan banks are competing against lenders from Gulf nations seeking licenses to operate in Somalia as the strife-torn country opens up the industry to international companies for the first time in almost half a century. Somalia’s central bank has held talks with KCB Group Ltd., […]
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