Event Details

Unspecified (post-Dubai miracle)

Description

Arab countries ventured into real estate transactions, including expropriation and sale of land, and renovation of traditional palaces.

Source Documents (1)

HOUSE_OVERSIGHT_025617.tif

Report/Analysis document • 67.5 KB
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This document outlines economic developments in Arab countries starting in the 1990s, focusing on the rise of mobile networks, privatizations, and the emergence of Arab multinationals. It details how powerful families and governments controlled investments and revenue, citing examples like the Trabelsi, Materi, Ezz, Sawires, Makhlouf, and Hariri families as local partners, and mentions key figures like Najib Mikati and companies like Orascom and MTN. The text also touches on the impact of the 1986 oil price crash and the influence of the International Monetary Fund and European Commission on these economies, as well as real estate ventures inspired by the 'Dubai miracle'.

Event Metadata

Type
Unknown
Location
Arab countries
Significance Score
5/10
Participants
0
Source Documents
1
Extracted
2025-12-26 15:12

Additional Data

Source
HOUSE_OVERSIGHT_025617.tif
Date String
Unspecified (post-Dubai miracle)

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