The US currency has faced rivals before. Its reserve currency status looks safe while rivals like China's renminbi and the euro are without key advantages underpinning its international appeal.

Bahrain's oil sector is relatively small for the Gulf. So, the kingdom has been an early adopter of economic diversification and has harnessed the advantage of a well-developed education sector.

Oil reserves in Sudan and South Sudan remain underutilised, largely due to war. Meanwhile, lack of stability has curbed potential foreign investment in East Africa's oil fields.

Circular 165 is, at first glance, a technical note on procedure from the embattled central bank. But its proposals to attract dollars will have immediate and far-reaching consequences.

On the 42nd anniversary of GCC's creation, the comprehensive unity and economic integration of the Gulf states is still underway and subject to the removal of bureaucratic and legal obstacles

With a fully locally made car gearing up for its market debut, a clear industrial policy is paying dividends in what is one of Africa's most industrially developed nations. Here's how they did it.

Saudi Arabia's first-quarter budget figures reflect a steadily diversifying the economy, reducing reliance on oil as the country's main source of income, and boosting opportunities the private sector

As the self-imposed borrowing limit saga looms again, Washington is poised for political brinkmanship with global reach. The question is simple: how long can it borrow, run up debt and print dollars?

Downgrade was prompted by declining foreign exchange inflows, continued restrictions to the Egyptian pound's exchange rate, as well as external pressures to the economy

A peaceful phase would also facilitate the proper utilisation of Yemen's underdeveloped oil and gas resources, which constitute the largest proportion of the country's undeveloped GDP