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  • Saturday, September 29, 2007

    The Mckinsey Guide to the Gulf

    If you don't read the Mckinsey Quarterly, then why not? It is one of the most researched forward thinking papers around. I also have a thought that most of what is written in MQ will form some sort of business history in years to come, where historians will review the actions of the companies and leaders of today.

    The articles are insightful and interesting. Here are the top lines from a recent paper on the gulf:

    * The states of the Gulf Cooperation Council—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE)—are flush with petrodollars.

    * Economic dynamism is obvious throughout the region, but the GCC's political and business leaders must take advantage of the opportunity to build a vibrant private sector focused on creating value rather than on merely extracting it from oil and gas reserves.

    * The clock is ticking: in some counties, such as Saudi Arabia, population growth is outpacing oil production, making it difficult to maintain standards of living. Rising unemployment, particularly among young job seekers, also poses a growing threat to the region's stability.

    While all the articles are not free. There are a large number that are. Check out the Gulf looks outward section.

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    Wednesday, September 12, 2007

    Ramadan Mubarak / Ramadan Kareem

    It may be a time known for fasting, cheaply priced hotel rooms, and shisha by the stars, but Ramadan is really all about the more important things in life and how this life is a small part of a much bigger thing. Be generous to your neighbour, and be selfless. Have a great Ramadan. Peace be with you all.

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