TAG: The Middle East
Higher construction and real estate activity has had a knock-on effect on the Bahraini economy, boosting a wide range of sectors.
Even as the sultanate's oil production rises, Oman is looking to grow other sectors of the economy, namely, transport infrastructure, the services segment and manufacturing, to offset a decline in oil income.
On Tuesday's (04/10/16) newspaper review with BBC World News, OBG managing editor Oliver Cornock discusses the deterioration in diplomatic relations between the US and Russia, and the economic uncertainty driven by the emergency rule extension in Turkey with the Turkish Lira dropping further. The review also covers the story on the US congress overturning Obama’s 9/11 veto bill, and more.