Economy

The Economic Collapse of Islamic State

The richest and most well-funded terrorist organization faces the specter of bankruptcy. Islamic State’s treasuries no longer have the resources to hold out in its…

Halal tourism: Good business or religious duty?

Have you heard of “Halal tourism” before? Does it mean that is there is halal tourism there also “Haram (forbidden) tourism”? With the spread of…

Arab airlines are breaking world records!

Since the time of Abbas Ibn Firnas, the first man who attempted to fly, the Arabs have been setting standards for the flying industry. Here…

The Business of Terror: Can Economics End Terrorism?

This article is an invitation to analyze terrorism through the lens of economics. Can this discipline help us understand terrorism and its connection to politics,…

Who Has the Biggest Debt? Ranking the Arab States

The issue of public debt occasionally occupies front pages, headlines, and debates in cafes around the 22 Arab countries. But the topic always slips back…

Salaries of State Officials and Income Inequality

Most Arab state officials often earn very high salaries and receive generous benefits in order to immunize them against bribery, and preserve their integrity. Or so they say.