Major reforms are under way at the Abu Dhabi National Oil Company (ADNOC), as the state-owned oil firm moves to strengthen performance and profitability and create greater efficiencies, against a...
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Economic Update | Abu Dhabi National Oil Company moves to maintain competitive edge
29 Jul 2016
Economic Update | Saudi Arabia implements tax to encourage property development
27 Jul 2016
Recent measures to levy a tax on empty plots of land in Saudi Arabia are intended to kick-start the residential property sector and tackle the Kingdom’s housing shortage.
Economic Update | Dubai grows entrepreneurship through technology
27 Jul 2016
A solid regulatory base, strong government support and rising demand from a young population are fuelling Dubai’s efforts to foster technology-driven entrepreneurship.
Economic Update | Kuwait gives green light for airport terminal construction
23 Jul 2016
Officials in Kuwait have made significant progress on long-awaited upgrades to Kuwait’s International Airport (KIA) by signing a $4.4bn contract to kick-start construction on a new terminal.
Economic Update | Oman returns to international bond markets
22 Jul 2016
A return to the international bond market, combined with fiscal reforms and an increase in oil prices, is bolstering government efforts to bridge Oman’s budget deficit.
Economic Update | Jordan pushes for cashless transaction
22 Jul 2016
Several innovations in Jordan’s banking sector over the past two years have helped facilitate an increase in cashless transactions, including mobile payment services for bills, peer-to-peer lending...
