Sahar Ali spent a decade in the United States before returning to Sudan to lead the business administration department at Sudan International University, a private school in Khartoum. She sat down with Arabic Knowledge@Wharton to provide a rare snapshot of the country's economic prospects, the nature of business training in Sudan and how women are at the forefront of carrying the private sector forward.
Published: May 28, 2013 Investing in Gold: Does It Stack Up?
Gold has a timeless allure -- especially if you worry about stock market volatility, inflation, a decay of ordinary currency or the collapse of civilization. Yet not everyone agrees that gold offers the safe haven its promoters describe. How reliable can demand be for a commodity that very few people actually need? What is the proper role for gold in an investment portfolio? Why has its price been falling?
Published: May 28, 2013 Gulf Countries Navigate Billions into Mega Port Projects
For years, Dubai's Jebel Ali Port and industrial zone operated as the shipping hub for the Gulf region. But now, neighboring Arab cities are investing huge sums of money to develop competing mega shipping ports, as the Gulf region views logistics as a means of diversifying traditional oil economies. There is concern however about infrastructure overlap and oversupply as global shipping traffic and trade show signs of slower growth.
Published: April 16, 2013 Amidst High Praise for Gulf Oil Economies, Caution that Serious Challenges Lie Ahead
Flush with revenues, engaged in aggressive social spending and enjoying relative calm, some of the Arab World's oil-producing countries are in a phase of super-abundance, according to regional economic and financial observers. Gathered at a recent Abu Dhabi conference co-sponsored by the Higher Colleges of Technology, they noted that the Gulf's wealth of opportunities are, however, tempered by certain concerns, including potential budget deficits and questions regarding the economic and political impact of a United States that is not dependent on Middle Eastern oil.
Published: April 02, 2013 Global Currency Battles: A Waiting Disaster or a Win for All?
To many, Japan's recent moves to devalue the yen looked like the spark that could ignite a global currency war -- a series of competitive devaluations that, last century, helped plunge the world into the Great Depression. Until now, central bankers have been resisting the urge to politicize exchange rates. However, while currency skirmishes can be dangerous and require monitoring, they are also necessary for establishing equilibrium in markets and will help in the global economic recovery, some experts say.
Published: March 19, 2013