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Economic Update | RAK: Real estate rising

29 Mar 2011
Real estate in Ras Al Khaimah appears set to rebound from the regional downturn in the property market, with experts predicting an increase in sales and building activity, but prices seem unlikely to...

Economic Update | Jordan: Competition time

29 Mar 2011
Competition looks set to continue heating up in the Islamic finance sector, with the latest entrant to the market, Saudi giant Al Rajhi Bank, opening for business in late March. As new players work...

Economic Update | Kuwait: An air of refinement

29 Mar 2011
Investor confidence in Kuwait’s energy industry should get a welcome fillip from reports that the state-owned oil company is set to increase domestic oil refining capacity by more than 50% over the...

Economic Update | Oman: Hitting the gas

24 Mar 2011
In an effort to meet rising domestic demand and keep the cost of imports to a minimum, Oman is looking to boost its production of natural gas. However, the levels of investment necessary to exploit...

Economic Update | Qatar: Going into overdrive

23 Mar 2011
With the government and international agencies alike predicting GDP to expand by almost 20% this year, and a budget surplus in the double-digit billions, Qatar’s economy is set to outstrip nearly all...

Economic Update | Sharjah: Banking on growth

22 Mar 2011
The conservative approaches to money management employed by for four Sharjah-based lenders have paid off judging by their year-end financial statements for 2010, which have recently been released.

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