What do you identify as the most promising business opportunities for the private sector given the decrease in public spending?
The Middle East Economy
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Regulatory reforms introduced in 2016 should draw investors to help carry out a large, state-led project pipeline, with clean and alternative energy among the industries benefitting.
Last year saw a surge in activity on Oman’s Invest Easy portal – a one-stop shop for investment and business procedures – with the authorities also rolling out key reforms aimed at attracting investors.
Kuwait’s latest budget will focus capital expenditure on downstream oil and gas activities during FY 2017/18 in a bid to create jobs, offset falling crude export revenue and capitalise on rising regional demand for refined products.
Sharjah is actively increasing its profile abroad through trade shows and high-level diplomatic visits in a bid to bolster existing trade and investment partnerships and build new ones.
Economic update | Bahrain eyes SME growth
16 Feb 2017
An improved business environment in Bahrain could significantly enhance the economic contribution of smaller-scale enterprises, as local start-ups continue to ink deals with international companies, though weaknesses in key areas risk hindering entrepreneurial development.