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Arabian Post Staff In the face of the COVID-19 pandemic, a new Gulf consumer is emerging, one with shifting financial sentiments and spending habits, says a McKinsey report. According to its latest Middle East Consumer Sentiment Survey, UAE and Saudi Arabia shoppers are becoming more price sensitive. Twenty-seven percent of UAE respondents earning less than 7,000 dirhams ($1,905) a year reported a preference for trading down in […]

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By James M Dorsey Protest on the soccer pitch has proven to be a mixed blessing for World Cup host Qatar, exposing double standards in the Gulf state’s position as well as that of its critics. Qatar embraced protest when it supported Qatari policies, such as the Gulf state’s increasingly assertive denunciation of double standards […]

The post Protests Emerge As Mixed Blessing For World Cup Host Qatar first appeared on IPA Newspack.

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By James M Dorsey Barely out of the starting blocks, the Qatar World Cup has already produced a fair share of upsets as well as politically and personally sensitive situations and incidents. Qatar’s 2:0 loss to Ecuador in the tournament’s opening match will have reinforced critics’ conviction that the Gulf state should never have been […]

The post Qatar World Cup Produces Soccer Upsets, Politics And Sensitive Situations first appeared on IPA Newspack.

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By P. Sreekumaran India and the United Arab Emirates (UAE) are all set to deepen their already warm relationship. The development is bound to have a beneficial bearing on India’s relations with the other countries of West Asia. Topping the list is a food security cooperation under the I2U2, a new West Asian quadrilateral initiative, […]

The post India-UAE Economic Relations Set To Reach New High With Food Security Pact first appeared on IPA Newspack.

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By Nantoo Banerjee The government may disagree, India’s economic performance in the last eight years has proved to be rather lacklustre. It has been facing a real challenge from the ever expanding black economy, substantially eating up the revenue income of both the national and state governments. Unaccounted money with the rich is hurting the […]

The post India’s Uncontrolled Black Economy Is Choking Real Economy first appeared on IPA Newspack.

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