Government officials are becoming increasingly concerned that Turkish exporters could face stiffer competition in their biggest markets due to a looming free trade agreement (FTA) between the EU and...
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Economic Update | Turkey: EU-US trade pact could hit exporters
5 Jul 2013
Economic Update | Kuwait: New renewable energy project in the works
3 Jul 2013
Despite holding substantial oil reserves, Kuwait is stepping up its efforts to develop alternative sources of energy. In mid-June the government announced it was inviting bids for the construction of...
Economic Update | Oman: New developments in Islamic financial services
28 Jun 2013
A new index for Oman’s stock exchange is expected to provide a boost to the Sultanate’s nascent Islamic financial services sector and lead the way for additional sharia-compliant products.
Economic Update | Bahrain: Insurance looks to health cover for growth
27 Jun 2013
Long a leader in the region’s insurance industry, Bahrain is now facing rising competition, although plans to make medical coverage mandatory for foreign residents could give a welcome boost.
Economic Update | Qatar: Developing tourism
25 Jun 2013
With a strong existing market from business visitors, and a growing status among tourists from elsewhere in the Gulf, Qatar’s authorities are now focusing on developing a broader leisure industry.
Economic Update | Jordan: Push to remove auto insurance cap
25 Jun 2013
While motor coverage is a low-profit line of business in many countries, Jordan has seen this segment of the insurance market make headlines in 2013, with industry players suggesting that without...