Founder and President of Nasser Saidi & Associates and Former Chief Economist and Head of External Relations at the DIFC Authority and Executive Director of Hawkamah, The Institute for Corporate Governance and Mudara Institute of Directors Dr. Nasser H. Saidi is the former Chief Economist and... Read More
Established in 2012, we provide economic advisory and business consultancy services to a diverse range of stakeholders in the Middle East and North Africa region ranging from the public sector and private sector, government related enterprises, banks and financial institutions as well as Central Banks... Read More
As countries in the GCC slowly ease restrictions, this week’s Insight section charts how countries are coping with Covid19, its impact and stimulus packages. Markets Global stock markets had a... Read More
Dr. Nasser Saidi was interviewed on Lebanon’s electricity sector & reforms. For many years, the electricity crisis in Lebanon has been at the forefront as one of the most difficult crises that burdened Lebanese citizens and drained billions of dollars from the country’s economy, in light of the almost complete absence of reforms and solutions. Dr. Nasser Saidi shares his thoughts below. The Sky News Arabia TV interview can be viewed directly at this original link.
Dr. Nasser Saidi’s comments on Lebanon’s request for IMF Assistance appeared as part of various newspaper articles. A collection of comments and original links are provided below. 1. The Reuters article titled “Lebanon’s IMF rescue plan fails to set reform roadmap” was published on 18th May 2020. This was later reprinted as a Brinkwire article was published on 30th May 2020. The political elite will shy away from real reform as with four previous aid and soft-loan packages since Lebanon’s civil war – and that they are underestimating how hard the IMF will push for deep changes before agreeing to help. “They are trying to present a plan that the... Read More
Dr. Nasser Saidi’s comments on Saudi Arabia’s austerity drive & tripling of VAT were part of the Reuters article titled “Promise of future prosperity fades as austerity hits Saudis’ pockets”, which was published on 12th May 2020. Comments are posted below. Dubai-based economist Nasser Saidi said any additional revenues from the VAT hike would be negligible and the move will likely sharpen the recession. “It would add an unnecessary shock to the system at a time when businesses are struggling to stay afloat, households are experiencing lower incomes and expatriates without jobs are returning home,” he said.
Dr. Nasser Saidi was interviewed on the restructuring of Lebanese banks under the government’s reform plan. The CNBC Arabia TV interview can be viewed via this tweet or directly at https://www.pscp.tv/w/1vAxRBrjOzPxl?t=34
Dr. Nasser Saidi’s comments on Lebanon’s economic rescue plan and request for IMF assistance were part of the Reuters article titled “Lebanon banks reject rescue plan as government asks IMF for help“, which was published on 1st May 2020. Comments are posted below. “This means the onset of serious negotiations with the IMF so this is very important and good news because it removes a lot of uncertainty. Having said that, the issue in Lebanon has always been one of execution,” former economy minister Nasser Saidi said of the 53-page plan.