This study investigates the performance of Bitcoin as a diversifier under different constraining portfolio optimization frameworks. The study employs different constraining optimization frameworks that seek to maximize risk-adjusted returns (Sharpe ratio) of the portfolio by optimizing...

The fundamental objective of portfolio diversification is to construct a portfolio of uncorrelated or mildly correlated assets so as to maximize the risk-adjusted returns on a portfolio. Portfolio Optimization is one of the techniques used by investment professionals to explore the potential of...

We investigate the relationship between IFRS adoption and firms' cash holdings in ten Arab countries in the MENA. We first show that IFRS adoption reduces the cash holdings of the firms. The effect of IFRS adoption is robust for high-income countries in the Gulf region. This result implies that...

Conflicts, development and progress: an introduction -- Insecurity from entitlement failures in the Middle East and North Africa -- Interest group politics and defence spending -- Dynamics of terrorism in a fragmented word: the Middle East and North Africa conundrum -- Conflict management...