UAE: Emiratis shun local wealth managers amid signs of capital flight

Western private banks and wealth managers appear to be feeling increasingly bullish about their prospects in the UAE, amid suggestions that local high net worth individuals (HNWIs) are increasingly wary of placing their capital with local entities – reflecting broader geopolitical concerns in the Gulf Cooperation Council and an indication of “capital flight” from the local economy.In recent months, a series of US, European and Asian firms have increased their presence in the UAE or announced plans to do so. 8th March, Issue 1076. Read more

Bahrain's Economic Performance

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Gulf boundaries and hydrocarbons infrastructure

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The Gulf region: economy and society

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Iraqi Kurdistan hydrocarbons infrastructure map

Revised in January 2015, this map provides a detailed overview of hydrocarbons infrastructure in the Kurdistan area of Iraq.

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Region: Azerbaijan cultivates range of relations

Azerbaijan’s capital Baku played host to another group of visiting Gulf officials on 18 March as a Saudi delegation led by...

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Progress in Hodeidah but warnings of trouble elsewhere in Yemen

In United Nations-backed talks in Hodeidah in mid-February, a detailed programme of action was agreed to implement a Houthi withdrawal from the port city – the first of the three areas of agreement at the Stockholm peace conference in December. The plan should allow a resumption of humanitarian operations at the port under UN supervision – a critical step if the famine sweeping Yemen is to be tackled – but progress remains painfully slow and Hodeidah remains just one part of a complex arena.

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Khashoggi’s ghost still haunts Saudi policy in Yemen and MBS at home

Try as it might, Saudi Arabia can’t put the murder of Jamal Khashoggi behind it. Four months after the brutal killing in...

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