Following on from a year in which supply chains and international travel were severely disrupted, 2021 saw an increase in global cooperation, as institutions, businesses and governments alike sought to work together to find solutions to some of the world’s major challenges.
The disruption to daily life created by the pandemic has precipitated an acceleration of the digital transformation process already under way in the corporate sector in Qatar, with private firms waking up to the potential to enhance productivity and generate new revenue streams through digital solutions.
Oman’s post-pandemic priorities are focused on developing the private sector, accelerating diversification and reducing the national deficit.
After remaining resilient in 2020, the Islamic finance segment is performing strongly this year, as an improved economic environment, a rise in the number of large projects and an increased focus on environmental, social and governance (ESG) factors combine to drive demand.
Oliver Cornock, Oxford Business Group's Editor-in-Chief, recently spoke with John Brash, founder and CEO of Brash Brands, who shared his views on the current economic trends in GCC countries – with a particular focus on Saudi Arabia – that include ambitious innovation and diversification plans; investments in talent and education; support for SMEs and start-ups after the crisis, as well as progress in agricultural sustainability.
As global leaders in politics and business continue to meet in Glasgow to discuss environmental issues as part of UN Climate Change Conference (COP26), some of the world’s most fossil fuel-dependent countries have launched plans to reach net-zero carbon emissions.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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