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Economic Update | RAK: Year in Review 2012

15 Jan 2013
The economy of Ras Al Khaimah (RAK) has continued to expand, and while final year-end 2012 figures for growth have yet to be released, officials say they are confident that the forecast 8% increase...

Economic Update | Kuwait: Year in Review 2012

14 Jan 2013
The year 2012 was one marked by ups and downs for Kuwait, with a record profit highlighting the country’s economic growth, but also exposing its perpetuating reliance on oil revenues. While the...

Economic Update | Oman: Regulating Islamic finance

11 Jan 2013
The recently released Islamic Banking Regulatory Framework (IBRF), a 500-page document setting out the regulations that will govern Oman’s financial sector, is set to open the door for both...

Economic Update | Qatar: Year In Review 2012

10 Jan 2013
A bid by Qatar’s government to consolidate several years of economic expansion, while channelling a budgetary surplus towards large-scale capital works projects, helped the country achieve its aim of...

Economic Update | Saudi Arabia: Year in Review 2012

9 Jan 2013
The Saudi Arabian economy recorded another solid year of expansion in 2012, sustained by its energy sector and a steady rise in state spending. While growth may moderate in 2013, a number of sectors...

Economic Update | Dubai: Year in Review 2012

9 Jan 2013
The emirate’s economy continued its recovery in 2012, with a number of key sectors posting high growth over the past 12 months. However, there are some concerns that the rebound could happen too...

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