Skip to main content
/world business
  Edition: U.S. | Arabic | Set Pref

This week on MME

  • Story Highlights
  • The Gulf's labor shortage has been filled by foreign workers for decades
  • Now expatriates are feeling the pinch of spiralling inflation. MME investigates
  • Plus, Egypytian jewelry designer Azza Fahmy's business acumen
  • MME looks at how her success in the West has improved sales in the Middle East
  • Next Article in World Business »
Decrease font Decrease font
Enlarge font Enlarge font

(CNN) -- In Focus -- Labor and Inflation

art.fahmy.mme.jpg

Egyptian jewelry designer Azza Fahmy with fashion designer Julien Macdonald

There are around 35 million people living in the GCC and 37 percent of them are foreign workers. Importing workers has been a solution to the GCC's labor shortage for decades and was mutually beneficial for foreigners and the host country.

But as the GCC currencies remain pegged to the plunging dollar, and inflation in the region continues to spiral, it is the expatriate workers who are feeling the biggest pinch. Marketplace Middle East investigates how the devastating impact of inflation on the many foreign workers in the region.

Bright Lights -- Azza Fahmy

This week, MME follows the rise of one of the region's bright lights, Egyptian jewelry designer Azza Fahmy. With the hope of gaining international recognition, Fahmy took her traditional designs and collaborated with renowned British designer, Julien Macdonald. With the team finishing their second collection at London Fashion Week this year, MME takes a look at how one Egyptian jewelry designer found it necessary to sell well in the West, in order to be successful in the Middle East.

Your comments

Watch the show this week at the times (GMT) below:

Friday: 08:15, 19:45
Saturday: 05:45
Sunday: 07:15

  • E-mail
  • Save
  • Print
Home  |  Asia  |  Europe  |  U.S.  |  World  |  World Business  |  Technology  |  Entertainment  |  World Sport  |  Travel
Podcasts  |  Blogs  |  CNN Mobile  |  RSS Feeds  |  Email Alerts  |  CNN Radio  |  CNNAvantGo  |  Site Map
© 2008 Cable News Network. A Time Warner Company. All Rights Reserved.