Electric vehicles may be set to become a more familiar sight on the streets of Dubai. The emirate has one of the world’s highest car ownership ratios and the authorities are expanding the...
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Economic Update | Dubai considers electric car solutions
15 May 2015
Economic Update | Saudi Arabia rail project progresses
29 Apr 2015
Further progress has been made in plans to build the Gulf region’s rail network, with Saudi Arabia looking to closely align the project with its economic and social priorities.
Economic Update | Kuwait homes in on property market
29 Apr 2015
Last year saw a record high in real estate sales, which surged 18.5% year-on-year (y-o-y) to KD4.3bn ($14.3bn). Sales in the investment segment rose 30% to a value of KD1.8bn ($6.0bn), while...
Economic Update | Turkey rolling up sleeves for 4G
28 Apr 2015
New spectrum allocations and a fourth mobile licence offering are expected to provide a fillip for Turkey's telecoms sector, which has benefitted in recent years from rising mobile and internet...
Economic Update | Jordan’s tourism industry feels impact of regional volatility
27 Apr 2015
A concerted drive is under way in Jordan to reinvigorate the important tourism sector that has been curtailed by regional instability.
Economic Update | European quantitative easing bodes well for Abu Dhabi
23 Apr 2015
European quantitative easing (QE) could prove to be a catalyst for increased activity in Abu Dhabi’s bond market over the coming months, providing a welcome influx of funds.