Increased state spending on infrastructure and construction projects supported solid growth in Dubai’s economy in 2018, despite muted performances from some key sectors.
Increased state spending on infrastructure and construction projects supported solid growth in Dubai’s economy in 2018, despite muted performances from some key sectors.
Increasing efforts to diversify its economy and realign its trade relationships, Qatar is building new links and expanding ties with existing partners.
Reforms to improve trade and protect investor rights have bolstered Bahrain’s standing on the World Bank’s most recent ease of doing business index, with newly ratified legislation set to further boost its investment appeal.
How have local companies adjusted their business strategies to weather the ongoing economic climate?
Abu Dhabi has moved ahead with plans to bolster the emirate’s non-oil economy following the launch of a Dh50bn ($13.6bn) programme aimed at fast-tracking economic growth and social development.
Qatar is ramping up efforts to increase foreign investment and incentivise activity in a range of different industries, unveiling plans to launch two new free trade zones.
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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