Home » My 8 weeks at Harvard Business School's Advanced Management Program » Day 29 – Week 5 Focuses on Middle East & Energy

Day 29 – Week 5 Focuses on Middle East & Energy

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 31 other followers


Common theme amongst the middle east countries/kingdoms – ‘Modernize but not Westernize’.  While I am fine with the ‘not westernize’ bit, a lot of these countries are putting up a farce!  Modernize but have laws that restrict freedom of press??

Well Dubai recently has been pushing laws that ‘discourage’ the media from publishing information damaging the economy.  Have something to hide?  As per public knowledge, Dubai’s foreign currency debt was between $90B – $120B in 2008.  Empty skyscrapers, stopped construction cranes and an estimated 50% – 60% drop in real  estate prices question the sustainability of the ambitious development plans.

In other reading this weekend, I learnt a few things about Saudi Arabia:

  1. Saudi Aramco has a valuation of $781B – the largest in the world!
  2. 15 of the 19 hijackers on Sept. 11, 2001 were Saudi born ( I was aware of this)
  3. 73% of the population of 24M is under the age of 29

A lot of reading for Energy day on Wednesday.

No picture today.



  1. Kirit says:

    very cool Samvit. Didnt know you were blogging your daily experiences at this program till yesterday. Thanks for sharing.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: