Saudi Arabia is facing a growing unemployment necessitating some radical rethinking of its current 'localisation' policies, and has introduced the Nitaqat or quota system which classifies local companies in different colour code zones according to the percentage compliance in terms of Saudi...

The 21st century will witness fundamental economic transformation amongst nations. By 2050, three of the largest five economies will be Asian – China, USA, India and Japan. How they interact will be crucial for the world's economic and political stability. Asian societies are succeeding today...