Oil production in Kuwait continues to increase, having reached 3m barrels per day (bpd) as of early December. Output could expand further in the longer run, according to officials from the Kuwait Oil...
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Economic Update | Kuwait: Increasing output
30 Jan 2012
Economic Update | Turkey: Preparing for the long term
30 Jan 2012
In late December Turkish parliamentarians approved a budget that would expand public spending, even as their European neighbours begin fiscal austerity programmes. Major increases in public...
Economic Update | Oman: Regulating real estate
26 Jan 2012
The introduction of a real estate regulatory agency in Oman is expected to instil greater confidence among foreign investors and promote better practices in this growing segment.
Early this month the...
Economic Update | Abu Dhabi: In the pipeline
26 Jan 2012
Abu Dhabi is putting the final touches on an oil pipeline that will allow the emirate to bypass the congested Strait of Hormuz, through which about 40% of all sea-borne crude is currently shipped....
Economic Update | Qatar: Increasing petrochemicals production
26 Jan 2012
Undertaking a large-scale expansion of its chemicals industry, Qatar is aiming to increase the value of hydrocarbons-related exports.
Production of chemicals and petrochemicals will more than double...
Economic Update | RAK: Year in Review 2011
24 Jan 2012
With the emirate’s fiscal house in order, Ras Al Khaimah’s (RAK’s) government and the banking sector have provided a solid bedrock for recent expansion in the industrial and tourism sectors, two of...
