Weaker energy prices and an ambitious reform programme aimed at increasing private sector participation in the economy were key themes of 2016 as Saudi Arabia accelerated efforts to diversify its economy.
Weaker energy prices and an ambitious reform programme aimed at increasing private sector participation in the economy were key themes of 2016 as Saudi Arabia accelerated efforts to diversify its economy.
The government of Kuwait is continuing its drive to encourage private sector investments, having recently announced plans to invite proposals on several large-scale, public-private partnership (PPP) projects.
Year-end forecasts of increased revenue and fiscal deficit relief have brightened Sharjah’s near- to medium-term outlook, with the emirate’s authorities working to promote non-hydrocarbons sectors as attractive investment propositions on the back of slower growth in 2015.
CROWNE PLAZA AMMAN 6th Circle, King Faisal bin Abdul Aziz Street PO Box 950555 Amman 11195 T: (+962) 6551 0001 F: (+962) 6551 0003 www.crowneplaza.com info.cpamman@ihg.com Rooms: 279 rooms and suites. Business & Conference Facilities: Eight banquet rooms, including a grand ballroom and royal tent, accommodating up to 1000 guests and...
NATIONAL CHARACTER: The people of Jordan are renowned for their hospitality. Most people go out of their way to assist visitors, and making friends with local Jordanians is relatively easy.
In the face of regional instability, high levels of debt and the cost of hosting hundreds of thousands of refugees, Jordan’s economy exhibited resilience this year, with prospects for even stronger growth in 2017 on the back of international support and wide-reaching reforms.
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