Underpinned by rising tourist arrivals and heating demand in the local economy, Dubai’s retail sector appears set to enter a period of solid growth. A recent study conducted by market research...
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Economic Update | Dubai: Retail on the rebound
27 Jul 2011
Economic Update | Saudi Arabia: A position of strength
22 Jul 2011
The Kingdom’s banks are moving toward the second half of 2011 in a strong position, but their ongoing conservative positions have triggered criticism. Saudi Arabia’s financial institutions are cashed...
Economic Update | Jordan: Maintaining the economic line
21 Jul 2011
Jordan’s government has undergone major overhaul with almost one third of all cabinet ministers reshuffled by Prime Minister Marouf Bakhit. Nonetheless, this does not appear to flag any major shift...
Economic Update | Kuwait: Private lines
19 Jul 2011
Fixed-line telephone services in Kuwait are currently owned by the state, however, this may be set to change, according to recent statements by government officials. At the same time, the...
Economic Update | Qatar: Industrial intent
18 Jul 2011
After several years of substantial economic expansion, Qatar was recently named the wealthiest nation in the world in terms of GDP per capita. However, with many of the oil and gas related projects...
Economic Update | Oman: Green light for IFS
15 Jul 2011
The Omani government has opened its doors to Islamic banking, with Sultan Qaboos bin Said Al Said issuing a royal directive in early May allowing for the roll-out of sharia-compliant financial...