Marketplace®

Daily business news and economic stories
  • Think one economy is hard enough to regulate? Try Two. In the U.A.E., so-called "free zones" allow foreigners to set up businesses for nominal fe…

  • For citizens of the UAE, most of life — economics, social status — is taken of. But there are hidden costs.

  • The World Bank may not have anticipated the Arab Spring uprisings, but they claim to have a plan for the future. They've announced billions of do…

  • As a kid during the Apollo project, I very much wanted to walk on the moon, or even better, another planet some day. I seem to have just missed N…

  • For Emiratis, getting a cushy government job is the easy and preferred choice. In fact, the government provides amble benefits with little work. …

  • Creating a better economic future for Egypt means dealing with the lack of housing in Cairo.

  • The United Arab Emirates — home to oil wells and air conditioners — decided to build the world's most sustainable city. Then the financial crisis hit.

  • In Egypt's capital, good affordable housing isn't just a concern — It's a demand. While Cairo's swelling population clings to the Nile, some Egy…

  • Masdar City sounds like a utopia. Located in the deserts outside Abu Dhabi, the capital of the U.A.E., it was envisioned as the world's first car…

  • Think affordable housing is just a matter of number crunching and government regulation? How about sex? OK, so maybe not just "sex," but in Egy…