Limited uptake of new technology has had an impact on economic development in Kuwait, according to a recent report. In its “Growth and Jobs in a Hyper-connected World”, released in April, the World Economic Forum (WEF) said that despite some advances,...
New investments in Oman’s agro-industries will not only help bolster the Sultanate’s food security and ease reliance on imports, but also have the capacity to provide increased business opportunities in food processing and support services. One of the...
New incentives for property buyers could stimulate activity in the residential sector of Bahrain’s real estate market, a segment that is beginning to see signs of limited recovery. On May 20, Bahrain’s Shura Council ratified a motion passed by the...
The world’s largest exporter of liquefied natural gas (LNG) is spreading its wings into energy ventures far from the vast reserves on its own doorstep. Qatar is investing in shale-related projects in North America and elsewhere to help maintain its...
The Kuwait Stock Exchange (KSE) had a positive start to 2013, with the index steadily moving up to reach multi-year highs in May. While local investors are driving much of the recent activity, foreign capital is increasingly flowing into the Gulf’s...
For some time now there has been hype all around – the much sought after energy independence of the US is very much in grasp. Not only the upcoming revolution has changed the global energy landscape, it may also manifest itself in geopolitical terms....
The IT sector in Oman looks set to continue expanding on the back of a sharp rise in broadband and mobile phone take-up, together with falling costs across several services. However, while competition in the industry remains fierce, Oman is still...
A new free zone planned in Abu Dhabi could spur on further investment in the local economy. On May 5 the Executive Council announced that the federal government had issued a decree establishing a financial free zone in the emirate. To be called Global...
Wastewater recycling initiatives are expected to play an important part in Saudi Arabia’s efforts to meet rising demand and maximise output, both of which are seen as key ingredients for driving forward the Kingdom’s economic expansion. The move toward...